Snap plunges more than 25% on third-quarter revenue miss
Snap reported disappointing revenue figures on Thursday, after the company put in place cost-cutting measures to boost profit.
Kevin Spacey found not liable in sex abuse suit brought by Anthony Rapp
Spacey flatly denied Rapp’s allegations, saying under oath that “they are not true.” His lawyers argued that Rapp “created a story” in large part because he was jealous of their client’s success in the entertainment industry.
Cryptocurrency service provider agrees to return $17 million to digital lender Celsius as it reorganizes in bankruptcy
Prime Trust agreed at a hearing at the U.S. Bankruptcy Court for the Southern District of New York on Thursday to return the money to settle a lawsuit.
Apple has another iPhone update coming on Monday. Here’s what’s new
Apple will release iOS 16.1 on Monday, which will add new features to iPhone models 8 or newer. Here’s what’s coming.
CDC group endorses adding Covid shots to recommended vaccine schedule
The unanimous recommendation to add the vaccine to the annual schedule does not mandate the shots or preclude unvaccinated kids from attending school.
Texas AG sues Google over facial and voice data collection
The complaint underscores the role of individual states in protecting users’ information on the internet in the absence of a federal privacy law.
Tesla shares slide after Q3 revenue miss, Bernstein says earnings call ‘didn’t sit well with us’
Shares of Tesla fell Thursday after the electric vehicle maker missed analyst’s revenue estimates.
Existing home sales fall to a 10-year low in September, as mortgage rates soar
Sales of previously owned homes fell 1.5% in September from August to a seasonally adjusted annual rate of 4.71 million units.
Musk says Tesla expects to meet Inflation Reduction Act requirements for new tax credits on EVs
To be eligible for the credit, the car’s battery must meet a minimum threshold of parts sourced from the U.S. or a select set of countries.
American Airlines expects fourth-quarter profit thanks to strong travel demand
American’s revenue rose to a record $13.46 billion in the three months ended Sept. 30, up 13% from 2019 despite flying nearly 10% less.
