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Chinese TikTok sellers complain of under-fire platform tightening US rule enforcementChinese-owned TikTok, which faces the threat of having to divest its US operations or be banned, has in recent weeks taken a harder stance ...27 Mar, 2024, 03.58 PM IST- Lyft beats third-quarter estimates, bookings underperform rival UberGross bookings, which is a metric Lyft started disclosing in the third quarter measuring total transaction value on its platform, grew 15% ...09 Nov, 2023, 08.44 AM IST
- Lyft's gains from price cuts not enough to dent Uber's US leadThe average price of a standard Lyft ride as of September-end was more than 4% cheaper than Uber's similar service, according to data analy...06 Nov, 2023, 05.23 PM IST
- Instacart goes from the supermarket to the stock market, raising $660 million with its IPOThe San Francisco-based grocery delivery company raised $660 million in its initial public offering of stock, selling 22 million shares at ...19 Sep, 2023, 06.49 PM IST
- ChatGPT's explosive growth shows first decline in traffic since launchChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first t...06 Jul, 2023, 11.31 AM IST
- ChatGPT faces 'growing pains' in JuneWorldwide desktop and mobile traffic to the ChatGPT website decreased by 9.7% in June from May, while unique visitors to ChatGPT's website ...05 Jul, 2023, 11.33 PM IST
- Price war: Amazon excludes rival Temu from competitive price checksAmazon is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform are competitive...14 Jun, 2023, 10.57 AM IST
- Tech investors focus on profits after layoffs; companies to highlight AIMicrosoft Corp, Google parent Alphabet Inc, Instagram owner Meta Platforms Inc and Amazon.com Inc all report quarterly results this week.24 Apr, 2023, 03.47 PM IST
- Shein’s lead under fire as Chinese-owned Temu tops US chartsTemu views Shein as its biggest rival in the near-term, and wants to surpass its dominance within the next few years06 Mar, 2023, 12.44 PM IST
- Intel's 'historic collapse' erases $8 billion from market valueThe company predicted a surprise loss for the first quarter and its revenue forecast was $3 billion below estimates as it also struggled wi...28 Jan, 2023, 08.21 AM IST
- Intel's 'historic collapse' set to erase $10 billion from market valueThe company predicted a surprise loss for the first quarter and its revenue forecast was $3 billion below estimates as it also struggled wi...27 Jan, 2023, 10.23 PM IST
- Intel's 'historic collapse' set to erase $10 billion from market valueThe company predicted a surprise loss for the first quarter and its revenue forecast was $3 billion below estimates as it also struggled wi...27 Jan, 2023, 09.39 PM IST
- Tesla's slowing sales, shrinking margins in focus in EV price warThe company's margins will be hit though as Tesla looks to squash competition from traditional automakers such as Ford Motor Co and unprofi...25 Jan, 2023, 01.08 AM IST
- Amazon is ubiquitous. But it isn't invincible anymoreThis year saw the world’s largest e-commerce company at one point lose a trillion dollars in market value as growth in online shopping slow...20 Dec, 2022, 09.36 AM IST
- Lyft hikes service fee for rides as insurance costs riseThe increase averages less than 50 cents per trip nationally, a Lyft spokesperson said. The company pays for drivers' insurance when they a...17 Oct, 2022, 11.04 PM IST
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