News

Temu has discontinued its direct-from-China shipping model and now requires China-based merchants to fulfill orders on their own when selling to the U.S. market.  The shift marks the online bargain ...
The U.S. government is steadily tightening the noose on Nvidia’s sales to China. But the AI chip giant isn’t giving up on the ...
U.S. District Court Judge Yvonne Gonzalez Rogers, who is overseeing Elon Musk’s breach of charitable trust lawsuit against OpenAI, dismissed 11 of the 16 claims under consideration for a trial next ...
Instacart said Thursday that revenue rose 9% to $897 million in the first quarter, boosted by higher orders and an acceleration in ad sales. The delivery company said gross transaction value for the ...
Airbnb reported its slowest revenue growth since the start of 2021 as economic uncertainty prompted travelers to pull back on spending in the first quarter, particularly in the U.S., the company said.
What a buzzkill. After Wednesday’s robust results from Meta Platforms and Microsoft, sparking Thursday’s tech stock rally, we ...
Artificial intelligence–assisted coding firms are some of the hottest startups in Silicon Valley right now, drawing attention ...
A lawyer for OpenAI has sent a letter to a group opposing the ChatGPT maker’s conversion to a for-profit structure, asking for a disclosure of its funding sources, according to a copy of the letter ...
Reddit’s stock surged more than 20% in after hours trading, as the company reported 61% increase in revenue to $392.4 million. Still, this was a slowdown in growth from last quarter, where revenue ...
The market value of the stablecoin launched by President Donald Trump’s World Liberty Financial crypto venture rose to $2.1 billion on Thursday from $130 million three days ago after a Middle East ...
Livestream shopping, while popular in Asia on apps like ByteDance-owned Douyin and Alibaba’s Taobao Live, has been hard for most U.S.-focused startups and creators to crack. Shoppers have been slow to ...
Apple reported 5% higher revenue of $95.4 billion for the March quarter, thanks to a 2% lift in iPhone revenues and a 12% increase in services revenue. Apple’s net income rose 5% to $24.78 billion.