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Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours

Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms.

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Meta loses $200 billion in value, Zuckerberg focuses on AI, metaverse

Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.

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Stop giving iPads and MacBooks to all students, parent group tells APS

A parent association is asking Arlington Public Schools to change its policy of providing every student with an iPad or MacBook. Arguing that the devices are bad for children's mental development and needlessly expensive, Arlington Parents for Education wants the Arlington School Board to roll back funding for them this budget cycle. It is requesting

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North Korea, Iran deepen partnership through missile tech exchange

North Korea and Iran are deepening their collaboration, sharing expertise and technology, notably in ballistic missiles, heightening the global threat amid instability heightened by missile exchanges in the Israel-Iran conflict.

Israel , South-korea , Ukraine , Egypt , Russia , Iraq , Pyongyang , P-yongyang-si , North-korea , Iran , Mediterranean-sea , Oceans-general-

Standard Chartered: Bitcoin (BTC) to hit $150,000 after halving

Bitcoin is set for more price gains later this year, even after a recent retreat in prices, according to Standard Chartered's top crypto analyst.

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We see Meta's Q1 earnings-related stock slide as an opportunity

Shares of the Facebook and Instagram company were dropping due to short-term thinkers who can't see the forest for the trees.

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Amazon aggregator Thrasio loses CEO, other top execs in bankruptcy

Thrasio, an early leader in the Amazon aggregator space, is undergoing an overhaul of its C-Suite two months after the company entered bankruptcy.

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Geely-backed luxury EV brand Zeekr says it's beating Tesla in parts of China

EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.

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Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopen

Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopen : Rashtra News #Tussle #continues #logistics #cos #aggregators #ecomm #grows #offline #stores #reopen After learning that online logistics aggregators were trying to woo away their clients with lower prices, three large ecommerce-focussed delivery firms simultaneously hiked their fees for these aggregators

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Nvidia supplier SK Hynix reverses losses in first quarter on AI demand

This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.

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