TikTok launches text-only posts to rival Elon Musk’s Twitter
(Reuters) – Chinese short-video app TikTok is allowing users to create text-only posts, in the latest attempt by a social…
Month: July 2023
3M raises full-year profit forecast as cost-cut measures pay off
By Kannaki Deka (Reuters) -U.S. industrial conglomerate 3M Co on Tuesday raised its full-year profit forecast and reported better-than-expected quarterly…
Amazon lowers iRobot deal price by 15% after Roomba maker incurs fresh debt
(Reuters) -Amazon.com has slashed the price it will pay for iRobot by about 15% to around $1.42 billion after the…
Dow leads Wall Street higher as investors eye beyond tech
By Carolina Mandl and Bansari Mayur Kamdar (Reuters) – The Dow Jones Industrial Average led Wall Street higher on Monday…
Google owes $338.7 million in Chromecast patent case, US jury says
By Blake Brittain (Reuters) -Alphabet’s Google violated a software developer’s patent rights with its remote-streaming technology and must pay $338.7…
Elon Musk says Twitter’s blue bird logo to be replaced by an X
By Mrinmay Dey and Michelle Conlin (Reuters) -Twitter Inc owner Elon Musk on Sunday signaled he would do more to…
Market Giants Exercise Caution with Morgan Stanley, Options Activity Shows
Options trading data for Morgan Stanley (NYSE:MS) suggests a sizable investor has adopted a bearish perspective on the financial…
US IRS ends policy of unannounced revenue officer visits to taxpayers
By Kanishka Singh WASHINGTON (Reuters) – The U.S. Internal Revenue Service (IRS) said on Monday it was ending its policy…
2M Cybertrucks Pre-ordered
Tesla Inc.’s highly-anticipated vehicle, the Cybertruck, has been creating quite a stir as its introduction to the market…
Blinken says Ukraine has taken back 50% of territory that Russia seized
By Kanishka Singh and Raphael Satter WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken said that while Ukraine has recaptured…