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Oil giant Shell beats first-quarter profit estimates, launches $3.5 billion share buyback
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Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
OpenAI president shares first image generated by GPT-4o
The image shared by Greg Brockman from GPT-4o improves significantly over DALL-E 3 on quality, photorealism, and accuracy of text generation.VentureBeat - Tech -
Investing in Space: Boeing inches closer to Starliner launch
Boeing's Starliner spacecraft is finally at the pad and on the eve of carrying astronauts. It's a debut that is imminent, yet feels bizarrely inconsequential.CNBC - Business -
Uber launches service that can help with eldercare
Transportation to medical appointments or medical errands can be arranged by app and paid for with health insuranceMarketWatch - Business -
Yelp for government contracting? Procurated launches Canary
Canary seeks to empower both state governments in evaluating suppliers, and suppliers in evaluating their performance.VentureBeat - Tech -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Sea otters use tools to open hard-shelled prey, saving their teeth, research reveals
The behavior, documented in footage from researcher Chris Law, is most seen in females and sheds light on the threatened species. Floating on its back in the waters of California’s Monterey Bay, a sea otter takes a shelled animal and strikes it ...The Guardian - World -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
Assassin’s Creed Shadows launches on November 15 with dual protagonists
Ubisoft has dropped the first trailer for Assassin's Creed Shadows, set in feudal Japan and starring two protagonists: Yasuke and Naoe.VentureBeat - Tech
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China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Modi's strongman rule raises questions about India's 'democratic decline' as he seeks a third term
India has witnessed signs of democratic backsliding that has become apparent during the Modi era, observers and critics say.CNBC - Business -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business