Zuckerberg Falls Two Spots as Tech Earnings Reshuffle Rich Ranks
Mark Zuckerberg fell to fifth place on the Bloomberg Billionaires Index — the lowest in nearly two years — as…
Apple Posts Disappointing Sales in China, Marring Upbeat Report
Apple Inc.’s fourth-quarter revenue in China fell well short of analysts’ estimates, overshadowing strong overall sales in the period. Source:…
Reddit Projects Strong Holiday Quarter Advertising Sales
Reddit Inc. projected fourth-quarter sales that beat analysts’ expectations, a sign that its advertising business will continue to grow at…
Netflix Announces 10-for-1 Stock Split to Benefit Employees
Netflix Inc. approved a 10-for-1 stock split to bring the share price to a more accessible range for employees who…
Podcasters Look Beyond Audio and YouTube to TV
As linear TV declines and podcasters become video stars, companies outside the audio realm are rushing to license their programs…
Amazon Reports Cloud Computing Unit Grew Faster Than Expected
Amazon.com Inc.’s cloud unit posted the strongest growth rate in almost three years, reassuring investors concerned that the largest seller…
Trump’s TikTok Deal With China — What Do We Know?
After more than a year of negotiations, the US and China are nearing the “resolution” of a deal to transfer…
AI Firm Udio Angers Users With Universal Deal Restricting Songs
Udio, an artificial intelligence startup, triggered an angry backlash from subscribers after signing an agreement with Universal Music Group NV…
Microsoft Warns Investors About Local Opposition to Data Centers
Microsoft Corp. is warning investors about a new risk to its expansive data center plans: local backlash. Source: Original
Nvidia to Invest Up to $1 Billion in AI Startup Poolside
Nvidia Corp. plans to invest as much as $1 billion in the artificial intelligence company Poolside, according to people familiar…