Meta Returns to Growth After Struggling With Falling Sales
The owner of Facebook and Instagram reported a 3% revenue increase in the latest quarter, even as spending rose and profits fell.Read More
Year: 2023
U.K. Blocks Microsoft’s Activision Bid, a Blow to the Tech Giant
The decision barring the $69 billion takeover of a big video game publisher is a major loss for Microsoft, which also faces pushback from...
Binance Faces Mounting Pressure as U.S. Crypto Crackdown Intensifies
The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.Read...
Nima Momeni, the man accused of killing Cash App founder Bob Lee in San Francisco, intends to plead not guilty next week, his attorney...
Senate Republicans call on Biden administration to clamp down on cloud companies with ties to China
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A group of Republican senators on Tuesday urged the Biden administration to “use all available tools” to sanction cloud computing firms with links to...
Temu, an online shopping platform that has quickly become the most popular app in the United States, has crossed the Atlantic.
Commerce Dept. Outlines Plans to Fund Cutting-Edge Chip Research
The Biden administration announced its strategy for the National Semiconductor Technology Center, a string of facilities aimed at propelling U.S. innovation.Read More
Alphabet Shrugs Off Advertising Slump, Driven by Search Engine
Google’s parent company returned to sales growth, even as an advertising slowdown continued to crimp YouTube.Read More
Microsoft Beats Financial Expectations Despite Worries About Economy
Quarterly revenue was up 7 percent and profits were up 9 percent as the company embarked on an aggressive plan to embrace artificial intelligence.Read...