The Federal Trade Commission (FTC) has lodged accusations against key figures at Amazon.com Inc., including founder Jeff Bezos and CEO Andy Jassy, asserting that they deleted text messages potentially pivotal to the ongoing antitrust inquiry. According to a court filing ...

Rubrik, a data management software provider, saw a notable surge in its debut on the New York Stock Exchange on Thursday, underscoring investors’ growing appetite for tech initial public offerings. Opening at $38.60 per share, the Microsoft-backed company priced its ...

Mark Zuckerberg commenced Meta’s earnings call with a discussion on artificial intelligence, swiftly transitioning to the metaverse, highlighting Meta’s headsets, glasses, and operating system. Interestingly, he dedicated much of his opening remarks to elucidating the various facets of Meta’s financial ...

Microsoft’s shares surged by as much as 5% in after-hours trading on Thursday following the release of the software giant’s fiscal third-quarter results, which surpassed the expectations of Wall Street analysts. Here’s a breakdown of how Microsoft’s performance compared to ...

Over the weekend, Google co-founder Sergey Brin made a rare public appearance, expressing his return from retirement due to the promising trajectory of AI. Brin, aged 50, engaged with a gathering of artificial intelligence enthusiasts on Saturday at the “AGI ...

China has disclosed its intention to amplify its defense expenditure by 7.2%, reaching 1.67 trillion yuan in 2024, as revealed in a budget report by the Ministry of Finance during the country’s annual parliamentary sessions in Beijing. The declaration of ...

On Tuesday, Coca-Cola CEO James Quincey remarked that inflation is showing signs of moderation across most markets, following a period during which the beverage company relied on price increases to drive revenue growth. Coke revealed its fourth-quarter results, revealing that ...

Boeing experienced a decline in aircraft orders and deliveries in January, partly due to the aftermath of a midflight incident involving a fuselage panel blowout on one of its 737 Max 9s, overshadowing the company’s strong performance in 2023. In ...

Chief Executive Officer Bob Bakish revealed in an internal memo to employees on Tuesday that Paramount Global is initiating layoffs, just a day after CBS celebrated record Super Bowl viewership. Approximately 800 employees, constituting an estimated 3% of the workforce, ...

Trading for shares of Intuitive Machines surged on Thursday as the space company embarked on its inaugural mission to the moon’s surface earlier in the day. A SpaceX rocket successfully launched Intuitive’s IM-1 mission, carrying a cargo lunar lander loaded ...