Quarterly results from Best Buy, Ralph Lauren and Dollar Tree show divergence in consumer spending
As inflation on necessities like groceries remains stubbornly high, the well-heeled consumer appears to still be spending, while the lower-income shopper continues to cut back their purchases, according to the latest batch of earnings reports
2023-05-26 03:25
Twitter's launch of DeSantis' presidential bid underscores platform's rightward shift under Musk
While shaky and skewered by critics, Twitter’s forum for Florida Gov. Ron DeSantis to announce his presidential run nevertheless underscored the platform’s unmistakable shift to the right under new owner Elon Musk
2023-05-25 23:50
Best Buy posts mixed 1Q results but gadget slump will bottom out as shoppers replace their devices.
Best Buy turned in a first-quarter profit that beat Wall Street expectations, while the nation’s largest consumer electronics chain continued to wrestle with weak consumer demand for gadgets
2023-05-25 23:45
Nvidia stuns markets and signals how artificial intelligence will reshape technology sector
Shares of Nvidia, already one of the world’s most valuable companies, are skyrocketing after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector
2023-05-25 23:21
Elon Musk wants to build a digital town square. But his debut for DeSantis had a tech failure.
Elon Musk wants to turn Twitter into a “digital town square,” but his much-hyped Twitter Spaces kickoff event, with Florida Gov. Ron DeSantis announcing his run for president, struggled with technical glitches and a near half-hour delay Tuesday
2023-05-25 09:23
Elon Musk's 'historic' Twitter event with Ron DeSantis struggles with technical glitches
Elon Musk’s Twitter Spaces event with Florida Gov. Ron DeSantis started off with technical glitches the Twitter owner said was due to “straining” servers because so many people were trying to listen to the audio-only event
2023-05-25 06:53
Microsoft: State-sponsored Chinese hackers could be laying groundwork for disruption
Microsoft says state-backed Chinese hackers have been targeting U.S. critical infrastructure and could be laying the technical groundwork for the potential disruption of communications between the U.S. and Asia in future crises
2023-05-25 06:26
In transition from HBO Max to Max, writer and director credits got lost
The streaming service Max may only be hours into its rollout, but it’s already under fire by Hollywood’s top guilds for the way it credits writers and directors
2023-05-25 01:57
China defends ban on US chipmaker Micron, accuses Washington of 'economic coercion'
The Chinese government has defended its ban on products from U.S. memory chipmaker Micron Technology Inc. in some computer systems after Washington expressed concern
2023-05-24 18:56
Ready for a digital euro? At 25, European Central Bank preps for future of money
Proposals for a digital European currency are taking shape
2023-05-24 17:23
Musk gadfly has a new jet to track - the one used by Florida Gov. Ron DeSantis
Jack Sweeney, the 20-year-old college student who was once banned from Twitter for posting the real-time movements of Elon Musk’s jet, has a new target: Florida Gov. Ron DeSantis
2023-05-24 05:49
Elon Musk signals Twitter's headquarters may not stay in San Francisco
Elon Musk has hinted that Twitter might not keep its headquarters in San Francisco forever
2023-05-24 04:56