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Amazon’s Revenue and Profit Jump, Reversing Slide

John McCluskey -
Amazon reversed its winter slide and posted strong financial results for the first quarter.Revenue increased 9 percent from a year earlier to $127.4 billion, while...
Tech

Snap’s Sales Fall for First Time as a Public Company

John McCluskey -
Why It Matters: The digital ad slump is bouncing back, but not for everyone.Falling demand for Google’s search ads and Facebook’s display ads...
Tech

Snap’s Sales Fall for First Time as a Public Company

John McCluskey -
The NewsSnap, the parent company of Snapchat, reported on Thursday that its revenue had fallen for the first time since it went public...
Tech

F.B.I. Searches Home of Top FTX Executive

John McCluskey -
The F.B.I. carried out a search on Thursday morning at the Potomac, Md., home of Ryan Salame, a former FTX executive who was...
Tech

As Regulators Block Tech Deals, They Increasingly Look to the Future

John McCluskey -
As companies like Google and Facebook grew into giants in the early 21st century, regulators chose largely not to interfere in the still-young...
Tech

Elon Musk Ramps Up A.I. Efforts, Even as He Warns of Dangers

John McCluskey -
In December, Elon Musk became angry about the development of artificial intelligence and put his foot down.He had learned of a relationship between...
Tech

Tweets Become Harder to Believe as Labels Change Meaning

John McCluskey -
In the 24 hours after Twitter last week eliminated the blue check mark that historically served as a means of identifying public agencies,...
Tech

Meta Returns to Growth After Struggling With Falling Sales

John McCluskey -
The debate over whether Meta is in decline may get quietened, at least for now.After three straight quarters of falling revenue, Meta, the...
Tech

U.K. Blocks Microsoft’s Bid for Activision, a Blow to the Tech Giant

John McCluskey -
British antitrust regulators on Wednesday blocked Microsoft’s plans to acquire the video game giant Activision Blizzard for $69 billion, a significant hurdle for...
Tech

Binance Faces Mounting Pressure as U.S. Crypto Crackdown Intensifies

John McCluskey -
For years, the giant cryptocurrency exchange Binance has had a reputation for dodging regulators and skirting financial rules, all without significant consequences.Now the...
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