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- Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
- US TikTok ban would be ‘devastating’, UK firms warn
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- Meta shares plunge on weak revenue guidance even as first-quarter results top estimates
Tag Archives: CNBC
Shares of Roblox pop 12% after company’s third-quarter results beat estimates
Roblox shares jumped Wednesday after the company released third-quarter results that beat analysts’ estimates.
TikTok owner ByteDance offers employees buyback option at higher price to boost confidence
The buyback plan comes after a challenging few years for ByteDance, which has faced tougher regulation, a fall in valuation and scrutiny of TikTok in the U.S.
Nintendo to make Zelda movie after Mario success; shares pop 6%
Nintendo said Wednesday it plans to develop a live-action film of The Legend of Zelda, one of its most popular characters.
Group of Google contractors who work on Search and Bard win union vote
The labor department found Google to be a “joint employer” to the contract employees.
Microsoft closes at all-time high on fresh OpenAI-related optimism
Analysts see Microsoft benefiting from software developers taking advantage of tools from OpenAI, the Office software maker’s strategic partner.
Google’s Waze will now warn you about roads prone to car accidents
Waze will now notify drivers they are driving on a road with a history of accidents before they reach the crash-prone section of the route.
Meta failed to act to protect teens, second whistleblower testifies
Arturo Bejar described his fruitless efforts to flag the extent of harmful effects its platforms could have on teens to top leadership at the company.
Salesforce CEO says Dreamforce is staying in San Francisco after reaching deal with mayor
Marc Benioff had threatened to take his major marketing event outside of San Francisco, but now it will stay around for at least one more year.
Datadog stock surges 30% after cloud company beats estimates, revises guidance up
Datadog stock surged nearly 30% after upping its guidance and beating estimates on the top and bottom lines.
WeWork has a massive footprint in London. Its bankruptcy could shake up the city’s office market
The company said that its restructuring is limited to WeWork’s locations in the U.S. and Canada.