Reddit Inc. shares slumped in late trading after fourth-quarter user growth missed Wall Street’s expectations, a sign the newly public company is struggling to keep up with larger digital advertising peers Meta Platforms Inc. and Google.
AppLovin Corp.’s shares rose after its first-quarter sales forecast surpassed expectations.
Elon Musk’s all-cash bid to buy OpenAI debunks arguments he’s making in court that the artificial intelligence startup’s assets cannot be “transferred away” for “private gain,” lawyers for the maker of ChatGPT and chief executive officer Sam Altman said in a court filing.
Innovation Summit happening February 20-21st in Stockholm, Sweden @ Strawberry Stadium.
TikTok Shop and Black Girl Ventures have joined forces to launch 2025 Soar Together, a 6-week business accelerator program designed to empower Black-owned businesses.
Apple Inc. rolled out a new app for creating event invitations and made changes to its AppleCare+ customer support for iPhones, part of a broader push to generate more subscription revenue.
US President Donald Trump’s tariffs on China and other countries are rocking markets and casting a pall over Chinese firms seeking to go public. US President Donald Trump’s tariffs on China and other countries are rocking markets and casting a pall over Chinese firms seeking to go public.
Charter Communications Inc. lost 177,000 broadband subscribers in the fourth quarter, worse than expected amid a very competitive market for internet access. Charter Communications Inc. lost 177,000 broadband subscribers in the fourth quarter, worse than expected amid a very competitive market for internet access. Bloomberg Technology
STMicroelectronics NV is considering reducing its workforce by as much as about 6% through early retirements and attrition, according to people familiar with the matter, as the Franco-Italian chipmaker confronts a prolonged demand slump in the industrial and auto sectors. STMicroelectronics NV is considering reducing its workforce by as much as about 6% through early retirements and attrition, according to people familiar with the matter, as the Franco-Italian chipmaker confronts a prolonged demand slump in the industrial and auto sectors. Bloomberg Technology
Spanish firm HBX Group International Plc received enough demand from investors for all the shares in its initial public offering within hours after subscriptions opened, indicating appetite for Europe’s biggest listing of the year so far. Spanish firm HBX Group International Plc received enough demand from investors for all the shares in its initial public offering within hours after subscriptions opened, indicating appetite for Europe’s biggest listing of the year so far. Bloomberg Technology