Netflix hits 40 million users for ad-supported plan
(Reuters) – Netflix said on Wednesday its ad-supported tier has reached 40 million global monthly active users, from 5 million a year earlier, a sign
Analysis-Hopes for ‘soft landing’ at stake as investors await US inflation data
By Lewis Krauskopf NEW YORK (Reuters) – Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday, with consumer price data set
TikTok creators file suit to block US divestment or ban law
WASHINGTON (Reuters) – A group of TikTok creators said Tuesday they filed suit in U.S. federal court seeking to block a law signed by President
Powell: Very strong support in Congress for an independent Fed
AMSTERDAM (Reuters) – Federal Reserve Chair Jerome Powell said on Tuesday support for U.S. central bank independence remains “very strong” in Congress, pushing back on
Explainer-Canada wildfire season is heating up: Here’s what to know
By Nia Williams (Reuters) – Firefighters in western Canada are battling the first major wildfires of 2024, which sparked into life after unseasonably warm temperatures
OpenAI unveils new AI model as competition heats up
By Anna Tong and Akash Sriram (Reuters) -ChatGPT maker OpenAI said on Monday it would release a new AI model called GPT-4o, capable of realistic
GameStop soars as flag bearer ‘Roaring Kitty’ resurfaces, sparks meme stock rally
By Medha Singh and Laura Matthews (Reuters) -Shares of videogame retailer GameStop surged nearly 75% on Monday after “Roaring Kitty”, an account associated with a
Strong Walmart earnings may already be priced in with shares near record
By Siddharth Cavale and Noel Randewich NEW YORK (Reuters) – Walmart’s earnings amid signs of weaker discretionary spending could add fuel to a rally that
Apple’s Maryland store workers vote to authorize strike
(This May 11 story has been refiled to say IAM, instead of AIM, in paragraph 1) (Reuters) – Workers at Apple’s store in Towson, Maryland,
Microsoft to invest 4 billion euros in France
PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the annual ‘Choose France’ business