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Spotify to cut 1,500 jobs in third layoff round this year

Barbara Terrio

It laid off 600 employees in January, 200 staff in June CEO says debated making smaller reductions in 2024, 2025 ...

Alibaba’s U-turn on cloud unit spin-off lops $20 billion off its market value

Barbara Terrio

HONG KONG, Nov 17 (Reuters) – Investors wiped out some $20 billion off Alibaba Group’s (9988.HK) market value on Friday ...

Meta strikes deal with Tencent to sell VR headset in China – WSJ

Barbara Terrio

The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing ...

Exclusive: Baidu placed AI chip order from Huawei in shift away from Nvidia

Barbara Terrio

BEIJING/SHANGHAI, Nov 7 (Reuters) – Baidu (9888.HK) ordered artificial intelligence chips from Huawei (HWT.UL) this year, two people familiar with ...

Graphic pro-Israel ads make their way into children’s video games

Abhinav Thawait

Oct 30 (Reuters) – Maria Julia Assis was sitting down to a meal in her terraced home in north London ...

Stocks gain, oil falls, traders focus on rates outlook

Barbara Terrio

[1/2]FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby ...

Meta’s Instagram, Facebook to charge EU users for ad-free service – source

Barbara Terrio

Oct 2 (Reuters) – Meta Platforms (META.O) is looking to introduce ad-free subscription plans for Instagram and Facebook users in ...

Hollywood writers guild ends strike ahead of final contract vote

Carol Dennis

LOS ANGELES, Sept 26 (Reuters) – Hollywood’s writers union said its members could return to work on Wednesday while they ...