Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a "heavy debt load," the platform still has a negative cash flow.
2023-07-16 04:50
News Corp beats Street estimates, touts generative AI efforts
By Chavi Mehta (Reuters) -Media conglomerate News Corp beat Wall Street targets for first-quarter revenue and profit on Thursday and
2023-11-10 06:52
Alex Jones could face two more defamation trials over school shooting lies
By Dietrich Knauth Right-wing conspiracy theorist Alex Jones could face two more defamation trials in 2023, under an
2023-06-15 05:24
Porsche confirms forecast on 10.7% higher operating profit in H1
BERLIN (Reuters) -Porsche AG on Wednesday reported a rise in operating profit of 10.7% to 3.85 billion euros ($4.25 billion)
2023-07-26 14:22
Chaos as Optus outage disconnects half of Australia
By Byron Kaye SYDNEY For one talkback radio caller, the first sign something was wrong with Australia's second-largest
2023-11-08 12:29
German economic growth to remain muted in near term - IMF
BERLIN The German economy has shown resilience over the last year thanks to a strong policy response and
2023-05-16 19:28
Portugal's inflation slows down sharply to 4% in May
LISBON Portuguese consumer prices rose 4.0% year-on-year in May in a significant slowdown from a 5.7% increase the
2023-05-31 18:54
US Chamber of Commerce sues securities regulator over new share buyback rule
By Chris Prentice NEW YORK A powerful U.S. business lobby group said it sued the Securities and Exchange
2023-05-12 23:24
Fed's Powell notes inflation is easing but says further progress is needed
Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said
2023-12-02 00:19
Futures inch higher on debt ceiling deal optimism; Cisco falls
U.S. stock index futures inched higher on Thursday amid optimism over a potential deal to avoid a catastrophic
2023-05-18 18:25
Google bans Andrew Tate's 'The Real World' app over 'pyramid scheme' allegations: 'They’re scamming vulnerable kids'
Apple under fire for not taking action against Andrew Tate's 'The Real World' app
2023-09-13 22:17
XPeng’s $31 Billion Gap Shows Hazy China EV Outlook
The biggest debate for sell-side analysts covering Chinese equities these days centers around a $31 billion question: what
2023-09-18 11:26
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