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Turkey moves against Meta over Threads-Instagram data sharing

UPDATE 2-Turkey moves against Meta over Threads-Instagram data sharing Adds initial Meta statement in paragraph 7 ISTANBUL, March 18 (Reuters) - Turkey's competition authority on Monday imposed an interim measure on Meta Platforms Inc meant to hinder data sharing between the Instagram and Threads platforms as it investigates possible abuse of the company's dominant market position.
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Turkey takes measure against Meta over Threads-Instagram data sharing

Turkey takes measure against Meta over Threads-Instagram data sharing ISTANBUL, March 18 (Reuters) - Turkey's competition authority said on Monday that it imposed an interim measure on Facebook parent Meta Platforms Inc META.O meant to hinder data sharing between the company's Instagram and Threads platforms. In December, the authority said it launched an investigation into Meta Platforms over a possible violation of competition law by linking its social media platforms Threads and Instagram.
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Spirit deal loss eases anxiety for everyone else

BREAKINGVIEWS-Spirit deal loss eases anxiety for everyone else The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Jan 16 (Reuters Breakingviews) - JetBlue Airways’ JBLU.O failed $3.8 billion run at ultra-budget peer Spirit Airlines SAVE.N has a silver lining for everyone else. A judge on Tuesday sided with the U.S.
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Tech layoffs continue after 'Year of Efficiency'

Tech layoffs continue after 'Year of Efficiency' By Aditya Soni and Chavi Mehta Jan 16 (Reuters) - Big Tech's "Year of Efficiency" may be over but recent layoffs at Google and Amazon have signaled the firms will keep cutting jobs in 2024 as they make big investments in generative AI. Analysts and industry experts believe the layoffs would be smaller and more targeted this year, with firms that are racing to catch up in the AI race more likely to make such moves to offset the billions of dollars
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Auto File: Musk’s AI Shakedown 

Auto File: Musk’s AI Shakedown  Jan 16 (Reuters) - Joe White Global Autos Correspondent joe.white@thomsonreuters.com Greetings from the Motor City! We had a great weekend in Detroit. Our NFL Lions won a playoff game for the first time in 33 years! It’s Mardi Gras in Motown! Still, no more three-day weekends for me, thanks. If everyone else on the planet took the day off it would be fine.
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Musk wants 25% voting control at Tesla before fulfilling AI goal

UPDATE 3-Musk wants 25% voting control at Tesla before fulfilling AI goal Adds comment from experts and analysts in paragraph 3, details on Dojo supercomputer in paragraph 5 and closing share price in paragraph 6 By Chandni Shah and Hyunjoo Jin Jan 16 (Reuters) - Tesla TSLA.O CEO Elon Musk said he would be uncomfortable growing the automaker to be a leader in artificial intelligence and robotics without having at least 25% voting control of the company, nearly double his current stake.
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S&P 500, Nasdaq hit two-week highs on megacap boost

US STOCKS-S&P 500, Nasdaq hit two-week highs on megacap boost For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Nvidia rises after TSMC's Q4 revenue beat Boeing rebounds after two-day slump US SEC says bitcoin ETFs not yet approved, crypto stocks slip Indexes up: Dow 0.31%, S&P 0.26%, Nasdaq 0.26% Updated at 9:45 a.m.
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Russian court fines Google over 'fakes' about Ukraine war -RIA

Russian court fines Google over 'fakes' about Ukraine war -RIA Nov 23 (Reuters) - A Russian court fined Alphabet's GOOGL.O Google on Thursday 4 million roubles ($44,582) for its failure to delete what the court called fake information about the course of Russia's "special military operation" in Ukraine, the RIA news agency reported. Russia has repe
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Google's Russian subsidiary recognised as bankrupt by court - RIA

UPDATE 2-Google's Russian subsidiary recognised as bankrupt by court - RIA Adds Google no comment in paragraph two MOSCOW, Oct 18 (Reuters) - Google's Russian subsidiary has been recognised as bankrupt by a Moscow court, the RIA news agency reported on Wednesday, over a year after proceedings began. Google declined to comment. Alphabet Inc.'s GOOGL.O Russian unit filed for bankruptcy in summer 2022 after authorities seized its bank account, making it impossible to pay staff and vendors.
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Google's Russian subsidiary recognised as bankrupt by court -RIA

Google's Russian subsidiary recognised as bankrupt by court -RIA MOSCOW, Oct 18 (Reuters) - A Moscow court has recognised Google's Russian subsidiary as bankrupt, the RIA news agency reported on Wednesday, over a year after proceedings began. Alphabet Inc.'s GOOGL.O Russian unit filed for bankruptcy in summer 2022 after authorities seized its bank account, making it impossible to pay staff and vendors.
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Yen back near 150 as intervention chatter swirls

MORNING BID EUROPE-Yen back near 150 as intervention chatter swirls A look at the day ahead in European and global markets from Ankur Banerjee The "will-they-won't-they" discussion over yen intervention has now morphed to "did-they-didn't-they" speculation, after the Japanese currency briefly breached 150 per dollar in U.S. trade and then abruptly reversed course, strengthening to 147.30. Tokyo has not confirmed any such move to support the yen JPY=EBS , with both Japan's finance minister and it
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Revenue management software vendor Pros explores sale -sources

EXCLUSIVE-Revenue management software vendor Pros explores sale -sources By Milana Vinn Sept 27 (Reuters) - Pros Holdings Inc PRO.N , a U.S. provider of revenue management software to airlines and other industries that has struggled to become profitable, is exploring options that include a potential sale, according to people familiar with the matter.
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Wall St Week Ahead-Hopes of 'Goldilocks' economy, rate peak buoy US stocks

RPT-Wall St Week Ahead-Hopes of 'Goldilocks' economy, rate peak buoy US stocks Repeats July 28 story with no changes to text By David Randall NEW YORK, July 28 (Reuters) - A resilient U.S. economy and expectations of a nearing peak in the Federal Reserve’s monetary policy tightening cycle are emboldening stock investors, even as worries persist over rising valuations and the potential for inflation to rebound.
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U.S. stocks beaten back as bears counter-attack

LIVE MARKETS-U.S. stocks beaten back as bears counter-attack Main indexes close down: DJI ends off ~0.7%, ends win streak Real estate weakest S&P 500 sector; comm svcs sole gainer Dollar up; crude up ~1.5%; gold off ~1.5%; bitcoin off >1% U.S. 10-year Treasury yield jumps to ~4.01% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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For Fed rate cuts, you've got to get down to the core

LIVE MARKETS-For Fed rate cuts, you've got to get down to the core Main U.S. indexes higher: Nasdaq out front, up ~1.2% Comm svcs leads S&P 500 sector gainers; utilities weakest group Dollar up 0.7%; crude rising ~2%; gold off ~1.4%; bitcoin dips U.S. 10-year Treasury yield jumps to ~3.95% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Well-Fed: Data feast hints at soft landing

LIVE MARKETS-Well-Fed: Data feast hints at soft landing Main U.S. indexes higher: Nasdaq out front, up ~1.1% Comm svcs leads S&P 500 sector gainers; real estate weakest Euro STOXX 600 index up ~1.4% Dollar, crude up; gold, bitcoin decline U.S. 10-year Treasury yield jumps to ~3.95% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Shares and euro gain as ECB follows Fed with rate hike

GLOBAL MARKETS-Shares and euro gain as ECB follows Fed with rate hike Eyes on ECB on Thursday and BOJ on Friday MSCI ACWI at highest since April 2022 Dollar pressured after Fed, risk-attuned currencies jump Bond yields steady, oil prices higher Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Marc Jones LONDON, July 27 (Reuters) - World shares hit a 15-month high and the euro climbed on Thursday as the European Central Bank followed its U.S.
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Wall Street futures rise after Meta results, Fed optimism

US STOCKS-Wall Street futures rise after Meta results, Fed optimism For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Netflix up after reworking Microsoft pact - report Meta jumps on upbeat Q3 sales outlook US regulators to unveil plan for banks to build cash reserves Futures up: Dow 0.13%, S&P 0.57%, Nasdaq 1.2% Updated at 7:01 a.m.
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ECB to follow Fed hike, Meta surges

CORRECTED-MORNING BID AMERICAS-ECB to follow Fed hike, Meta surges Corrects corporate earnings diary to show Thursday's updates, not Friday's as previously. Deletes reference to Exxon and Chevron results A look at the day ahead in U.S. and global markets from Mike Dolan With markets still betting Wednesday's interest rate hike from the Federal Reserve was the last in the cycle, the European Central Bank is due to follow suit today - while Meta provided one of bright spots of a packed corporate e
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Shares and euro climb ahead of ECB rate meeting

GLOBAL MARKETS-Shares and euro climb ahead of ECB rate meeting All eyes on ECB on Thursday and BOJ on Friday MSCI ACWI at highest since April 2022 as Europe opens Dollar pressured after Fed hike, risk-attuned currencies jump Bond yields steady, oil prices higherGraphic: World FX rates http://tmsnrt.rs/2egbfVh By Marc Jones LONDON, July 27 (Reuters) - World shares were at a 15-month high and the euro climbed on Thursday as focus shifted from a widely-expected nudge up in U.S.
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