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SpaceX shares decline for first time since blockbuster debutSpaceX shares experienced their first decline since their IPO on Wednesday, ending a three-day rally that briefly surpassed Amazon's valuat...- US jury verdicts against Meta, Google tee up fight over tech liability shieldTech giants Meta and Google have been found liable in US courts for harm caused to young users. Juries awarded millions in damages in cases...
- Asian stocks rise with earnings, economic data in focusAustralian and Japanese shares climbed at the open and equity-index futures for Hong Kong pointed to a moderate gain. US stock futures edge...
- AI to cut barriers to creativity for developers, creators, says Snap CEO Evan Spiegel on India visitSpiegel emphasised the role that AI is expected to play in image and video creation. He said AI has the potential to bridge the gap between...
- Age gating industry-wide challenge, need workable solutions for it: Snap head of global safety Jacqueline BeauchereAge gating refers to age verification system to restrict access to digital content to children. The Digital Personal Data Protection Law, p...
- Oh Snap! Social media stocks lose billions after Snapchat parent warningThe company was on track to lose $15 billion in market capitalization, while shares of major online advertisers and social-media firms were...
- Nasdaq sinks over 3% after Snap warning fuels further drop in tech sharesSnap Inc plummeted 39.7%, dragging down several social media and internet stocks, after the company slashed its second-quarter earnings for...
- Pfizer's $11.6 bn Biohaven buy could spark more biotech dealsThe deal, announced on Tuesday, is the biggest in the sector so far this year and ends a dearth of large acquisitions, which along with cli...
- Snap leaning on AR to drive its India business, says cofounder Bobby Murphy“We are really excited about the momentum and the growth in India, and I know that with our AR platform, in particular, it's been amazing t...
- Snapchat is finally rolling out this much-awaited featureUsers can finally update their username on Snapchat, but the update comes with a catch.
- Apart from Facebook, who else is building the metaverse?The metaverse broadly refers to the idea of a shared virtual platform that people can access through different devices.
- Who's building the metaverse?Well before Facebook CEO Mark Zuckerberg's splashy demos featuring giant robots and digital time travels to ancient Rome, dozens of compani...
- Exclusive: Android push powers Snapchat's India driveSnap sees India as a priority market after breaching 100 million monthly user base
- Reddit hires former Snap executive Drew Vollero as first CFOThe appointment of Vollero, who as the first finance chief of Snap guided its transition to a public company, comes amid rising expectation...
- Here's how Saudi cash could bring on the VC crashGiven rising interest rates, the reality of Saudi money may be what finally deflates the startup bubble.
- 'This is the uber market': Tech IPOs soar past their FAANG peersIn total, 80 percent of 2018 US tech listings are trading above their respective IPO prices.
- Bitcoin's blazing gains just the start, it will rise as much as 20-fold: Billionaire Winklevoss“We think that bitcoin is a gold disruptor,” Winklevoss said in an interview on Friday.
- When FTSE, MSCI and S&P rule the worldIt's impossible not to wonder what strange consequences the dominance of passive investing will have on financial markets.
- Snap CEO dismisses growth shortfall, scoffs at Facebook insteadFacebook has been copying some of Snapchat's most popular features, including its "stories" tool, which lets people post short videos about...
- With Microsoft bid looming, Yahoo pays $160 mn for online video serviceUndeterred by the threat of a hostile takeover, slumping Internet pioneer Yahoo Inc. completed an acquisition of its own by buying online v...
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