Elliott trims stake in Telecom Italia further to 5.13%
U.S. hedge fund Elliott Management has further cut its stake in Italy’s biggest phone group Telecom Italia (TIM), a regulatory filing showed on Thursday....
Investor Einhorn tweets at Tesla’s Musk asking for more company financials
One day after Tesla Inc posted its third quarterly profit in a row, hedge fund manager David Einhorn, one of the electric carmaker’s best-known critics,...
Digital ad market is avoiding coronavirus disaster, say tech giants
Reports of the demise of the digital advertising market due to the coronavirus outbreak appear exaggerated as the tech giants that dominate the online ads...
Musk’s SpaceX, Bezos’ Blue Origin land contracts to build NASA’s astronaut moon lander
NASA on Thursday selected space firms SpaceX, Blue Origin and Dynetics to build lunar landing systems that can carry astronauts to the moon by 2024,...
Half of Telecom Italia staff to work remotely in cautious approach after lockdown: document
Telecom Italia (TIM) will keep just over half of its staff working from home when Italy’s biggest phone group begins a gradual reopening of its...
Zoom participant numbers top 300 million despite growing ban list, shares hit record (April 23)
(This story corrects headline and first paragraph in April 23 story after company clarifies it had mistakenly termed the 300 million as users instead of...
AT&T brings ad unit Xandr under WarnerMedia ahead of HBO Max launch
AT&T Inc said on Thursday it will bring its advertising unit Xandr under its WarnerMedia label, which is set to launch its streaming channel HBO...
Coronavirus to accelerate UK grocery’s digital shift, says Sainsbury’s boss
The coronavirus pandemic is accelerating a digital shift in UK grocery shopping as Britons embrace home delivery, click and collect and technologies such as in-store...
Twitter gains users, beats estimates but ad trends alarm investors
Twitter Inc on Thursday reported higher first-quarter revenue and a smaller loss than analysts had expected amid the coronavirus pandemic, but its shares fell as...
UK privacy advocates warn over COVID-19 contact tracing app
Leading privacy advocates in Britain have urged the government to prevent a soon-to-be launched COVID-19 contact tracing app from turning into a form of state...