Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
By Yuvraj Malik (Reuters) – Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for its services and benefits…
Elon Musk proposed to launch robotaxis in China during April visit
By Zhang Yan and Brenda Goh BEIJING (Reuters) – Elon Musk proposed testing Tesla‘s advanced driver-assistance package in China by deploying it in robotaxis, during his recent visit to the…
Female founder helping companies measure culture, diversity and inclusion
Female founder: The pandemic has resulted in a flurry of hybrid and fully remote work positions, and it’s safe to say that it has turned the working world upside down.…
Boeing sending first astronaut crew to space after years of delay
By Joey Roulette WASHINGTON (Reuters) – Boeing is poised to send the first Starliner space capsule with a crew of humans into orbit next week, giving it a long-delayed chance…
Gold Pickaxe: how is your face used to commit fraud
Gold Pickaxe: As you all might already know it, our faces have become the new currency, granting us access to a vast array of conveniences and services. From unlocking our…
Foxconn reiterates Q2 revenue to grow, posts record April sales
Βy Ben Blanchard TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and the biggest assembler of Apple’s iPhone, reiterated on Sunday it expected a rise in second-quarter…
Stanford AI leader Fei-Fei Li building ‘spatial intelligence’ startup
By Katie Paul, Anna Tong and Krystal Hu NEW YORK/SAN FRANCISCO (Reuters) – Prominent computer scientist Fei-Fei Li is building a startup that uses human-like processing of visual data to…
Paramount will let exclusive talks with Skydance lapse
By Dawn Chmielewski (Reuters) – Paramount Global will end exclusive negotiations with Skydance Media without a deal, according to a person familiar with the discussions, allowing it to evaluate a…
Atos creditors reach deal to rescue debt-laden group, La Tribune says
By Sybille de La Hamaide PARIS (Reuters) – Creditors have reached an agreement that could rescue tech firm Atos, which secures communications for the French army and is set to…
EBay forecasts Q2 revenue below estimates as consumer spending remains strained
By Yuvraj Malik (Reuters) – Ecommerce firm eBay forecast second-quarter revenue below Wall Street estimates on Wednesday, as demand cools for its key product categories like collector’s items and auto…