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Adobe to launch mobile app for AI image generation tool as OpenAI steps up rivalry

Adobe’s new artificial intelligence image models, Firefly Image Model 4 and Firefly Image Model 4 Ultra, can generate hyper-realistic pictures in response to user prompts. Adobe LONDON — Adobe plans to launch a mobile version of its artificial intelligence image generation tool Firefly, stepping up a challenge to OpenAI as the Microsoft-backed startup advances its […]

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British fintech Revolut tops billion in profit as revenue jumps 72%

British fintech Revolut tops $1 billion in profit as revenue jumps 72%

Finance News

Revolut CEO Nikolay Storonsky at the Web Summit in Lisbon, Portugal, Nov. 7, 2019. Pedro Nunes | Reuters LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time, a major milestone for the company on the road to an eventual initial public offering. Revolut, which

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SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom

Finance News

Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images South Korea’s SK Hynix on Thursday topped quarterly revenue and operating profit estimates, with demand for its high bandwidth memory offerings used in generative AI chipsets remaining robust. Here are SK Hynix’s first-quarter results versus

SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom Read More »

Trump meme coin surges 50% after top holders offered dinner with the president

Finance News

A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images The $TRUMP meme coin jumped more than 50% on Wednesday after the

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IBM beats on earnings and revenue, maintains full-year guidance

Finance News

IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. Here’s how the company performed: Earnings per share: $1.60 adjusted vs. $1.40 expected Revenue: $14.54 billion vs.

IBM beats on earnings and revenue, maintains full-year guidance Read More »

Discord names new CEO ahead of potential IPO as co-founder steps down

Finance News

Headphones are seen in front of displayed Discord app logo in this illustration taken March 29, 2021. Dado Ruvic | Reuters Discord co-founder and CEO Jason Citron is stepping down from the gaming-focused social messaging service, the startup said Wednesday. Citron will be replaced by former Activision Blizzard Vice Chairman Humam Sakhnini, who will assume

Discord names new CEO ahead of potential IPO as co-founder steps down Read More »

Meta makes ads on Threads available to all eligible advertisers

Finance News

This photo illustration created in Washington, DC, on July 6, 2023, shows the logo for Threads, an Instagram app, reflected in its opening page. Stefani Reynolds | AFP | Getty Images Meta has opened up its Threads microblogging service to all advertisers. The social networking giant said Wednesday in a blog post that all “eligible

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Tesla stock pops after Trump comments on China tariffs and Powell, despite weak earnings

Finance News

US President Donald Trump and Tesla CEO Elon Musk, alongside Musk’s son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Tesla shares popped 6% after CEO

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5 quotes: Elon Musk on robotaxi timeline, Optimus robots, tariffs, energy and Tesla’s future

Finance News

Elon Musk steps off Air Force One upon arrival at Morristown Municipal Airport in Morristown, New Jersey, on March 22, 2025. US President Donald Trump will be spending the weekend at Trump National Golf Club in Bedminster, New Jersey. Brendan Smialowski | Afp | Getty Images Elon Musk tried to rally Tesla bulls Tuesday, brushing

5 quotes: Elon Musk on robotaxi timeline, Optimus robots, tariffs, energy and Tesla’s future Read More »

Tesla’s Optimus humanoid robots hit by China’s rare earth restrictions, says Musk

Finance News

A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Tesla CEO Elon Musk says China’s new trade restrictions on

Tesla’s Optimus humanoid robots hit by China’s rare earth restrictions, says Musk Read More »

Adobe to launch mobile app for AI image generation tool as OpenAI steps up rivalry

British fintech Revolut tops $1 billion in profit as revenue jumps 72%

SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom

Trump meme coin surges 50% after top holders offered dinner with the president

IBM beats on earnings and revenue, maintains full-year guidance

Tesla stock pops after Trump comments on China tariffs and Powell, despite weak earnings

5 quotes: Elon Musk on robotaxi timeline, Optimus robots, tariffs, energy and Tesla’s future

Tesla’s Optimus humanoid robots hit by China’s rare earth restrictions, says Musk

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