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Electronic Arts to lay off 5% of workforce, reduce office space

(Reuters) -Electronic Arts will reduce 5% of its workforce as part of a restructuring plan that also includes a reduction in real estate, the company said on Wednesday, as the video game industry

Dell forecasts upbeat fiscal 2025 on AI server demand

(Reuters) -Dell Technologies forecast annual revenue and profit above Wall Street estimates on Thursday, betting on demand for its AI servers, sending the company's shares up more than 16% in after

BofA’s Merrill, Wells Fargo offering spot bitcoin ETFs to clients

By Niket Nishant, Pritam Biswas and Jaiveer Shekhawat (Reuters) -Bank of America's Merrill Lynch and Wells Fargo have been offering spot bitcoin exchange-traded funds to eligible wealth management

‘Leap year glitch’ at New Zealand fuel pumps now fixed

By Lucy Craymer WELLINGTON (Reuters) - Petrol pumps in New Zealand that had stopped working on Thursday due to a “leap year glitch” in payment software are now mostly back operating, the company

Autodesk forecasts annual revenue above estimates, shares jump

(Reuters) - Autodesk forecast annual revenue above Wall Street estimates on Thursday, betting on resilient demand for its design software products, sending its shares up more than 6% in extended

Hewlett Packard Enterprise sees downbeat Q2 revenue on weak networking solutions demand

(Reuters) - Hewlett Packard Enterprise on Thursday forecast second-quarter revenue below Wall Street estimates, as businesses scale down spending on the server maker's technology solutions. Shares of

NetApp lifts annual profit forecast on resilient demand for cloud services

(Reuters) - NetApp raised its annual profit forecast on Thursday, as businesses spend more on cloud-based data management services for digital transformation, sending its shares up 13.6% in extended

Dell beats fourth-quarter estimates on AI server demand

(Reuters) -Dell Technologies beat Wall Street estimates for fourth-quarter revenue and profit on Thursday helped by demand for its AI servers, sending its shares up 19% in after hours trading. The PC

Zscaler reports higher Q2 operating expenses

(Reuters) -Cybersecurity firm Zscaler reported higher operating expenses in the second quarter, overshadowing a lift in its annual revenue forecast and dragging the company's shares down about 5% in

Grayscale lobbies SEC to approve options on spot bitcoin ETFs

By Hannah Lang (Reuters) - Crypto asset manager Grayscale Investments is urging the U.S. securities regulator to greenlight options on its spot bitcoin exchange-traded fund, a move that would open the

On Camera

Phase 5 is crunch time for BJP—UP will boost INDIA, Maharashtra will clear up real vs fake

Just like Phase 3, in this round too, the NDA stands to lose ground due to the sheer number of seats it had won the last time — 39 of the 49 seats, of which the BJP alone had won 32.

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?