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Oracle tumbles as tepid forecast fans cloud growth concernsOracle on Monday blamed supply constraints for the weak results, with CEO Safra Catz saying that demand for the company's generative AI and...- After Elon Musk tirade, X faces prospect of more advertisers fleeingIn a memo to employees on Thursday, which was seen by Reuters, X Chief Executive Linda Yaccarino said Musk's interview was "candid and prof...
- Nvidia's forecast lifts AI stocks and Nasdaq futuresNvidia's forecast added to investor optimism. Big Tech and AI-related stocks saw their stock market values increase by over $70 billion, on...
- Once worth $47 billion, WeWork shares near zero after bankruptcy warningThe SoftBank-backed company has been in turmoil ever since its plans to go public in 2019 imploded after investors recoiled at its hefty lo...
- WeWork shares sink after warning of bankruptcy riskThe SoftBank-backed company, valued at just $446.8 million as of last close, has been in turmoil ever since it filed its IPO paperwork in 2...
- BlackBerry to review strategic options for its businessBlackBerry, which was founded in 1984 and built pagers, said it has not set a timeline for the process and does not intend to disclose deve...
- Amazon deepens healthcare push with $5 monthly subscription for US Prime membersThe programme, named RxPass, includes more than 50 medications addressing over 80 chronic conditions such as high blood pressure, anxiety, ...
- Intel chairman Omar Ishrak steps downOmar Ishrak had stepped down and the chipmaker appointed board director Frank Yeary as his replacement.
- Sony considers $5.8 billion smartphone sensor factory in Japan-mediaThe plant would be located in Kumamoto prefecture and Sony plans to bring it online in 2025 at the earliest, the report said. The news was ...
- What is an 'everything app' and why does Elon Musk want to make one?The concept of an everything app, often referred to as a "super app," is massively popular in Asia and tech companies across the world have...
- Accenture forecasts revenue below estimates on IT spending cut, higher dollarForeign exchange headwinds have intensified since Accenture's third-quarter results, with the U.S. dollar at a two-decade high against a ba...
- Donald Trump stepped down as director of his media group last month, shows filingThe document from the Florida Department of State Division of Corporations, dated June 8, also showed that Donald Trump Jr and Kashyap Pate...
- Pinterest CEO Ben Silbermann steps down, Google executive to take over in ecommerce pushBill Ready's appointment brings to an end Silbermann's 12-year tenure as CEO, which began when he co-founded the company in 2010. Pinterest...
- Oracle revenue, profit top estimates on cloud boomOracle, which reported a currency headwind of 5% in the fourth quarter, up from 2% to 3% in the third quarter, said it expects substantial ...
- All in a day: Mark Zuckerberg loses $29 billion, Jeff Bezos set to pocket $20 billionMark Zuckerberg's one-day wealth decline is among the biggest ever and comes after Tesla Inc top boss Elon Musk's $35 billion single-day pa...
- Didi revenue falls as China's regulatory crackdown hits businessShares of Didi, which had soared in their IPO giving the company a valuation of $80 billion and marking the biggest U.S. listing by a Chine...
- Twitter aims to make live audio feature 'Spaces' available globally by AprilTwitter's Spaces competes with Clubhouse, which is an invite-only audio-based social network startup that shot to fame after appearances fr...
- Accenture forecasts upbeat full-year revenueShares of the company rose about 4% in light premarket trading.
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