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Apple launches first major health study in 5 years. Here’s how you can opt in

Apple launches first major health study in 5 years. Here’s how you can opt in

Finance News

Apple CEO Tim Cook delivers remarks before the start of an Apple event at the Apple headquarters in Cupertino, California, on Sept. 9, 2024. Justin Sullivan | Getty Images Apple is deepening its investment in health-care research by launching a new, yearslong project called the Apple Health Study, the company announced Wednesday.  The study will […]

Apple launches first major health study in 5 years. Here’s how you can opt in Read More »

Lyft shares sink 9% on underwhelming fourth-quarter results

Lyft shares sink 9% on underwhelming fourth-quarter results

Finance News

Lyft shares shed more than 9% after the ride-sharing app reported lackluster fourth-quarter results and offered weak bookings guidance as it lowers prices to keep up with competition. The company reported revenues of $1.55 billion, versus the $1.56 billion expected by analysts polled by LSEG. Bookings, which measures the charges posed to customers for rides

Lyft shares sink 9% on underwhelming fourth-quarter results Read More »

Neuralink competitor Paradromics secures investment from Saudi Arabia’s Neom

Neuralink competitor Paradromics secures investment from Saudi Arabia’s Neom

Finance News

Paradromics scientists at work Source: Paradromics Texas-based neurotech startup Paradromics on Wednesday announced a strategic partnership with Saudi Arabia’s Neom and said it will establish a Brain-Computer Interface Center of Excellence in the region. Neom is a developing area within northwest Saudi Arabia that’s touted as “a hub for innovation,” according to its website. The

Neuralink competitor Paradromics secures investment from Saudi Arabia’s Neom Read More »

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

Finance News

Mark Lenhard, CEO of U.K.-based remittances platform Zepz. Lukas Schulze | Sportsfile for Web Summit via Getty Images LONDON — British digital remittances company Zepz is laying off dozens of IT workers and is in the process of closing down business units in Poland and Kenya. Roughly 200 staff members will be impacted by the

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say Read More »

SoftBank posts surprise loss in third quarter as Vision Fund investments go into red; revenue also misses estimates

SoftBank posts surprise loss in third quarter as Vision Fund investments go into red; revenue also misses estimates

Finance News

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025.  Issei Kato | Reuters SoftBank Group posted a surprise quarterly loss Wednesday as its Vision Funds’ investments fell into red. The Japanese company’s revenue also missed analysts’ estimates. Here are Softbank’s results compared with LSEG SmartEstimate, which is weighted

SoftBank posts surprise loss in third quarter as Vision Fund investments go into red; revenue also misses estimates Read More »

Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market

Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market

Finance News

Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — China’s Baidu plans to release the next generation of its artificial intelligence model in the second half of this year, according to a source familiar with the matter, as

Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market Read More »

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

Finance News

Tesla and SpaceX CEO Elon Musk joins U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on Feb. 11, 2025 in Washington, DC. Andrew Harnik | Getty Images Tesla shares dropped 6% on Tuesday after Chinese rival BYD announced plans to develop autonomous vehicle technology with DeepSeek,

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid Read More »

Amazon opens beauty and personal care store in Italy, as part of brick-and-mortar expansion

Amazon opens beauty and personal care store in Italy, as part of brick-and-mortar expansion

Finance News

Amazon is opening a beauty and health products store in Milan, marking the company’s latest brick-and-mortar experiment. The store is located in the city center of Milan, Italy, and features a range of beauty and personal care items, as well as non-prescription drugs, Amazon said in a blog post. The first store, which is called

Amazon opens beauty and personal care store in Italy, as part of brick-and-mortar expansion Read More »

Anduril to take over Microsoft’s U.S. Army -billion headset program

Anduril to take over Microsoft’s U.S. Army $22-billion headset program

Finance News

Palmer Luckey, founder of Oculus and Anduril Industries, speaks during The Wall Street Journal’s WSJ Tech Live conference in Laguna Beach, California on October 16, 2023. Patrick T. Fallon | AFP | Getty Images Anduril Industries, Palmer Luckey’s defense-tech startup, will take over Microsoft‘s multibillion-dollar augmented reality headset program with the U.S. Army, the companies

Anduril to take over Microsoft’s U.S. Army $22-billion headset program Read More »

FIS shares plunge most since 2023 on disappointing revenue, guidance miss

FIS shares plunge most since 2023 on disappointing revenue, guidance miss

Finance News

Lori Moffett | Bloomberg | Getty Images Shares of Fidelity National Information Services plunged the most since 2023 on Tuesday after the company reported quarterly earnings that fell short of Wall Street estimates and issued a disappointing forecast. The stock dropped 12% as of afternoon trading, heading for its biggest drop since March 2023. Here’s

FIS shares plunge most since 2023 on disappointing revenue, guidance miss Read More »

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