(Reuters) - Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world's most influential social media platforms. "Whole verification process is being revamped right now",…
By Sheila Dang (Reuters) -Why is Elon Musk suddenly thinking about creating an "everything app," and what does that even mean? The question arose after the billionaire chief executive of Tesla Inc earlier this month reversed course on his decision…
(Reuters) - A carnage in U.S. technology stocks widened on Thursday as shares of Meta Platforms Inc sank 20% after the Facebook parent's costly metaverse bets and the impact of soaring inflation on ad spending spooked investors. Meta was set…
(Corrects date of verdict to Wednesday from Tuesday in second paragraph, with no other changes to headline or text) By Jonathan Stempel NEW YORK (Reuters) - A federal jury in Detroit ordered Ford Motor Co to pay Versata Software Inc…
By Hilary Russ NEW YORK (Reuters) -Yum Brands Inc on Monday said that it reached a deal to sell its KFC restaurants in Russia to a local operator there, paving a path to fully exit the country. The restaurant operator,…
By Lisa Baertlein and Shivansh Tiwary (Reuters) - United Parcel Service investors want to see this week how the delivery giant is managing through the bursting e-commerce delivery bubble better than rival FedEx. The global shipping downturn has been a…
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve, set to approve another large interest rate increase early next month, is shifting to a debate over how much higher it can safely push borrowing costs and how and when to…
By Rajesh Kumar Singh and Aishwarya Nair (Reuters) -American Airlines Group Inc on Thursday forecast that fourth-quarter profit would exceed analyst estimates after posting better-than-expected earnings in the third quarter, as demand for travel remained resilient despite higher airfare and…
By Joey Roulette WASHINGTON (Reuters) - Elon Musk's SpaceX is expanding its satellite internet unit's foray into in-flight WiFi services with the rollout on Wednesday of Starlink Aviation, offering customers a $150,000 airplane antenna amid mounting competition for airborne connectivity.…
By Dawn Chmielewski and Lisa Richwine (Reuters) - Netflix Inc upended the global entertainment industry about a dozen years ago with a streaming video service that rendered network television programming schedules and movie screening times all but irrelevant. Now, Netflix…