May 12 (Reuters) – Two senior Twitter (TWTR.N) leaders who oversee the consumer and revenue divisions will depart the social media company, Chief Executive Officer Parag Agrawal told employees in a memo on Thursday, in one of the biggest shake-ups at the company since billionaire Elon Musk announced he would buy it for $44 billion. […]
A Google employee speaks at the company’s annual I/O developer conference at the Shoreline Amphitheater in Mountain View, California, US, May 11, 2022. Google/Jana Asenbrennerova/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register OAKLAND, Calif., May 11 (Reuters) – Alphabet Inc’s (GOOGL.O) Google on Wednesday unveiled a palette of 10 skin tones […]
A man walks past a logo of Xiaomi, a Chinese manufacturer of consumer electronics, outside a shop in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register NEW DELHI, May 12 (Reuters) – Chinese smartphone giant Xiaomi Corp (1810.HK) faces legal headaches in India as a federal financial […]
May 11 (Reuters) – Twitter Inc (TWTR.N) shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions about whether the world’s richest person will try to renegotiate the deal. On Tuesday, the implied probability of the deal closing […]
May 11 (Reuters) – Alphabet Inc’s (GOOGL.O) Google on Wednesday previewed augmented-reality glasses that display translations of conversations in real time, and it laid out additional plans to bridge the real world and its digital universe of search, Maps and other services using artificial intelligence. Google also teased a tablet to be launched in 2023 […]
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 11, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US consumer prices slow in April; inflation still high Coinbase falls on Q1 revenue slump, net loss Indexes: Dow down 0.1%, S&P down 0.6%, […]
BRUSSELS, May 11 (Reuters) – Alphabet (GOOGL.O) unit Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others to sign up too, the company told Reuters. The move to be announced publicly […]
May 10 (Reuters) – Billionaire Elon Musk said on Tuesday he would reverse Twitter’s ban on former US President Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc […]
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 9, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register All eyes on US CPI data on Wednesday Peloton falls as CEO says business “thinly capitalized” NEW YORK, May 10 (Reuters) – The […]
May 10 (Reuters) – The stock market took the view for the first time on Tuesday that it was unlikely that Elon Musk will acquire Twitter Inc (TWTR.N) for $44 billion, as he originally agreed. The implied probability of the deal closing at that price fell below 50% when Twitter shares hit $46.75, based on […]