A judge ordered Elon Musk to testify in a probe by the U.S. Securities and Exchange Commission concerning his 2022 acquisition of Twitter.
Category: Technology
Microsoft’s AI growth is helping its cloud business weaken Amazon’s lead
Microsoft’s cloud is growing significantly faster than Amazon Web Services of late, thanks in part to its cozy OpenAI relationship.
Biden campaign debuts official TikTok account, but app is still banned on most government devices
The TikTok account, with the handle “@bidenhq,” debuted Sunday during Lunar New Year celebrations in China and Super Bowl 58 in the U.S.
Digital banking giant Revolut is launching phone plans for travelers in the UK
Digital banking startup Revolut is launching travel eSIM plans in the U.K. that give users access to data abroad without suffering roaming charges.
Amazon’s Prime Video lands exclusive NFL playoff game next season
Amazon is going deeper into the NFL after agreeing in 2021 to pay about $1 billion a year for the exclusive rights to Thursday Night Football.
Snap plunges 30% on revenue miss and light guidance, as company says Middle East war creates ‘headwind’
Snap reported weaker-than-expected sales for the fourth quarter and issued a forecast that came in a bit light of Wall Street’s expectations.
Meta is trouncing Snap in Digital ads — here’s why
As fourth-quarter earnings reports made clear, Snap is having a much tougher time than Meta when it comes to getting its ad business back on track.
Sonos shares rise 12% on earnings and revenue beat
Sonos shares rose after the speaker company reported fiscal 2024 first-quarter sales and earnings that exceeded Wall Street expectations.
CleanSpark jumps on plans to buy four bitcoin mining facilities ahead of the halving
CleanSpark shares jumped after the company revealed plans to expand its mining presence and potentially double its hashrate in the first half of the year.
Amazon cuts hundreds of jobs in Pharmacy, One Medical units: Read the memo
Amazon has continued to announce job cuts this year after more than a year of mass layoffs.