Technology

Tom Light, CEO of FIRST: Building a Tier 1 B2B Sports Betting Technology Company

Discover how FIRST, led by CEO Tom Light, is becoming a leading B2B sportsbook provider with scalable technology powering operators across regulated markets.

G7 Summit Expands Reach: India, South Korea, Brazil, and Kenya Invited to June Meeting

The G7 summit in June will include India, South Korea, Brazil, and Kenya, but not China, indicating an expansion of diplomatic engagement and a strategic approach to global challenges.

Euro Zone Faces Stagflation Threat as Middle East Conflict Fuels Inflation and Stalls Growth

Euro zone economy faces stagflation risk as Middle East conflict impacts growth and inflation. Private-sector activity hits a 10-month low amid rising costs and declining consumer confidence.

UN Refugee Chief Urges Increased Global Funding Amid Surging Middle East Displacement

UN refugee chief urgently appeals for more international funding as millions are displaced by escalating Middle East conflict, warning of critical shortfalls and increasing humanitarian risks.

China Offers Measured Response to Trump’s Claimed May Visit

China's Foreign Ministry responds to U.S. President Donald Trump's claim of a May visit, confirming ongoing diplomatic dialogue but declining to confirm specific dates.

Google Updates AI Principles, Removing Pledge Against Military and Surveillance Use

Google has updated its AI Principles, removing previous commitments to refrain from developing weapons and surveillance technologies that violate international norms. The revised guidelines...

Uber Reports Strong Q4 Revenue but Stock Drops Amid EPS Miss and Soft Guidance

Uber shares fell more than 7% after the company’s fourth-quarter earnings report showed strong revenue growth but missed earnings per share (EPS) expectations and...

Teladoc Acquires Catapult Health in $65M Deal to Expand Preventative Care

Teladoc Health shares rose nearly 6% after the company announced its acquisition of preventative care provider Catapult Health in an all-cash $65 million deal....

Alphabet Shares Drop 7% as AI Investment and Cloud Growth Raise Concerns

Alphabet’s stock fell 7.2%, marking its worst session since January 2024, after the company missed fourth-quarter revenue expectations and unveiled significant investment plans for...

AMD Shares Drop 6% Amid Disappointing Data Center Revenue

Advanced Micro Devices (AMD) saw its stock drop 6.3%, closing at $112.01, its lowest level since November 2023, after reporting data center revenue that...

Qualcomm Reports Strong Q1 Earnings and Positive 2025 Outlook

Qualcomm posted better-than-expected fiscal Q1 results, with strong revenue growth across its key markets. The company reported $3.41 in adjusted earnings per share, surpassing...

Salesforce Appoints Robin Washington as President, CFO, and COO

Salesforce has named Robin Washington as its new President, Chief Financial Officer, and Chief Operating Officer, effective March. Washington, a longtime board member and...

UPS Shares Drop 14% as Company Cuts Amazon Deliveries and Lowers Revenue Forecast

United Parcel Service (UPS) shares fell 14% after the company announced plans to reduce its Amazon delivery volume by more than half by the...

OpenAI in Talks to Raise $40 Billion, Valuation Could Hit $340 Billion

OpenAI is in discussions to raise up to $40 billion in a new funding round that could push its valuation to as high as...

Intel Reports Strong Q4 Earnings Despite Revenue Decline and AI Challenges

Intel reported better-than-expected earnings and revenue for the fourth quarter, but its outlook disappointed investors. Despite a 7% year-over-year revenue decline, the company exceeded...

Apple’s Soaring Profit Margins Driven by Growing Services Business

Apple’s latest earnings report highlights a shift in its growth strategy, with record-high profit margins driven by the expansion of its services business. In...

Instagram Tests Pause Feature for Reels Amid Growing Competition

Meta is testing a new pause feature for Instagram Reels, allowing users to start and stop videos with just one tap. The update brings...

Apple Reports Declining China Sales Amid Regulatory and Competitive Challenges

Apple reported an 11.1% year-over-year decline in China sales for the December quarter, marking its worst growth rate since the same period last year...

Samsung Reports Mixed Q4 Results Amid Chip Slowdown and AI Investments

Samsung Electronics reported a decline in operating profit from the previous quarter, citing increased R&D spending and a slowdown in its semiconductor business. Despite...

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