by Reuters | Jul 6, 2023 | Business, Economy, Technology, Top News, US
By Aditya Soni (Reuters) -Meta’s Threads racked up more than 30 million sign-ups within about 18 hours of its launch, emerging as the first real threat to Elon Musk-owned Twitter, as it took advantage of its access to billions of Instagram users and a similar...
by Reuters | Jul 6, 2023 | Business, Economy, US
By Howard Schneider WASHINGTON (Reuters) – New data from the New York Federal Reserve shows underlying inflation may have slowed faster than the headline measures that have kept U.S. central bank officials poised for further interest rate increases. In a...
by Reuters | Jul 6, 2023 | Asia, Business, Economy, Technology
By Joyce Lee SEOUL (Reuters) -Samsung Electronics’ June-quarter profit is expected to plunge 96% on-year to the lowest for any quarter in more than 14 years, as a chip glut continues to drive large losses in the tech giant’s cash cow business despite a...
by Reuters | Jul 5, 2023 | Business, Economy, Middle East, Technology, Top News
By Krystal Hu (Reuters) -ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm Similarweb. Worldwide desktop and mobile traffic to the...
by Reuters | Jul 5, 2023 | Asia, Business, Economy, Europe, US
By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – A financial stream that helped fund the world’s riskiest companies and grew into a market estimated at $1.5 trillion in the low interest rate years is drying up, as aggressive rate hikes bring tougher...
by Reuters | Jul 5, 2023 | Asia, Business, Economy, Entertainment and Lifestyle, Europe, Politics, Technology, US
By Foo Yun Chee BRUSSELS (Reuters) -Seven companies including Amazon, Apple, Google, Facebook-owner Meta and Microsoft say they meet the EU’s new criteria of “gatekeeper” that means they have to meet tougher rules, EU industry chief Thierry Breton...
