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Infosys confirms that Indian authorities hit the IT giant with a $3.9B tax demand, covering July 2017 to March 2022, the latest company to get such a
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2024-08-01 10:15:10
By: milo
Analysis: Indian startup VC funding has dwindled, depriving India of capital needed to grow its economy, as the valuation of top companies like Byju&a
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2024-08-01 09:59:04
By: milo
Reddit CEO Steve Huffman says Microsoft, Anthropic, and Perplexity need to pay to scrape Reddit's data, and blocking them has been "a real p
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2024-08-01 08:09:14
By: milo
While owning less than 1% of TSMC, the number of retail shareholders hit a new high in 2024, as locals believe TSMC's success helps Taiwan fend o
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2024-08-01 05:40:34
By: milo
Delivery Hero plans to merge two of its European businesses, Foodora and Yemeksepeti, with its Asian business, Foodpanda, and cut fewer than 200 emplo
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2024-08-01 03:39:44
By: milo
On Meta's earnings call, Mark Zuckerberg said Llama 4 will likely need 10x more compute than Llama 3.1 to train, Quest 3 sales exceeded expectat
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2024-08-01 01:12:37
By: milo
Arm reports Q1 revenue up 39% YoY to $939M vs. $905.4M est., license and other revenue up 72%, and maintains its outlook for FY 2025; ARM drops 10%+ a
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2024-07-31 23:59:46
By: milo
The US SEC sues former IRL CEO Abraham Shafi, accusing him of a $170M fraud by misleading investors about the company's growth and concealing per
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2024-07-31 23:54:37
By: milo
Ema, which helps companies set up and deploy no-code AI agents it calls "universal AI employees", raised $36M as part of a Series A led by A
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2024-07-31 22:42:06
By: milo
New York-based Spring Health, which offers a mental health app that matches patients with care providers, raised a $100M Series E at a $3.3B valuation
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2024-07-31 22:15:04
By: milo
Meta Q2: revenue up 22% YoY to $39.07B, net income up 73% to $13.47B, family daily active people up 7% to 3.27B on average for June; META jumps 5%+ af
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2024-07-31 21:56:10
By: milo
Reddit CEO says Microsoft, Anthropic, and Perplexity need to pay to scrape the site's data, and it has been "a real pain in the ass to block
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2024-07-31 21:11:10
By: milo
Etsy plans to begin testing its first loyalty program in September to boost sales; CEO Raina Moskowitz says the monthly fee will be around the price o
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2024-07-31 20:48:50
By: milo
eBay reports Q2 revenue up 1% YoY to $2.57B, vs. $2.53B est., GMV up 1% to $18.4B, net income up 31% to $226M, and forecasts Q3 revenue below estimate
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2024-07-31 20:48:49
By: milo
Meta's Reality Labs posts Q2 revenue up 28% YoY of $353M, vs. $371M est., and operating loss of $4.48B, vs. $4.55B est.; Reality Labs has lost $
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2024-07-31 20:43:34
By: milo
Arm reports Q1 revenue up 39% YoY to $939M vs. $905.4M est., license and other revenue up 72% YoY to $472M, and royalty revenue up 17% YoY to $467M (I
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2024-07-31 20:27:35
By: milo
Qualcomm reports Q3 revenue up 11% YoY to $9.39B, vs. $9.21B est., handset chip sales up 12% YoY to $5.9B, and forecasts Q4 revenue above estimates (I
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2024-07-31 20:21:50
By: milo
Meta reports Q2 revenue up 22% YoY to $39.07B, net income up 73% YoY to $13.47B, and family daily active people up 7% YoY to 3.27B on average for June
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2024-07-31 20:16:42
By: milo
Meta Reports Second Quarter 2024 Results (Meta)
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2024-07-31 20:11:30
By: milo
Tether reports "record" net profit of $5.2B in H1 2024, net operating profit of $1.3B in Q2, and US debt holdings of $97.6B, more than count
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2024-07-31 19:26:35
By: milo
Source: TikTok was paying Microsoft $20M mo. to use OpenAI's models in Azure OpenAI Service as of March, 25% of the total revenue that service
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2024-07-31 17:35:34
By: milo
An investigation finds 450+ illicit drug ads on Facebook and Instagram from March to June 2024, some showing pill piles or cocaine bricks; Meta remove
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2024-07-31 16:50:37
By: milo
Milan-based mobile app developer Bending Spoons acquires Dutch file-sharing service WeTransfer, which backed out of an IPO in 2022, without disclosing
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2024-07-31 16:06:44
By: milo
Etsy plans to launch Etsy Insider, its first loyalty program, in September 2024 to boost sales; CEO Raina Moskowitz says it will cost about the price
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2024-07-31 15:05:54
By: milo
Over 70% of hacked funds are lost to CeFi entities Cyvers - Cointelegraph
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2024-07-31 14:48:31
By: milo
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