Omnicom CEO Wants to Embrace Generative AI as Quickly as Possible
Advertising holding company
Omnicom Group Inc.
sounded bullish on the future of generative artificial…
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Eyeliner Out of Stock? Blame TikTok
Sonya Dube went to buy more of one of her favorite makeup products, a
Charlotte Tilbury
highlighter, this summer only to find…
How Elon Musk’s Twitter Faces Mountain of Debt, Falling Revenue and Surging Costs
To make the deal work, Mr. Musk has been trying to add subscription revenue and reassure advertisers about the platform’s future. Twitter was losing money…
Qualcomm CFO Focuses on Investing in Budding Automotive Business
Qualcomm Inc.’s
finance chief
Akash Palkhiwala
is weighing how much to allocate toward the…
Direct-to-Consumer Sales Are Fueling Supply-Chain Tech Growth
The push by consumer-goods suppliers to sell directly to consumers is giving a boost to technology companies that help untangle the complexities of retail…
Instacart Prepares for IPO Amid Volatile Markets, Changing Consumers
Instacart Inc.’s plans to launch a public offering puts the grocery-delivery company up against this year’s volatile stock market and longer-term questions…
Tesla Among Biggest Losers as China’s Car Sales Fall on Covid Lockdowns
HONG KONG—Car sales in China declined 36% in April from a year earlier, the worst fall in more than two years, as weekslong anti-Covid lockdowns in parts of…
Peloton Shares Slide as Losses Mount, Sales Slow
Peloton Interactive Inc. recorded its biggest quarterly loss as a public company and said it raised $750 million to help sustain the business amid mounting…
Nvidia Agrees to Pay $5.5 Million to Settle SEC Cryptomining Case
WASHINGTON—
Nvidia Corp.
has agreed to pay $5.5 million to settle a regulatory investigation that found…
Uber Revenue More Than Doubles as People Ride More and Keep Ordering In
Uber Technologies Inc.’s
UBER -3.03%
revenue more than doubled last quarter, as demand for rides…