Key takeaways from Pinterest’s Q4 2022 financial results

[ad_1] Shares of Pinterest, Inc. (NYSE: PINS) dropped this week after the image-sharing platform reported weaker-than-expected Q4 revenues and issued cautious guidance for the first quarter. After turning profitable a few years ago, the company has maintained positive earnings in almost every quarter, despite the disruptions caused by the pandemic.   While its unique business … Read more

Emerson reports weak quarter on hit from supply snarls, raises sales forecast By Reuters

[ad_1] © Reuters. FILE PHOTO: Emerson Electric Co is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020. REUTERS/Brendan McDermid/ (Reuters) – Industrial conglomerate Emerson (NYSE:) Electric Co missed Wall Street expectations for quarterly profit and revenue on Wednesday, as lingering supply-chain snags … Read more

Pick n Pay sales grow but warns on extra costs from power cuts By Reuters

[ad_1] © Reuters. FILE PHOTO: Workers repair a logo of South African retailer Pick n Pay in Johannesburg, South Africa, April 19,2018. REUTERS/Siphiwe Sibeko/File Photo JOHANNESBURG (Reuters) – Supermarket group Pick n Pay said on Wednesday its four-month sales grew by 6.4%, but its like-for-like sales growth in South Africa was softer, impacted by store … Read more

Bed Bath & Beyond staves off bankruptcy with $225 million from stock sale By Reuters

[ad_1] © Reuters. FILE PHOTO: A shopping cart is seen at a Bed Bath & Beyond store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew Kelly/File Photo By Mike Spector, Jessica DiNapoli, Deborah Mary Sophia and Siddharth Cavale (Reuters) -Bed Bath & Beyond Inc said on Tuesday it raised about $225 million in … Read more

Australian gold miner Newcrest gets $16.9 billion buyout offer from Newmont Corp By Reuters

[ad_1] © Reuters. FILE PHOTO: A small toy figure and imitation gold are seen in front of the Newcrest logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration (Reuters) – Australia’s No. 1 gold miner Newcrest Mining (OTC:) Ltd on Monday said it received a non-binding all-stock takeover offer implying an equity value of … Read more

U.S. judge denies FTC request to stop Meta from acquiring VR firm Within By Reuters

[ad_1] © Reuters. FILE PHOTO: The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman WASHINGTON (Reuters) -A judge on Friday released a ruling denying the Federal Trade Commission’s request to stop Meta Platforms Inc (NASDAQ:) from buying virtual reality content maker Within Unlimited, rejecting the regulator’s concerns … Read more

Italy bans U.S.-based AI chatbot Replika from using personal data By Reuters

[ad_1] © Reuters. FILE PHOTO: An undated handout image from U.S. startup Replika shows a user interacting with a smartphone app to customize an avatar for a personal artificial intelligence chatbot, known as a Replika, in San Francisco, California, U.S. Luka, Inc./Handout (Corrects to make Alvarez & Marsal a consultancy firm, rather than a law … Read more

Binance Gives WazirX Deadline To Withdraw Users’ Funds from Its Service By CoinEdition

[ad_1] Binance Gives WazirX Deadline To Withdraw Users’ Funds from Its Service Binance has terminated its business relationship with WazirX. WazirX refused to retract its past false public statements against Binance. Preciously, Indian law enforcement agencies raided WazirX’s Mumbai office. The largest crypto marketplace Binance has asked the Indian rival exchange WazirX, run by Zanmai, … Read more