Category: Specialized & Regional
Specialized & Regional Networks
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Reddit search traffic slumps, will push visitor sign-ins to curb AI scraping
Oct 29 : Reddit CEO Steve Huffman outlined a plan on Thursday to make signing-in mandatory for most content as the company grapples with data scraping and declining search referral traffic in recent months. Huffman warned that total daily active unique visitors (DAUq) could fall by a low double-digit percenta
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Walmart commits $6 billion to expand Symbotic deal
Oct 29 : Walmart said on Thursday it had extended its agreement with AI robotics firm Symbotic, committing about $6 billion over several years to bring more automation capabilities to its distribution network.Symbotic has been helping Walmart automate its supply chain since 2017.Under the agreement, S
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Coinbase snaps losing streak with third-quarter profit on lower expenses
Oct 29 : Cryptocurrency exchange Coinbase Global reported a quarterly profit on Thursday, snapping a three-quarter-long streak of losses, driven by lower operating expenses. Total operating expenses in the third quarter fell about 17 per cent to $1.15 billion, compared with $1.39 billion for the same period
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‘Star Trek’, ‘X-Men’ star Patrick Stewart dead at 86
British actor Patrick Stewart, best known for his roles in Star Trek and X-Men, has died at 86 following a battle with Alzheimer’s disease and Lewy body dementia.
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Bank of Japan to hold rates, signal further hikes
TOKYO, Oct 30 : The Bank of Japan is set to keep interest rates steady on Friday but stress its focus on preventing underlying inflation from overshooting its 2 per cent target, suggesting scope to hike borrowing costs as soon as December.Such guidance would reinforce the central bank’s message last month tha
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Weak quarter for Intel sends shivers through cooling chip stocks
NEW YORK, Oct 29 : Chip stocks took another hit after Thursday’s weak quarterly earnings report from Intel, which could make for interesting dynamics when trading reopens on Friday.The semiconductor index sold off in post-close trading on Thursday after chipmaker Intel blamed “near term headwinds across the
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Stocks making the biggest moves after hours: Amazon, Intel, Twilio, Reddit, Roblox & more
Here are some of the companies making headlines in extended trading.
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Amazon AWS posts 39% revenue growth as cloud rivals also accelerate
Amazon’s cloud signed deals with Meta and OpenAI during the quarter, helping revenue to exceed consensus.
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Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinks
Reddit posts third-quarter earnings and reveals plans to require all users to create official accounts as Google search traffic shrinks
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Intel stock plunges 20% as chipmaker blames PC slowdown for weak guidance
Intel has been a Wall Street darling this year due to its emergence as a player in AI, but the company is being weighed down by a struggling PC market.
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