Feb 6 (Reuters) – Pinterest Inc (PINS.N) shares fell about 10% in aftermarket trade on Monday after the company missed quarterly revenue estimates as user growth slowed on the image-sharing platform and businesses cut advertising spending in a turbulent economy. Advertisers have slashed their marketing budgets over the past few months as high inflation and… Continue reading Pinterest misses quarterly revenue estimates on lower ad spends, article with image
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‘Call of Duty’ steers Activision sales in tough quarter for game makers, article with image
Feb 6 (Reuters) – Videogame publisher Activision Blizzard (ATVI.O) beat Wall Street estimates for fourth-quarter adjusted sales on Monday, thanks to the success of the latest game in its “Call of Duty” franchise. A string of launches in October and November, including “Call of Duty: Modern Warfare II”, “Warzone 2.0” and “World of Warcraft: Dragonflight”… Continue reading ‘Call of Duty’ steers Activision sales in tough quarter for game makers, article with image
Google opens Bard chatbot to test users, plans more AI for search, article with image
Feb 6 (Reuters) – Google parent Alphabet Inc (GOOGL.O) is planning to launch a chatbot service and more artificial intelligence for its search engine as well as developers, making a riposte to Microsoft Corp (MSFT.O) in a rivalry to lead a new wave of technology. In a blog post on Monday, Alphabet Chief Executive Sundar… Continue reading Google opens Bard chatbot to test users, plans more AI for search, article with image
Dell to slash over 6,000 jobs amid ‘uncertain market future’, article with video
Feb 6 (Reuters) – Dell Technologies Inc (DELL.N) is cutting about 6,650 jobs, or 5% of its global workforce, as it struggles with a slump in the personal computer market and braces for a potential recession. The move on Monday aligns Dell with a raft of U.S. companies from Goldman Sachs Group Inc (GS.N) to… Continue reading Dell to slash over 6,000 jobs amid ‘uncertain market future’, article with video
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AI startup Cohere in talks to raise funding at $6 bln plus valuation -sources
SummaryCompaniesCohere plans to introduce new dialogue model next -CEOTalking to marketing, consulting, tech firms on generative AI Feb 6 (Reuters) – Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, is in talks to raise hundreds of millions of dollars in a funding round that could value the startup at more than $6… Continue reading AI startup Cohere in talks to raise funding at $6 bln plus valuation -sources
Technology Category
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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Feb 6 (Reuters) – Shares of Faraday Future Intelligent Electric Inc (FFIE.O) soared about 28% in premarket trading on Monday after the company said it had raised enough funds to start production of its electric luxury car FF 91 Futurist in March. Delivery of the sports utility vehicle, originally slated to start in late 2022,… Continue reading Untitled
FTX judge weighs demand for independent bankruptcy investigation, article with image
Feb 6 (Reuters) – A U.S. bankruptcy judge at a court hearing in Delaware will consider on Monday whether to greenlight a court-supervised investigation into the collapse of FTX, a course of action that the crypto exchange has opposed as redundant and wasteful. The U.S. Department of Justice’s bankruptcy watchdog has urged U.S. Bankruptcy Judge… Continue reading FTX judge weighs demand for independent bankruptcy investigation, article with image
Gallery
LONDON, Feb 6 (Reuters) – Nissan (7201.T) and Renault (RENA.PA) on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15% in Renault’s electric vehicles unit Ampere. The two companies gave details of new joint projects in Latin America, India and Europe. LATIN AMERICA… Continue reading Gallery