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EA holiday-quarter revenue forecast misses on ‘Battlefield V’ delay

Electronic Arts Inc forecast third-quarter revenue below Wall Street estimates on Tuesday, as the video-game publisher’s delayed launch of its …read more Source: Reuters Tech News

EV maker Faraday Future’s co-founder Nick Sampson steps down

Chinese electric vehicle developer Faraday Future said on Tuesday its co-founder Nick Sampson has resigned, a week after the cash-starved …read more Source: Reuters Tech News

China’s Baidu tops revenue estimates, helped by AI

Baidu Inc reported higher-than-expected third quarter revenue as China’s biggest search engine operator places more emphasis on artificial intelligence (AI) …read more Source: Reuters Tech News

EBay forecasts fourth-quarter profit above estimates, shares rise

EBay Inc said on Tuesday it expects fourth-quarter profit above analysts’ estimates, at a time when bigger rival Amazon.com Inc …read more Source: Reuters Tech News

Same-day delivery company Deliv raises $40 million in latest funding round

Deliv Inc, an Uber-like startup that uses a fleet of contract drivers to pick up online orders from stores and …read more Source: Reuters Tech News

Waymo gets first California OK for driverless testing without backup driver

Alphabet Inc’s Waymo unit on Tuesday became the first company to receive a permit from the state of California …read more Source: Reuters Tech News

EBay’s quarterly revenue rises 6 percent

EBay Inc reported a 6 percent rise in third-quarter revenue on Tuesday, as tweaks to its websites and a focus …read more Source: Reuters Tech News

Facebook’s rise in profit outweighs slow user, sales growth

Facebook Inc on Tuesday beat profit estimates but missed targets for growing monthly users and reported its slowest revenue …read more Source: Reuters Tech News

Waymo gets California OK to test driverless vehicles without backup driver

Alphabet Inc’s Waymo unit on Tuesday became the first company to receive a permit from the state of California to …read more Source: Reuters Tech News

China’s Baidu posts 27 percent revenue growth, beats estimates

China’s biggest search engine operator Baidu Inc reported 27 percent growth in third-quarter revenue on Tuesday, beating analyst expectations, helped …read more Source: Reuters Tech News