The US Federal Trade Commission sued Amazon Tuesday, bringing the hammer down on the e-commerce giant for allegedly monopolizing online marketplace services by—among other things—overcharging sellers...
They’re finally here. Paid driverless taxis got the green light last week from California regulators. Soon, Waymo and Cruise will start charging San Francisco passengers for...
Microsoft on Tuesday reported fiscal fourth-quarter profit of US$20.1 billion, or US$2.69 per share, beating analyst expectations for US$2.55 per share. It posted revenue of US$56.2...
Amid a ramp up in rhetoric from Beijing to bolster business confidence as economic growth wanes, China has stepped up its support for the yuan, and...
Goldman Sachs Group’s profit plunged as the Wall Street giant notched one of its weakest quarters under Chief Executive Officer David Solomon. Second-quarter earnings fell a...
Earnings reports from tech giants Tesla and Netflix disappointed yesterday. Tesla Inc. shares dropped in early trading after the carmaker warned of more hits to its...
Gannett has filed a civil lawsuit against Google and its parent company Alphabet, claiming that they unlawfully hold monopolies in the advertising technology tools that publishers...
Airbnb CEO and co-founder Brian Chesky has released the following (edited) Q4 2022 Shareholder Letter 2022 was another record year for Airbnb. Revenue of $8.4 billion...
Gross Bookings grew 19% year-over-year and 22% year-over-year on a constant currency basis Mobility and Delivery Adjusted EBITDA margins at all-time quarterly highs Operating cash flow...
Twitter co-founder Jack Dorsey — once a supporter of Elon Musk’s $44 billion acquisition of the site — is now offering sharp criticism of the new...
