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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 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

By Mrinmay Dey (Reuters) - Terraform Labs (TFL), the company behind the stablecoin TerraUSD, which collapsed and roiled cryptocurrency markets in 2022, filed for Chapter 11 bankruptcy in the United States, according to court papers filed on Sunday. Singapore-based Terraform Labs, in

By William Schomberg LONDON (Reuters) - A parcel delivery firm in Britain has disabled the artificial intelligence (AI) function in its online chat systems after a frustrated user coaxed the system into composing a poem about how bad the company's customer

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