Groq Shareholders Get a $7.6 Billion Payout
It’s been more than a month since Nvidia entered an agreement, made public on Christmas Eve, to license the technology of chip startup Groq and hire its top executives including CEO Jonathan Ross. N...
Airbnb Reports Slightly Stronger Revenue Growth But Higher Expenses
Airbnb’s revenue growth accelerated to 12% in the fourth quarter, while free cash flow rose 13.7% to $521 million. Shares of the accommodation-rental platform rose 5.7% in after-hours trading. The c...
Bank of Canada Deputy Governor Says Economy Needs Small Business AI
Broader adoption of artificial intelligence by small and medium-sized businesses (SMBs) could boost Canada’s productivity, Bank of Canada Senior Deputy Governor Carolyn Rogers said Thursday (Feb. 12...
Pinterest Shares Fall As It Projects Growth Slowdown
Pinterest shares plummeted almost 20% after the company reported its slowest quarterly revenue growth in two years and said it could see a further deceleration in the current quarter. CEO Bill Ready s...
FTC Warns Apple Not to Suppress Conservative Outlets on News App
The Federal Trade Commission sent a letter to Apple on Wednesday warning the company to not suppress conservative news outlets on its Apple News app, the company’s news aggregation app that comes pr...
