Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams
2023-07-27 19:28
Meta rallies as AI-powered ad sales drive 'monster' forecast
By Aditya Soni (Reuters) -Meta shares surged nearly 9% on Thursday as a rosy revenue forecast showed that artificial intelligence
2023-07-27 19:23
Facebook parent Meta forecasts quarterly revenue above estimates
By Katie Paul and Yuvraj Malik (Reuters) -Meta Platforms forecast third-quarter revenue above market expectations on Wednesday, sending shares up
2023-07-27 04:22
UPS deal burnishes US Teamsters leader's image as one 'tough SOB'
By Lisa Baertlein LOS ANGELES The head of the Teamsters union stared down UPS with a potential multibillion-dollar
2023-07-26 18:59
European Stocks Slide as LVMH Earnings Weighs on Luxury Sector
European stocks dropped, snapping their longest winning streak since January, as earnings season rolled on and investors looked
2023-07-26 17:57
Alphabet Shares Gain on Revenue Beat From Google Search
Google parent Alphabet Inc. reported second-quarter revenue that exceeded analysts’ expectations, boosted by advertising on the company’s flagship
2023-07-26 17:22
Temasek, Morgan Stanley Join $300 Million Australian Fund
Main Sequence, the venture capital firm founded by Australia’s national science agency, raised A$450 million ($305 million) from
2023-07-26 15:54
The risks are rising for Western firms in Russia. So why are so many staying put?
When Russia launched its full-scale invasion of Ukraine in February 2022, a slew of Western companies left in protest. But some of the world's biggest firms — including Nestlé, Heineken and snack maker Mondelez — stayed put.
2023-07-26 13:17
Microsoft’s Azure Slowdown Overshadows Optimism About AI Growth
Microsoft Corp. posted tepid quarterly sales growth and forecast a continued slowdown in its Azure cloud-services business, overshadowing
2023-07-26 07:55
Anthropic’s Amodei Warns US Senators of AI-Powered Weapons
A CEO whose company says its artificial intelligence products are tools “that people can rely on” warned senators
2023-07-26 06:57
Storms cause a growing number of flight disruptions
Flight disruptions are climbing as severe weather hits multiple busy Northeast airports.
2023-07-26 05:55
UPS and Teamsters reach a labor deal, potentially avoiding a crippling strike
UPS and the Teamsters have reached a tentative deal on a new contract. That could potentially avoid a strike, which could have started as soon as next week and crippled US supply chains.
2023-07-25 23:50