Meta must pay $375 million for violating New Mexico law in child exploitation case, jury rules
[ad_1] A New Mexico state court jury on Tuesday held Meta liable for nearly $400 million in civil damages after a trial where the state attorney general accused the Facebook and Instagram operator of failing to safeguard kids who use its apps from child predators. The civil trial, which began with opening arguments in Santa […]
Microsoft shakes up Copilot AI leadership team, freeing up Suleyman to build new models
[ad_1] Microsoft AI CEO Mustafa Suleyman speaks during an event highlighting Microsoft Copilot, the company’s AI tool, on April 4, 2025 in Redmond, Washington. The company also celebrated its 50th anniversary. Stephen Brashear | Getty Images News | Getty Images Microsoft said Tuesday that it’s bringing together the engineering groups for its commercial and consumer […]
27-year-old Amazon employee relocated from India to Ireland and spends up to $2,927 a month: ‘My quality of life has improved’
[ad_1] While attending college at the Indian Institute of Information Technology, Allahabad, Suras Nayak knew he wanted to leave his hometown of Hyderabad, India, and travel the world. “When I was growing up, I always had this idea somewhere behind my head that I always wanted to move abroad, but I was a little bit […]
Oracle stock jumps 9% on earnings beat and increased guidance as cloud revenue climbs 44%
[ad_1] Oracle shares rose as much as 10% in extended trading on Tuesday after the software vendor reported quarterly results that surpassed Wall Street projections and boosted its revenue guidance for fiscal 2027. Oracle sees $1.92 and $1.96 in adjusted earnings per share for the fiscal fourth quarter, with revenue growth between 19% and 20%. […]
Amazon’s Bahrain data center targeted by Iran for support of U.S. military, state media says
[ad_1] People walk past the logo of Amazon Web Services (AWS) at its exhibitor stall at the India Mobile Congress 2025 at Yashobhoomi, a convention and expo center in New Delhi, India, October 8, 2025. Anushree Fadnavis | Reuters Amazon‘s data center in Bahrain was targeted by Iran’s Islamic Revolutionary Guard Corps for the company’s […]
Nvidia, Amazon temporarily close Dubai offices, Google employees stranded amid U.S.-Iran war
[ad_1] A plume of smoke rises from the port of Jebel Ali following a reported Iranian strike in Dubai on March 1, 2026. Fadel Senna | Afp | Getty Images Nvidia, Amazon and Alphabet are among the big tech firms scrambling to ensure the safety of their employees who are traveling through or based in […]
It’s peak days for the ‘overlay everything’ trade as demand for income rises in volatile market
[ad_1] There were plenty of reasons for investors to be on edge in the current setup for stocks even before the U.S. and Israel launched a major military campaign against Iran over the weekend. The month of February, and midterm election years in particular, have a history of being bad for stocks. The cash drain […]
Salesforce shares sink on mixed guidance as company commits $50 billion for buybacks
[ad_1] Salesforce CEO Marc Benioff during the World Economic Forum in Davos, Switzerland, Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Salesforce shares tumbled 5% in extended trading on Wednesday after the customer service software maker reported healthy results, although its fiscal 2027 revenue view trailed Wall Street projections. Here’s how the company […]
Software stocks rebound as Anthropic announces new partnerships
[ad_1] Software stocks made a comeback on Tuesday after Anthropic hosted its enterprise agents event, where it revealed new partnerships, quelling some investor fears that the sector could be displaced by artificial intelligence. The AI startup launched new updates to Claude Cowork that allow companies to integrate the productivity tool into a host of enterprise […]
As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive
[ad_1] From left, MangoAI’s Nirmal Govind, Canva Co-Founder and Chief Operating Officer Cliff Obrecht and MangoAI’s Vinith Misra. Canva Software stocks have been hammered in recent weeks as investors worry about threats from artificial intelligence. In the startup world, Canva has been among the highest fliers due to its popularity with designers, but that market […]