Thilina Kaluthotage | Nurphoto | Getty Images Meta’s Twitter-like Threads app will soon have a search function and web accessibility. In a Threads post on Friday, Meta CEO Mark Zuckerberg shared that these new features will be available “in the next few weeks.” related investing news “A good week for Threads,” Zuckerberg wrote. “The community …
Nikola TRE FCEV2 Courtesy: Nikola Shares of electric truck manufacturer Nikola experienced a decline of over 26% on Friday following a complex second-quarter report, news about the departure of the CEO, and shareholder approval for the issuance of new stock. Nikola announced on Friday that its CEO, Michael Lohscheller, will step down immediately due to …
An image of Elon Musk on a mobile device is illustrated in this photo. Imran Ahmed, founder of the nonprofit Center for Countering Digital Hate (CCDH), is standing his ground against Elon Musk and asserting that his research team will not be deterred. Twitter, now referred to as X, recently filed a lawsuit against CCDH …
Fisker commenced deliveries of its battery-electric Ocean SUV in Q2 2023. Despite facing challenges with suppliers and experiencing difficulties in achieving full production of the electric vehicle during this period, the startup reported a narrower-than-expected loss for the second quarter. On Friday, Fisker’s shares dropped approximately 6%. During Q2, Fisker manufactured only 1,022 Ocean SUVs, …
Apple CEO Tim Cook engages in discussions with members of the media at a viewing area for the unveiling of new products during Apple’s Worldwide Developers Conference (WWDC) held at the Apple Park campus in Cupertino, California on June 5, 2023. Jos Edelson | AFP | Getty Images Shares of Apple dipped 3% on Friday …
Passenger rail in the United States has long been dominated by Amtrak, which often suffers from high ticket prices and delays. However, one innovative Florida-based company is striving to change the game. Brightline, owned by Fortress Investment Group, believes that privatized passenger rail could offer a superior alternative. In 2018, Brightline successfully launched the first …
Microsoft continues to withhold the specific details of its Azure business, leaving investors to speculate on its revenue compared to Amazon and Google. However, the company has decided to be more transparent about its smaller Dynamics business, which includes software for salespeople, marketers, and customer-service agents. In its recent annual report, Microsoft disclosed that Dynamics …
The shares of Atlassian, the collaboration software maker, surged by up to 24% in after-hours trading on Thursday. This came after the company reported better-than-expected results for its fiscal fourth quarter and promised higher profit margins in the future. Here are the details of the company’s performance: Earnings: Adjusted earnings per share were 57 cents, …
Ugur Karakoc | E+ | Getty Images Discover the world’s top 200 fintech companies, ranging from China’s Ant Group to Sweden’s Klarna. In collaboration with independent research firm Statista, CNBC has compiled a comprehensive and transparent overview of the leading fintech companies. Statista conducted an analysis of over 1,500 firms across nine different market segments, …
A man holds an Apple iPhone5S as he uses Apple Music app on October 11, 2017 in Hong Kong, Hong Kong. S3studio | Getty Images Apple’s third-quarter earnings report on Thursday revealed a decline in revenue for their flagship hardware products – iPhone, iPad, and Mac. This trend may continue in the current period. However, …