Shares of Netflix sank more than 20% in extended trading after a big miss on subscribers in the first quarter.
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Netflix hit with 10 downgrades as Wall Street analysts bail after ‘shocking’ subscriber loss
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AI voice startup ElevenLabs pushes global expansion as it gears up for an IPO
Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI. Sopa Images | Lightrocket | Getty Images LONDON — ElevenLabs, a London-based startup that specializes in generating synthetic voices through artificial intelligence, has revealed plans to be IPO-ready within five years. The […]
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U.S. lifts chip software curbs on China amid trade truce, Synopsys says
Synopsys logo is seen displayed on a smartphone with the flag of China in the background. Sopa Images | Lightrocket | Getty Images The U.S. government has rescinded its export restrictions on chip design software to China, U.S.-based Synopsys announced Thursday. “Synopsys is working to restore access to the recently restricted products in China,” it […]
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Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index
The Datadog stand is being displayed on day one of the AWS Summit Seoul 2024 at the COEX Convention and Exhibition Center in Seoul, South Korea, on May 16, 2024. Chris Jung | Nurphoto | Getty Images Datadog shares were up 10% in extended trading on Wednesday after S&P Global said the monitoring software provider […]
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