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Reddit shares plunge 15% after company misses on user numbers

Reddit shares plunge 15% after company misses on user numbers

Steve Huffman, co-founder and CEO of Reddit, speaks during WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024.  Frederic J. Brown | Afp | Getty Images Reddit shares fell more than 15% on Wednesday after the company reported weaker-than-expected user numbers in […]

Reddit shares plunge 15% after company misses on user numbers Read More »

India’s Modi to meet with Trump, Musk on Thursday as trade tensions mount

India’s Modi to meet with Trump, Musk on Thursday as trade tensions mount

India’s Prime Minister Narendra Modi speaks prior to a meeting with Brunei Sultan Hassanal Bolkiah at Istana Nurul Iman in Bandar Seri Begawan on September 4, 2024. Dean Kassim | Afp | Getty Images Indian Prime Minister Narendra Modi is headed to Washington, D.C., for meetings with President Donald Trump and members of his administration,

India’s Modi to meet with Trump, Musk on Thursday as trade tensions mount Read More »

Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image

Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image

Sam Altman, CEO of OpenAI, speaks with French President Emmanuel Macron at Station F, during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, France, Feb. 11, 2025. Aurelien Morissard | Via Reuters PARIS — Music was blaring and people were cheering at the Artificial Intelligence Action Summit in Paris on

Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image Read More »

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

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

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 $22 billion U.S. Army headset program Read More »

Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS

Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS

PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn Ridley | Sportsfile | Getty Images Affirm, the online lender founded by Max Levchin, expanded beyond credit and entered the debit market four years ago with a card that let users

Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS Read More »

Sam Altman says Musk aims to ‘slow down a competitor’ with his .4-billion bid for OpenAI

Sam Altman says Musk aims to ‘slow down a competitor’ with his $97.4-billion bid for OpenAI

PARIS — Elon Musk aims to “slow down a competitor” when the investor group he led put forward a $97.4 billion proposal for control of OpenAI, the company’s CEO Sam Altman told CNBC on Tuesday. Asked how seriously he is taking Musk’s bid, which Altman previously declined in a X social media post, the OpenAI chief said: “Not particularly.”

Sam Altman says Musk aims to ‘slow down a competitor’ with his $97.4-billion bid for OpenAI Read More »

Deepseek’s AI model is ‘the best work’ out of China but the hype is ‘exaggerated,’ Google Deepmind CEO says

Deepseek’s AI model is ‘the best work’ out of China but the hype is ‘exaggerated,’ Google Deepmind CEO says

Google DeepMind co-founder and Chief Executive Officer Demis Hassabis gives a conference during the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty Images PARIS — Deepseek’s AI model “is probably the best work” out of China, Demis Hassabis, the CEO of

Deepseek’s AI model is ‘the best work’ out of China but the hype is ‘exaggerated,’ Google Deepmind CEO says Read More »

Doximity shares pop 30% on revenue beat, rosy guidance

Doximity shares pop 30% on revenue beat, rosy guidance

Piotr Swat | Lightrocket | Getty Images Doximity shares ripped more than 30% higher on Friday, a day after the company reported fiscal third-quarter results that beat Wall Street’s expectations for revenue and guidance. Doximity is a digital platform for medical professionals that can help them carry out telehealth appointments with patients, find referrals, stay

Doximity shares pop 30% on revenue beat, rosy guidance Read More »

Pinterest shares rocket 19% on strong revenue and user growth

Pinterest shares rocket 19% on strong revenue and user growth

Sopa Images | Lightrocket | Getty Images Pinterest shares surged 19% after beating Wall Street’s fourth-quarter sales estimates and showing robust user growth from a year ago. The image-sharing company reported revenues of $1.15 billion, ahead of a $1.14 billion estimate from analysts surveyed by LSEG. The figure represented 18% year-over-year growth. Along with the

Pinterest shares rocket 19% on strong revenue and user growth Read More »

NFL goes after Gen Z fans by courting creators on YouTube, Instagram and Snapchat

NFL goes after Gen Z fans by courting creators on YouTube, Instagram and Snapchat

Katie Austin normally publishes fitness content to her Instagram and YouTube channel. But this week, she’s been posting a steady trickle of content from New Orleans. That’s because Austin, 31, from California, is one of hundreds of creators who have swarmed the Big Easy for Super Bowl 59, getting paid large contracts to make social

NFL goes after Gen Z fans by courting creators on YouTube, Instagram and Snapchat Read More »

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