Meta to Wind Down Authorized Sales Partner Program, Entravision Says
Entravision Communications, one of Meta's authorized sales partners, said the social-media company plans to wind down its program and end its relationships with ASPs by July 1.
Ericsson Names New Compliance Chief
The Swedish company is combining its compliance and investigations teams under one executive as it serves a probation period imposed by the U.S. Justice Department.
Ross Stores says that housing and food costs continue to pressure its customers
Ross Stores Inc. late Tuesday blew past expectations for its holiday quarter but spooked investors by saying that higher costs of living continue to pressure its customers.
CrowdStrike's stock soars as earnings impress in face of cybersecurity jitters
Earnings from some cybersecurity peers this quarter were met with negative reactions, but CrowdStrike's earnings seemed to wow Wall Street.
Box posts first $1 billion fiscal year as AI sales pick up, sending stock flying
Box Inc.'s stock was up more than 13% Tuesday after the software firm reported its first $1 billion fiscal year and announced a $100 million share-buyback program.
ThredUp Looks to Match Europe, U.S. Operations
The online thrift store has decided to move away from purchasing inventory and instead grow its consignment revenue in Europe, Chief Executive James Reinhart said.
Tesla Halts Production in Germany After Arson Attack
Police said they believe opponents of the factory's planned expansion set a high-voltage pylon ablaze overnight, knocking down power across the region.
AI Search Startup Perplexity Set to Double Valuation to $1 Billion
The funding round comes just a few months after the company's most recent financing and reflects the race among investors to capitalize on AI.
Target Aims for Turnaround After First Sales Decline Since 2016
Shares rebound after the retailer says it is working to boost shopper traffic and profit in 2024.
China Sales of Tesla, Other EV Makers Hit the Skids in February
Shipments by Tesla and other electric vehicle makers tumbled in China, hurt by weaker demand during the Lunar New Year holiday and rising competition.
(END) Dow Jones Newswires
03-05-24 1915ET