Amazon appeals $34.6 million fine by French regulator over staff monitoring
(Reuters) – E-commerce giant Amazon.com said on Friday it has appealed French regulator CNIL’s decision...
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Reddit may need to ramp up spending on content moderation, analysts say
By Niket Nishant (Reuters) -Reddit will need to spend heavily on content moderation as it...
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Meta Platforms must face advertisers’ class action, US appeals court says
By Jonathan Stempel (Reuters) -A divided U.S. appeals court said Meta Platforms must face a...
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FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on...
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Micron hits record high as AI demand powers strong forecast
By Medha Singh and Aditya Soni (Reuters) – Memory chipmaker Micron Technology surged to a...
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Intel readies for $100-billion spending spree across four US states
By Stephen Nellis SANTA CLARA, California (Reuters) -Intel is planning a $100-billion spending spree across...
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Super Micro’s shares drop after pricing stock offering at discount
(Reuters) – Super Micro Computer’s shares fell 5% on Wednesday after the AI server maker...
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Reddit guides IPO may price at top of range or above, source says
By Niket Nishant and Anirban Sen (Reuters) – Reddit and its bankers are guiding that...
Nvidia stock climbs as CFO says new chip to ship in 2024
By Max A. Cherney, Stephen Nellis and Medha Singh SAN JOSE, California (Reuters) -Nvidia’s stock...
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Meta expects first shipments of new Nvidia chips later this year
NEW YORK (Reuters) – Facebook owner Meta Platforms expects to receive initial shipments of Nvidia’s...