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By Utkarsh Shetti (Reuters) - German software company SAP has nominated Finnish businessman Pekka Ala-Pietila to stand for election as chair of its supervisory board after current chair designate Punit Renjen decided to resign, SAP said on Sunday. Ala-Pietila, a

By Pratyush Thakur (Reuters) - Shares of Expedia Group closed down 18% on Friday, their biggest single-day drop in nearly four years, after the online travel firm said it expected 2024 revenue growth rates to moderate as air fares soften from

By Stephen Nellis, Max A. Cherney and Arsheeya Bajwa (Reuters) - Arm surged more than 30% on Wednesday after the British tech company forecast quarterly sales and profit above Wall Street expectations as customers aim to design new chips for artificial

By Akash Sriram and Aishwarya Venugopal (Reuters) - Amazon.com shares surged 7% on Friday after the e-commerce heavyweight reported higher-than-expected holiday quarter sales and its lucrative cloud business signaled early gains from AI-powered features. The company joined Microsoft and other tech firms

By Utkarsh Shetti (Reuters) - Universal Music Group (UMG) will cease licensing its content to TikTok and TikTok Music services, as the music label said on Tuesday that its agreement with the social media platform has not been renewed. UMG has been

By Zaheer Kachwala (Reuters) - Electronic Arts missed estimates for quarterly bookings on Tuesday, as lower spending and stiff competition hurt demand for its gaming titles. Shares of the company fell more than 2% in extended trading. Still-high interest rates causing gamers to

By Kantaro Komiya TOKYO (Reuters) - Japan's SLIM spacecraft has regained power, its space agency said on Monday, more than a week after it achieved an unconventionally precise lunar landing but ran out of electricity because its solar panels were at

By Hyunjoo Jin and Akash Sriram (Reuters) - Tesla expects to start production of its next-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive Elon Musk said on Wednesday, after warning of a sharp slowdown

By Kanjyik Ghosh and Harshita Meenaktshi (Reuters) - Online gaming company Kindred Group confirmed on Sunday it has received a cash takeover bid from French group La Francaise des Jeux. The offer will be announced on Monday before the market opens, Kindred

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