As other tech companies returned to growth, Snap continued to struggle with advertising sales and lost money in the first quarter.Read More
Month: April 2023
The company, which has had significant layoffs in recent months, is the latest Big Tech company to top Wall Street’s financial expectations.Read More
F.B.I. Searches Home of Top FTX Executive
1 min read
Ryan Salame, a former top FTX executive and a prolific Republican donor, faces mounting legal pressure for his role in Sam Bankman-Fried’s business empire.Read...
The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence.Read More
The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence.Read More
British regulators cited the newness of the cloud gaming field to block Microsoft’s $69 billion acquisition of Activision, a shift in antitrust strategy.Read More
Microsoft’s blockbuster deal to buy Activision is in jeopardy. Here’s what could happen next
1 min read
For years, Microsoft flew under the radar as policymakers around the world went after Amazon, Facebook and Google as some of the biggest alleged...
The UK antitrust regulator has blocked Microsoft’s purchase of Activision Blizzard, threatening to thwart one of the tech industry’s biggest deals over concerns it...
Facebook-parent Meta on Wednesday reported that it grew sales by 3% during the first three months of the year, reversing a trend of three...
Elizabeth Holmes won’t be starting her 11-year prison sentence just yet.