Futures subdued as tech stocks extend fall; Fed minutes awaited
U.S. stock index futures were subdued on Wednesday ahead of minutes from the Federal Reserve’s December meeting, even as big technology stocks continued to fall, with Salesforce.com declining after a brokerage downgrade.
EXCLUSIVE Zoom has joined tech industry counterterrorism group
Video-conferencing platform Zoom has joined a counterterrorism organization formed by major U.S. tech companies including Meta Platforms Inc (FB.O), formerly known as Facebook, and Microsoft Corp (MSFT.O), the group said on Wednesday.
Apple files lawsuit against NSO Group, saying U.S. citizens were targets
Deutsche Boerse’s (DB1Gn.DE) power and gas exchange EEX plans to launch an index to price hydrogen next year to aid trading of the commodity that is expected to play a big role in the shift to a green economy, one of the bourse’s board members said.
Apple files lawsuit against NSO Group, saying U.S. citizens were targets
Apple Inc (AAPL.O) said on Tuesday it has filed a lawsuit against Israeli cyber firm NSO Group and its parent company OSY Technologies for alleged surveillance and targeting of U.S. Apple users with its Pegasus spyware.
Who’s building the metaverse?
Facebook (FB.O) changed its name last week to Meta Platforms Inc to signal its focus on the metaverse, which it thinks will be the successor to the mobile internet.
EXCLUSIVE US electronics firm struck deal to transport and hire Uyghur workers
QINZHOU, China, Oct 7 (Reuters) – U.S. remote-control maker Universal Electronics Inc (UEIC.O) told Reuters it struck a deal with authorities in Xinjiang to transport hundreds of Uyghur workers to its plant in the southern Chinese city of Qinzhou, the first confirmed instance of an American company participating in a transfer program described by some rights groups […]
The Facebook outage is dry run for worse web crashes
NEW YORK, Oct 4 (Reuters Breakingviews) – Mark Zuckerberg can’t catch a break lately. The Facebook (FB.O) boss wants to turn the two-dimensional internet into a metaverse where “instead of just viewing content, you are in it,” according to an interview with the Verge. But hot on the heels of an exposé of some uncomfortable internal documents provided by […]
Oracle revenue falls short of expectations as cloud competition rises
Enterprise software firm Oracle Corp (ORCL.N) fell short of Wall Street expectations for first-quarter revenue on Monday, hurt by competition in the cloud computing space.
Billionaire-backed mining firm to seek electric vehicle metals in Greenland
Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, has signed an agreement with London-listed Bluejay Mining (JAY.L) to search in Greenland for critical materials used in electric vehicles.
Analysis: Where will yields go? Investors weigh U.S. jobs data against Delta fears
An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year, potentially weighing on an equity rally that has taken stocks to record highs.
