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Friday, May 3, 2024
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Terraform Labs co-founder Do Kwon to miss start of US SEC trial

By Jonathan Stempel NEW YORK (Reuters) -The cryptocurrency entrepreneur Do Kwon will likely miss at least the start of a March 25 civil trial on U.S. Securities and Exchange Commission fraud charges

US court tries to bring SpaceX lawsuit against US labor board back to Texas

By Daniel Wiessner (Reuters) - A U.S. appeals court in an unusual step on Monday moved to claw back rocket maker SpaceX's lawsuit claiming a U.S. labor board's structure is unconstitutional, after a

Terraform Labs co-founder Do Kwon to miss start of US SEC fraud trial

By Jonathan Stempel NEW YORK (Reuters) -The cryptocurrency entrepreneur Do Kwon will likely miss at least the start of a March 25 civil trial on U.S. Securities and Exchange Commission fraud charges

Long-time Biden aide Olivia Dalton to leave for Apple, sources say

By Steve Holland WASHINGTON (Reuters) - Olivia Dalton, the White House principal deputy press secretary and a long-time aide to President Joe Biden, has told senior staff she plans to leave for a

Broadcom to pause sale of Carbon Black unit, Bloomberg reports

(Reuters) - Chipmaker Broadcom has put on hold a sales process for its security software business Carbon Black, Bloomberg News reported on Monday, citing people familiar with the matter. (Reporting by

Expedia to cut about 1,500 jobs in latest restructuring

(Reuters) - Online travel platform Expedia said on Monday it was cutting about 1,500 jobs as part of its latest restructuring. As of Dec. 31, 2023, the company had 17,100 employees in more than 50

Chips firms seek double $28 billion US subsidies available, Commerce Dept says

By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said on Monday most chips companies seeking government subsidies will get significantly less than they have sought,

Zoom beats estimates on strong product demand, announces share buyback

(Reuters) -Zoom Video Communications on Monday posted better-than-expected results for the fourth quarter, helped by strong demand for its expanding product portfolio as more employers embrace hybrid

Zoom beats quarterly revenue estimates

(Reuters) -Zoom Video Communications beat market expectations for quarterly revenue on Monday, helped by strong demand for its expanding product portfolio as more employers embrace hybrid work models,

Zoom forecasts annual revenue below estimates

(Reuters) - Zoom Video Communications forecast fiscal-year 2025 revenue below market expectations on Monday on signs of weak demand for its product portfolio, as employers move away from hybrid work

On Camera

Stop targeting Galgotias University students. Focus on politicians instead

Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.