Daily active users for the social-media company rose 37% to 82.7 million, ahead of the 77 million that analysts were expecting. The company posted higher revenue and a wider loss for the first quarter, hit by IPO-related costs.
Reddit posted higher revenue and a wider loss for the first quarter, as IPO-related costs weighed heavily on the social-media company.
Internet platforms may have to restrict access to “Glory to Hong Kong,“ a protest song that became popular during the 2019 antigovernment protests in the city.
Meta Platforms is expanding a suite of generative artificial-intelligence tools for use by its advertisers, the company’s latest move to integrate AI into its consumer products.
The e-commerce platform expects sales growth to slow in the current quarter. Revenue rose 23% in the first quarter.
Daily active users rose 37% to 82.7 million, ahead of the 77 million analysts were expecting. The company, whose shares were up 10% premarket, also posted higher revenue for the first quarter.
The San Francisco lender is focused on expanding its relatively small investment bank.
Essence taps advertising executive Kirk McDonald to lead Sundial Media Group, a holding firm tasked with making more deals.
Investment firm Lone Pine Capital resumed backing private companies, more than two years after shifting its focus to publicly traded businesses.
Kim Ki Nam’s career spanned six different decades and included collaboration with all three of North Korea’s leaders.
Data startup Atlan raised a $105 million funding round valuing the company at $750 million, demonstrating investor appetite to back technology that helps companies prepare their data for artificial intelligence adoption.
The ride-hailing company’s bottom line, which had at last turned positive last year, was hit by investments and legal settlements.
The ride-hailing company projected continued growth for the rest of the year. Its outlook for the current quarter for gross bookings and adjusted earnings also topped forecasts. The stock was up more than 5% premarket.
For food-company directors, part of the gig is sampling—a lot—of America’s sandwiches, doughnuts and pretzel bites.
Tesla’s decision to step back from EV charging opens up space for competitors. It isn’t clear that they can fill the gap.
Officials plan for potential disruptions inside and outside the convention venue, while party organizers say fundraising has been strong.
The law says neglect or misconduct by a ship’s officer or crew that leads to death is punishable by up to 10 years in prison.
South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade guidelines.
Bank of Japan Gov. Kazuo Ueda said he is open to the idea of early interest-rate increases if inflation rises at a faster pace than the bank’s projections.
A Ryder analysis shows operating expenses of low-emissions rigs are far higher than those for diesel trucks.
Rapidly spreading misinformation is likely to do more damage than AI-powered attacks, U.S. cyber experts say.
The company has been on a global spending spree, trying to build infrastructure and goodwill for artificial intelligence.
Obesity researchers and companies turn toward helping people maintain losses.
State officials focus on illegal immigration despite seeing few newcomers. The governor deployed National Guard troops to the Texas border.