Business News

Biden interview produces big bump in numbers… for ABC
2024-08-02 17:54:42
Biden interview produces big bump in numbers… for ABC
R.I.P. Jon Landau, Titanic and Avatar producer
2024-08-02 17:40:48
R.I.P. Jon Landau, Titanic and Avatar producer
Nvidia faces two DOJ antitrust probes over market dominance
2024-08-02 14:17:36
Nvidia’s AI-focused business dealings are under scrutiny.
The Bitcoin community goes MAGA
2024-08-02 14:17:34
At the Bitcoin Conference, Donald Trump chases crypto money and crypto votes.
Humble Games layoffs leave indie studios in a state of uncertainty
2024-08-02 14:17:30
Many developer worries are focused around console ports.
Get set for explosion of new social media channels as influencers lose faith in established platforms
2024-08-02 13:41:23
Content creators are moving beyond mainstream social media channels in favor of emerging platforms, according to a new study by the University of Sussex.
Charging toward a sustainable lithium future
2024-08-02 13:23:07
More than almost any other substance on Earth, lithium (Li) is valued as a 21st century treasure. But Australia's race to unlock its lithium is challenged by political and economic headwinds both global and domestic.
Pennsylvania policymakers underestimate public support for solar projects, survey says
2024-08-02 12:33:35
Local elected officials surveyed in Pennsylvania underestimate their constituents' support for solar and other clean energy projects, according to a paper, "Public and Local Policymaker Preferences for Large-Scale Energy Project Characteristics," which was published August 1 in Nature Energy.
Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze
2024-08-02 08:40:52
Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intelligence craze with an arsenal of new technology that's expected to juice demand for its next iPhone.
AI and cloud in spotlight as big tech earnings roll out
2024-08-02 08:40:52
US tech giants saw their shares fluctuate this week as investors tried to gauge whether artificial intelligence will fill coffers or drain them.
Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals
2024-08-02 08:40:51
Chipmaker Intel says it is cutting 15% of its huge workforce—about 15,000 jobs—as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.
Snapchat gains users but continues to lose money
2024-08-02 08:14:07
Snap shares plunged more than 16 percent on Thursday when a disappointing financial outlook eclipsed a rise in users of the image-centric social network Snapchat.
Amazon reports boost in quarterly profits but misses revenue estimates
2024-08-02 08:14:06
Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading.
DoorDash sees record orders and revenue in second quarter even as US restaurant traffic slows
2024-08-02 08:14:06
DoorDash said Thursday that it set records for orders and revenue in the second quarter, growth that came despite slowing U.S. restaurant traffic.
Delta CEO calls Microsoft 'fragile' and lauds Apple
2024-08-02 05:03:32
Delta's CEO has decried Microsoft as a particularly vulnerable platform while implying Apple is much more sound.
Apple's Q3 results beat Wall Street expectations
2024-08-02 05:03:20
Apple's third-quarter financial results have improved considerably compared to 2023, with sales figures across every aspect of the company beating Wall Street expectations.
Judge overturns $4.7 billion verdict in "Sunday Ticket" case against NFL
2024-08-02 05:00:22
The jury ruled the NFL violated antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription service.
Starbucks and Luckin went through same-store sales decline in Q2 · TechNode
2024-08-02 04:04:31
Coffee chain Starbucks China and Luckin both experienced a double-digit decline in same-store sales in the June quarter of 14% and 20.9% respectively,
Uber and China’s BYD partner for 100,000 EVs, autonomous driving · TechNode
2024-08-02 04:04:16
Ride-hailing platform Uber Technologies and Chinese electric vehicle maker BYD announced on Wednesday an agreement for adding 100,000 EVs globally, an
Temu’s Chinese suppliers protest in Guangzhou over penalty policy · TechNode
2024-08-02 04:04:13
Hundreds of Chinese suppliers gathered outside Temu’s Guangzhou office building for a few days at the end of July to protest, as merchants were growing

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