02/02/2022

Business

Shares of Facebook parent Meta plunge 23% on lower profits

Newly renamed Meta is investing heavily in its futuristic "metaverse" project, but for now, relies on advertising revenue for nearly all its income. So when it posted sharply higher costs but gave a weak revenue forecast ...

Business

Spotify shares tumble on weak profit forecast

Shares of Spotify tumbled Wednesday after the music streaming service reported a quarterly loss and projected lower profit margins in the coming earnings period.

Business

NY Times hits 10 mn-subscription mark amid growth spurt

The New York Times reported Wednesday that buying The Athletic had helped power the paper past its 10 million-subscription target years in advance, and the company is now aiming to grow by millions more subscribers.

Robotics

Europeans have doubts about robot-assisted surgery

The implementation of robotics in various aspects of life is becoming increasingly widespread, but nevertheless leads to conflicting opinions. Positive factors and arguments based on innovation, efficiency, precision and ...

Business

Tech industry seeks new frontiers as Congress lags behind

Tech companies are racing toward new frontiers involving immersive virtual reality worlds that some experts fear could exacerbate existing problems as Congress lags behind the sector's rapid developments.

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