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Breaking News: Technology

Meta Threads engagement has dropped off: Sensor Tower, SimilarWeb

by Edgar Davis
Meta Threads engagement has dropped off: Sensor Tower, SimilarWeb

Emin Sansar | Anadolu Agency | Getty Images What comes up must come down — at least in the case of user engagement on Threads, Meta‘s new Twitter competitor. Last …

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Tesla’s push into humanoid robots set to benefit these stocks: HSBC

by Walter Watson
Tesla’s push into humanoid robots set to benefit these stocks: HSBC

HSBC identified key stocks in the supply chain that may benefit from Tesla’s push into humanoid robots. Tesla launched its human-shaped robot, called “Tesla Bot,” last September. The company claims …

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ChatGPT owner OpenAI is being investigated by FTC

by Edgar Davis
ChatGPT owner OpenAI is being investigated by FTC

OpenAI CEO Sam Altman. Win Mcnamee | Getty Images News | Getty Images The Federal Trade Commission is investigating ChatGPT-maker OpenAI to understand if the company has violated consumer protection …

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Why investors may want to limit international market exposure

by Walter Watson
Why investors may want to limit international market exposure

Investors may want to reduce international exposure right now and stick with the home court. According to Main Management CEO Kim Arthur, global markets will meaningfully struggle due to the …

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Elon Musk says Twitter cash flow remains negative with ‘heavy debt’

by Vera Ward
Elon Musk says Twitter cash flow remains negative with ‘heavy debt’

SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de …

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Africa’s gaming market is expected to top $1 billion in 2024: Data

by Walter Watson
Africa’s gaming market is expected to top  billion in 2024: Data

Africa’s video game market has been doing well. In 2022, games sold in the region generated $862.8 million in revenue, up 8.7% year over year, according to Newzoo’s data. Rodger …

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New York City taxis fight for survival against Uber and Lyft

by Horatio Thompson
New York City taxis fight for survival against Uber and Lyft

New York City’s yellow taxis have been a symbol of the metropolis for decades. But taxi drivers only make up about 10% of the total driver landscape in the city …

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BYD seeks nod for $1 billion plan to build EVs and batteries in India

by Walter Watson
BYD seeks nod for  billion plan to build EVs and batteries in India

People look at a BYD Dolphin electric subcompact during the 2023 Shenyang International Auto Show on May 3, 2023 in Shenyang, Liaoning Province of China. Vcg | Visual China Group …

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FTC loses appeals court bid to temporarily block Microsoft-Activision deal

by Walter Watson
FTC loses appeals court bid to temporarily block Microsoft-Activision deal

Satya Nadella, CEO of Microsoft CNBC In a victory for Microsoft, the U.S. Appeals Court for the 9th Circuit late on Friday denied the Federal Trade Commission’s motion to temporarily stop Microsoft …

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Binance could lay off thousands in response to DOJ probe: source

by Walter Watson
Binance could lay off thousands in response to DOJ probe: source

Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | …

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