Fintech Firm Klarna Halves Net Loss in First Quarter As It Races Toward Profitability
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Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
TikTok's Chinese parent firm says no plans to sell
The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.BBC News - Top stories - Tiktok -
Thoma Bravo to Buy U.K. Cybersecurity Firm Darktrace
Private equity firm Thoma Bravo said it plans to buy Darktrace in a cash deal that values the U.K. cybersecurity company at around $5 billion.The Wall Street Journal - World - United Kingdom -
FCC votes to restore net neutrality rules
The Federal Communications Commission (FCC) voted Thursday to restore Obama-era net neutrality rules. The agency voted 3-2 along partisan lines to revive rules barring broadband providers from blocking or throttling internet traffic to some ...The Hill - Politics -
F.C.C. Votes to Restore Net Neutrality Rules
Commissioners voted along party lines to revive the rules that declare broadband as a utility-like service that could be regulated like phones and water.The New York Times - Tech -
The FCC Restores Net Neutrality. What It Means for the Internet
The federal agency plans to start regulating internet service like a public utility, bringing back rules that ban “fast lanes” for certain websitesThe Wall Street Journal - World -
Net Neutrality Returns to a Very Different Internet
The FCC voted 3-2 to restore net neutrality rules that had disappeared during the Trump administration.Wired - Tech -
The FCC Restores Net Neutrality. What It Means for the Internet
The federal agency plans to start regulating internet service like a public utility, bringing back rules that ban “fast lanes” for certain websitesThe Wall Street Journal - Business -
'Net Neutrality' Faces a Stiff Judicial Test
The revived rule likely violates the major questions doctrine.The Wall Street Journal - World -
Survey finds that 60 firms are responsible for half of world’s plastic pollution
Study confirms Philip Morris International, Danone, Nestlé, PepsiCo and Coca-Cola are worst offenders. Fewer than 60 multinationals are responsible for more than half of the world’s plastic pollution, with five responsible for a quarter of that, ...The Guardian - World -
US TikTok ban would be 'devastating', UK firms warn
UK businesses using TikTok say they could see a significant drop in sales if the app is banned in the US.BBC News - Top stories - United Kingdom -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
German pharmaceutical firm Merck lays cornerstone for research centre
Yahoo News - World - Germany -
A Chinese Firm Is America’s Favorite Drone Maker. Except in Washington.
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.The New York Times - Business -
A Chinese Firm Is America’s Favorite Drone Maker. Except in Washington.
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.The New York Times - Top stories -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
Japan’s small EV battery suppliers feel the heat in race for scale
Tokyo urges alliances to stay competitive but companies wary of giving up controlFinancial Times - World - Japan -
Russia vetos UN resolution to prevent nuclear arms race in space
Moscow described the security council resolution, which would have called on countries not to deploy weapons of mass destruction in outer space, a ‘dirty spectacle’. Russia has vetoed a UN security council resolution calling on all nations to ...The Guardian - World - Russia -
Russia vetoes UN vote on stopping arms race in outer space
Yahoo News - World - Russia -
Russia vetoes UN vote on stopping space arms race
The US has previously warned that Russia is trying to develop a space-based, anti-satellite weapon.BBC News - Top stories - Russia -
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
Yahoo News - World - China -
Wall Street’s Patience for a Costly A.I. Arms Race Is Waning
A sell-off in Meta’s stock after the company disclosed huge investments in the technology may be a sign of investor fears about tech giants’ spending.The New York Times - Business -
The complexities of racing an oval: it's more than just turning left
"Go fast, turn left." The cliche is well known among NASCAR crowds, and Alanis King speaks to the series' best to explain the nuances of stock car's oval racing.ESPN - Sports -
Angels dispute controversial review in loss to O's
Replay review of an initial out call on Jo Adell's attempted steal of second base with two outs in the bottom of the ninth inning was not overturned, resulting in the Angels' 6-5 loss to the Orioles.ESPN - Sports