Meta sells Giphy to Shutterstock to comply with UK regulator order
(Reuters) -Shutterstock Inc said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc for $53 million
2023-05-24 06:19
The debt ceiling is an awkward place to talk about spending
The debt ceiling snafu, which has the potential to wreck the US economy, is a civics lesson in the bizarrely inefficient way the American government spends your money.
2023-05-24 05:26
Speeding up US power grid connection 'top priority', FERC chairman says
By Valerie Volcovici The U.S. Federal Energy Regulatory Commission aims to finalize its plan to speed up the
2023-05-24 02:21
Meta sells Giphy at a significant loss after UK breakup order
Stock-photo website Shutterstock on Tuesday said it will acquire Giphy and its online repository of animated images for $53 million, after UK antitrust regulators forced Meta to spin off the company last year.
2023-05-23 23:23
Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
2023-05-23 19:23
Ocado Could Exit FTSE 100 Index in Fresh Blow to UK’s Tech Hopes
Ocado Group Plc, an online grocer and maker of automated warehouses, is in danger of being booted out
2023-05-23 19:16
Yelp Soars Most Since August on Report of Activist Call for Sale
Yelp Inc. shares are on track to rise the most since August following a Wall Street Journal report
2023-05-23 17:22
Quanta Computer to invest $1 billion in northern Mexico
(Corrects Reuters instrument code for Foxconn in the 8th paragraph) MEXICO CITY (Reuters) -Taiwan-based electronics manufacturer Quanta Computer will invest
2023-05-23 14:29
Judge throws out shareholder lawsuit against Elon Musk over Twitter buyout
By Jonathan Stempel A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter
2023-05-23 11:17
Amazon Covid Changes and CEO's Anti-Union Comments Broke Law, Labor Board Alleges
Amazon.com Inc. repeatedly violated federal labor law by unilaterally changing policies and terminating union supporters at its sole
2023-05-23 08:22
TikTok Sues Montana to Block First Statewide Ban of App
TikTok Inc. sued Montana over the first statewide ban of the popular app, saying the state has trampled
2023-05-23 05:16
Zoom Raises Annual Sales Forecast in Sign Pandemic-Era Customers Here to Stay
Zoom Video Communications Inc. raised its full-year sales forecast in a positive sign for the software maker’s effort
2023-05-23 04:46