By Sheila Dang (Reuters) -Mere hours after Elon Musk kicked off a new era at Twitter Inc, the billionaire owner was deluged with pleas and demands from banned account holders and world leaders. The flood of requests underscore the challenge the CEO of electric car maker Tesla Inc faces, balancing a promise to restore free speech …
As Elon Musk takes over Twitter, free speech limits tested Read More »
(Reuters) – Meta Platforms Inc Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission (FTC) that argues the company’s proposed deal to buy virtual reality (VR) content maker Within Unlimited should be blocked. In a court document filed with U.S. District Court Northern District Of California on Friday, the …
Zuckerberg to testify in U.S. case against Facebook’s virtual reality deal Read More »
(Reuters) – Amazon.com Inc’s shares fell about 8% on Friday after forecasting holiday-quarter sales below Wall Street estimates, while its Big Tech peers recovered from a bruising selloff this week. The online retailer, whose market cap briefly fell below $1 trillion, was last down 8.4% at $101.66, after hitting its lowest since April 2020. Apple …
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp on Friday smashed expectations as soaring energy prices fueled a record-breaking quarterly profit, nearly matching that of tech giant Apple. Its $19.66 billion third-quarter net profit far exceeded recently raised Wall Street forecasts as skyrocketing natural gas and high oil prices put its earnings within reach …
Exxon’s record-smashing Q3 profit nearly matches Apple’s Read More »
(Reuters) -Meta Platforms Inc said on Friday it has fixed the issue that was preventing users from accessing its social media platforms. “Earlier today, a configuration change caused some people to have trouble accessing our products,” a Meta spokesperson said. More than 11,000 users across Instagram, Facebook and Messenger had reported issues with accessing the …
Meta’s social media apps back up after brief outage Read More »
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators on Friday renewed interim measures ordering U.S. life sciences company Illumina to keep Grail as a separate entity pending an order to unwind the takeover completed before the deal had been approved. The interim order, which was due to expire at the end of the …
EU renews order for Illumina to keep Grail as separate entity Read More »
BERLIN (Reuters) -Aurubis, Europe’s biggest copper smelter, said on Friday it had been targeted as part of a wider cyberattack on the metals and mining industry which had forced it to shut down its IT systems and disconnect them from the internet. Germany’s BSI cybersecurity agency warned earlier this week that cyber risks were the …
Aurubis says it was hit in wider cyberattack on metals industry Read More »
(Reuters) – Meta Platforms Inc’s independent oversight board said on Friday it would “welcome the opportunity” to discuss Twitter’s plans on content moderation in more detail with the company. “Independent oversight of content moderation has a vital role to play in building trust in platforms and ensuring users are treated fairly,” the oversight board said …
Meta’s oversight board open to discussing content moderation with Twitter Read More »
(Reuters) – As the dust settles on Elon Musk’s $44 billion buyout of Twitter, analysts and investors are debating one crucial question – has the billionaire entrepreneur behind Tesla and SpaceX bitten off more than he can chew? Musk, who also runs brain-chip startup Neuralink and tunneling firm the Boring company, is expected to become …
Wall Street asks if Musk can manage Twitter, Tesla and more Read More »
By Sabrina Valle and Ron Bousso (Reuters) – Global energy giants including Exxon Mobil Corp and Chevron Corp posted another round of huge quarterly profits, benefiting from surging natural gas and fuel prices that have boosted inflation around the world and led to fresh calls to further tax the sector. Four of the five largest …
Oil giants’ massive profits revive calls for windfall taxes Read More »
