Wednesday, October 31, 2018

EBay beats quarterly profit on cost cut efforts, shares rise

EBay Inc beat analysts' estimates for third-quarter profit by managing costs at a time when bigger rival Amazon.com Inc missed revenue estimates and forecast sales below expectations for the holiday quarter.


from Reuters: Technology News https://ift.tt/2CUGBeO

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...