Tag: Internet

Amazon cloud boss Matt Garman inherits business under pressure to keep pace in AI

Attendees walk through an expo hall during Amazon Web Services' Reinvent conference at the Venetian in Las Vegas…

Reddit shares close near record after two-day rally driven by meme stocks

Traders work as Reddit's logo is displayed, at the New York Stock Exchange (NYSE) in New York City,…

Google rolls out its most powerful AI models as competition from OpenAI heats up

The logo of the Google I/O developer conference can be seen at the venue in Mountain View, Calif.…

Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming

Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and…

Google employees question execs over 'decline in morale' after blowout earnings

Google's business is growing at its fastest rate in two years, and a blowout earnings report in April…

Roblox shares drop 22% as company cuts annual bookings forecast on muted player spending

Rafael Henrique | Lightrocket | Getty ImagesRoblox cut its annual bookings forecast on Thursday, in a sign that…

Neuralink's first in-human brain implant has experienced a problem, company says

Jonathan Raa | Nurphoto | Getty ImagesElon Musk's startup Neuralink on Wednesday said part of its brain implant…

Airbnb beats earnings expectations for first quarter but offers weaker-than-expected guidance

In this photo illustration, the Airbnb logo is displayed on a computer monitor and cell phone on February…

TikTok sued the U.S. government to block a ban. Here’s what happens now

TikTok Chief Executive Shou Zi Chew testifies before a House Energy and Commerce Committee hearing entitled "TikTok: How…

Shopify shares plunge 18% on weak guidance

The corporate logo of e-commerce company Shopify hangs at the building that contains the offices of Shopify Commerce…

Uber reports first-quarter results that beat expectations for revenue, but posts net loss

Dara Khosrowshahi, CEO of Uber, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in…

Reddit shares soar almost 20% after company reports revenue pop in debut earnings report

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE)…