Author Archives: Syndicated Content
Apple, Meta warn Canadian bill could force them to weaken encryption
By Stephen Nellis SAN FRANCISCO, May 7 (Reuters) - Apple and Meta have publicly opposed a Canadian bill that the companies say could require them to break the encryption of their devices and services ...
May 07, 2026
Coinbase logs second straight quarterly loss as crypto trading momentum fades
By Rishab Shaju and Pritam Biswas May 7 (Reuters) - Cryptocurrency exchange Coinbase Global on Thursday recorded a second-consecutive quarter of losses, as a crypto-driven market volatility sapped the...
May 07, 2026
Block raises annual gross profit outlook as Cash App stands out
May 7 (Reuters) - Jack Dorsey-led Block raised its full-year outlook on Thursday as the payments firm benefited from resilient consumer spending and strong growth in its core businesses. The Oakland, ...
May 07, 2026
US navy came under missile fire after US attack on Iranian oil tanker, Iran state media says
May 7 (Reuters) - U.S. military naval units operating in the area of the Strait of Hormuz came under Iranian missile fire following an attack by the U.S. military on an Iranian oil tanker, Iranian sta...
May 07, 2026
Yankees roll past Rangers with six-run outburst in sixth
Trent Grisham laced a bases-clearing double during a six-run sixth inning as the New York Yankees rolled to a 9-2 victory over the visiting Texas Rangers on Thursday afternoon. The Yankees lost left f...
May 07, 2026
Airbnb flags Middle East war impact on second-quarter growth
By Aishwarya Jain and Doyinsola Oladipo May 7 (Reuters) - Vacation rental company Airbnb on Thursday said it expects growth in nights booked during the second quarter to decelerate compared with the p...
May 07, 2026
CoreWeave signals higher capex as component costs rise, shares fall
By Juby Babu May 7 (Reuters) - CoreWeave Inc raised the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices of components, sending the cloud infrastructure te...
May 07, 2026
Auto groups urge Trump to extend trade deal with Mexico, Canada
By David Shepardson WASHINGTON, May 7 (Reuters) - Major auto trade groups on Thursday urged the Trump administration to extend a free trade deal with Mexico and Canada, saying it was crucial for U.S. ...
May 07, 2026
Gen Digital forecasts annual results above estimates on strong cybersecurity demand
By Zaheer Kachwala May 7 (Reuters) - Antivirus software provider Gen Digital forecast fiscal 2027 revenue and profit above Wall Street expectations on Thursday, betting on strong demand as consumers s...
May 07, 2026
Lyft forecasts strong bookings, winter storms hit first-quarter ride volumes
By Akash Sriram May 7 (Reuters) - Lyft forecast second-quarter gross bookings and adjusted core profit above Wall Street estimates on Thursday, even as first-quarter ride volumes fell short of expecta...
May 07, 2026
