Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Chinese social media and gaming company Tencent on Wednesday reported better-than-expected profit in the third quarter, spurred by growth in games, advertising and cloud services….
Vasco Pedro, co-founder and CEO of Unbabel, on the first day of the 2023 Web Summit at the Altice Arena in Lisbon. Miguel Reis | SOPA | Lightrocket | Getty Images LISBON — Unbabel on Wednesday announced a translation service powered by artificial intelligence, adding another rival to a highly competitive space — with its…
A Dish Network satellite dish (L) is mounted next to a DirecTV dish on the roof of an apartment building on April 15, 2013 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images DirecTV is abandoning its acquisition of Dish assets after a group of bondholders refused to accept the terms…
LVMH-owned luxury hospitality company Belmond will launch a luxury sleeper train next year that will take travelers through the countryside of England and Wales. The Britannic Explorer will run three itineraries: one to the southwestern county of Cornwall and the other to the opposite end of England through the Lake District of Cumbria in the…
Live Nation CEO Michael Rapino told CNBC’s Jim Cramer on Tuesday that the nature of live music keeps it in demand, which helps the business stay strong — even though some consumer-oriented companies report a pullback due to inflation. “It’s a very scarce commodity,” he said. “If you want to see Ben Folds tonight, who’s…
Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US. Eva Marie Uzcategui | Bloomberg | Getty Images The Federal Aviation Administration on Tuesday banned U.S. civilian flights to and from Haiti for 30 days after a Spirit Airlines airplane was struck by gunfire trying to land in Port-au-Prince a day…
A provided image of Oliver Blume, CEO of Volkswagen Group and RJ Scaringe, founder and CEO of Rivian, as the companies announce joint venture plans on June 25, 2024. Courtesy: Business Wire Rivian Automotive and Volkswagen Group have released details of their previously announced joint venture ahead of the operations launching Wednesday. The companies in…
Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images 23andMe on Tuesday reported declining revenue in its most recent quarter, a day after the company said it will cut 40% of its workforce and shutter its therapeutics business as part of a business…
10’000 Hours | Digitalvision | Getty Images Current borrowers should remain entitled to relief While the program remains in effect, borrowers are entitled to the relief, said Betsy Mayotte, president of The Institute of Student Loan Advisors, a nonprofit. “Don’t panic,” Mayotte said. “PSLF is written into federal law, by a Republican president, and it would…
John Paulson visits “Mornings With Maria” at Fox Business Network Studios on October 23, 2024 in New York City. John Lamparski | Getty Images Hedge fund chief John Paulson has removed himself from consideration as a potential nominee for Treasury secretary by President-elect Donald Trump, NBC News confirmed Tuesday. Paulson is the head of Paulson…
