SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company…
Stocks making the biggest moves midday: Tesla, Qualcomm, Meta, Moderna and more
Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle maker jumped more than…
Stocks making the biggest moves premarket: Qualcomm, Tesla, Hostess and more
Check out the companies making headlines in premarket trading Monday. Tenable Holdings — The exposure management solutions provider rose 3%…
Trump uses Facebook to fund presidential run, two years after Meta banned him
Ever since Meta lifted its two-year ban on former President Donald Trump earlier this year, its Facebook and Instagram platforms…
EU lists Alphabet, Amazon, Meta and three other tech giants as ‘gatekeepers’ under strict competition rules
The European Commission on Wednesday said it designated six tech giants as “gatekeepers” under its new Digital Markets Act —…
Stocks making the biggest moves midday: Nvidia, Peloton, Foot Locker, Dick’s Sporting Goods and more
Check out the companies making headlines in midday trading. Nvidia — The chipmaker climbed 3,2% ahead of its quarterly report…
Recalled baby products sold on Facebook draw the ire of powerful committee in Congress
WASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta‘s Facebook in…
Europe’s Stripe rival Adyen saw $20 billion wiped off its value in a single day. Here’s what’s going on
Spirits were high when Dutch payments firm Adyen floated on the Amsterdam stock exchange in 2018. The company was riding…
‘Dangerous point for investors’: Strategist warns of overconfidence about A.I.
Market participants are “overconfident” about their ability to predict the long-term effects of artificial intelligence, according to Mike Coop, chief…
Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach
U.S. regulators on Tuesday announced a combined $549 million in penalties against Wells Fargo and a raft of smaller or…
