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Elon Musk says Twitter's cash flow still negative as ad revenue drops

Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load.

Xi Jinping calls for 'solid' security barrier around China's internet

Chinese President Xi Jinping said China must build a "solid" security barrier around its internet under the supervision of the ruling Communist Party, in his latest call to safeguard online data and information.

US chip CEOs plan Washington trip to talk China policy

The chief executives of Intel Corp and Qualcomm Inc are planning to visit Washington next week to discuss China policy, according to two sources familiar with the matter.

Malaysia's Maxis agrees to use state-run 5G network

Malaysian mobile operator Maxis Bhd said it will sign an agreement to access the country's state-run 5G network, the last major carrier to get on board a contentious rollout.

Roblox business chief to depart

Roblox Chief Business Officer Craig Donato is leaving gaming and metaverse company Roblox , the company told Reuters on Friday.

U.S. appeals court refuses FTC request to pause Microsoft deal for Activision

A U.S. appeals court on Friday rejected the Federal Trade Commission's request to pause Microsoft's $69 billion purchase of "Call of Duty" maker Activision Blizzard .

Telecoms contractor QualTek emerges from bankruptcy

Telecommunications and power contractor QualTek Services said on Friday that it has emerged from bankruptcy after it reduced its debt by about $307 million through a restructuring deal.

Black Mirror: Actors and Hollywood battle over AI digital doubles

Like a plot from the anthology television series "Black Mirror," the Screen Actors Guild says it is battling the studios for control over the digital replicas of performers that could be used "for the rest of eternity."

US House to weigh bill allowing older pilots, other aviation reforms

The U.S. House of Representatives is set to vote next week on legislation to raise the mandatory commercial pilot retirement age to 67 from 65 and make other aviation reforms, Republican House leaders said Friday.

Elon Musk says xAI will examine universe, work with Twitter and Tesla

Elon Musk on Friday said the purpose of his new artificial intelligence company, xAI, will be to "understand the universe."

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