By Shivani Tanna (Reuters) -TikTok returned to the U.S. app stores of Apple and Google on Thursday as President Donald Trump delayed a ban on the Chinese-owned social media app and assured the tech giants they would not be fined for distributing or maintaining it. The popular short video app used by nearly half of …
TikTok returns on Apple, Google US app stores as Trump delays ban Read More »
(Reuters) -Airbnb co-founder Joe Gebbia is joining the Department of Government Efficiency along with Elon Musk, the New York Times said on Thursday, citing a person with knowledge of the matter. Gebbia, a Tesla board member and close friend of Musk, plans to start shortly, the paper added, but did not say what role he …
Airbnb co-founder Joe Gebbia to join Musk’s DOGE, NYT says Read More »
(Reuters) -Air Canada forecast its 2025 core profit above analysts’ estimates on Thursday, as the country’s largest carrier relies on consistent international travel demand and a rebound in business bookings. The airline expects its 2025 adjusted earnings before interest, taxes, depreciation and amortization in the range of C$3.4 billion ($2.39 billion) to C$3.8 billion, compared …
Air Canada sees 2025 core profit above estimates on international travel demand Read More »
By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway said on Thursday night it sold 203,091 shares of DaVita, reducing its holdings in the kidney dialysis services provider to about 35.89 million shares, a 45% stake worth nearly $6.4 billion. In a regulatory filing, Berkshire said the February 11 sale was required pursuant to a share …
Berkshire sells some DaVita shares, cuts stake to 45% Read More »
By Priyanka G (Reuters) -Roku forecast annual revenue above Wall Street estimates and topped fourth-quarter revenue expectations on Thursday, signaling strong advertising sales as more customers switch to streaming platforms, sending its shares up 14% in extended trading. The surge in political ad spending and the launch of streaming channels like Peacock, Disney+ and HBO …
Roku forecasts annual revenue above estimates on strong ad sales; shares jump Read More »
By Allison Lampert (Reuters) – Air Lease Corp’s CEO said on Thursday he expected lease rates and aircraft valuations to rise on a shortfall of commercial planes, after the company reported lower quarterly revenue primarily due to a decline in end-of-lease revenue. Aircraft lessors are benefiting from high rental revenue as airlines look for aircraft …
Air Lease expects aircraft shortfall to push up rental rates Read More »
WASHINGTON (Reuters) – U.S. Health and Human Secretary Robert F. Kennedy Jr. told Fox News on Thursday McDonald’s ought to be incentivized to use beef tallow when making its Big Mac burgers. (Reporting by Jasper Ward; Editing by Sandra Maler)
By Abhirup Roy and Akash Sriram (Reuters) – A crash involving a Tesla Cybertruck in self-driving mode this week has sparked worries about the reliability of the company’s software that powers the feature, days after CEO Elon Musk said he would roll out a paid robotaxi service this year. The pickup, the latest model in …
Cybertruck crash raises alarm bells about Tesla’s self-driving software Read More »
(Reuters) – Palo Alto Networks raised its full-year revenue forecast on Thursday, on expectations of a surge in demand for the company’s cybersecurity solutions to tackle rising online threats. Enterprise clients continue to invest in AI-powered cybersecurity products as they fear that rising digital scams and high-profile security incidents could impact their business operations and …
Palo Alto raises annual revenue forecast on steady cybersecurity demand Read More »
By Jaiveer Shekhawat and Niket Nishant (Reuters) -Crypto exchange Coinbase beat estimates for fourth-quarter profit on Thursday, driven by higher trading volumes in bitcoin and other digital tokens following the U.S. election. Unprecedented interest in crypto, fueled by Donald Trump’s victory in the November presidential election, pushed bitcoin beyond $100,000 in the quarter as investors …
Coinbase fourth-quarter profit beats estimates on crypto trading boost Read More »
