Adobe shares fall as downbeat forecast fans worries about competition, AI efforts
(Reuters) -Adobe shares fell 12% on Friday as a lackluster quarterly forecast reinforced concerns about rising competition for the company’s…
Tag: Updated
SpaceX Starship disintegrates after completing most of third test flight
By Joe Skipper, Steve Gorman and Joey Roulette BOCA CHICA, Texas (Reuters) -SpaceX’s Starship rocket, designed to eventually send astronauts…
Microsoft singles out Google’s competitive edge in generative AI
(This March 14 story has been corrected to say 15 million euros and not 15 billion euros, in paragraph 11)…
Judge denies Trump motion to dismiss classified-documents case
By Andrew Goudsward and Andy Sullivan FORT PIERCE, Florida (Reuters) – A federal judge on Thursday denied former U.S. President…
US pharmacy outage triggered by ‘Blackcat’ ransomware at UnitedHealth unit, sources say
By Raphael Satter and Christopher Bing WASHINGTON (Reuters) – Hackers working for the ‘Blackcat’ ransomware gang are behind the outage…
Intel signs Microsoft as foundry customer, says on track to overtake TSMC
By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use its services to…
Morgan Stanley forced Frasers off books with $1 billion margin call, court told
By Kirstin Ridley LONDON (Reuters) -Morgan Stanley used an “unrealistic” and “inappropriate” near $1.0 billion margin call to force trades…
Reddit plans to reserve shares for its big users in IPO, WSJ reports
(Reuters) -Social media platform Reddit plans to sell a chunk of its IPO shares to its platform’s users, the Wall…
Wall St ends sharply lower as hot inflation sparks sell-off
By Johann M Cherian, Ankika Biswas and Carolina Mandl (Reuters) -Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected…
Storm dumps more than a foot of snow on parts of US Northeast
By Brendan O’Brien and Rich McKay (Reuters) – A powerful, fast-moving winter storm dumped more than a foot of snow…