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Waymo gets green light for LA robotaxi service despite city objections
Proactive Investors· 2024-03-04 11:31
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Facebook to stop paying US and Australian publishers as its scraps dedicated news tab
Proactive Investors· 2024-03-01 16:57
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Ryanair confirms Boeing aircraft delays, fare hikes expected
Proactive Investors· 2024-03-01 09:31
Ryanair Holdings PLC (LSE:RYA) has confirmed it will receive only 40 deliveries of the Boeing 737 aircraft out of an expected 57 in June 2024. “This will cause some minor schedule changes in the context of Ryanair’s 600 aircraft fleet and will reduce frequencies on existing routes rather than cutting new routes,” the budget carrier said in a statement. The reduction in deliveries is another blow to US aerospace group Boeing’s reputation since a dramatic mid-air blowout caused a door to fly off during an Ala ...
Tesla can be sued by thousands in race bias case, judge rules
Proactive Investors· 2024-02-29 16:58
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Electronic Arts cuts workforce by 5%, cancels Star Wars game
Proactive Investors· 2024-02-29 15:33
Gaming giant Electronic Arts is Inc reducing its workforce by 5% as part of a broader restructuring plan to limit costs across the company’s operations. According to the latest numbers published in May 2023, EA employs 16,400, meaning around 670 employees will be laid off. EA is expected to incur between $125 million and $165 million in total charges in connection with the restructuring. In a letter to employees, chief executive Andrew Wilson announced that EA will also be “sunsetting games” while “moving a ...
Facebook parent Meta facing EU data privacy complaints again
Proactive Investors· 2024-02-29 11:47
Facebook parent Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has been targeted by eight European Union consumer groups, alleging the company's data collection practices breach GDPR rules. These complaints, filed in countries including the Czech Republic, Denmark, France, and Spain, accuse Meta of failing to adhere to GDPR's fair processing and data minimisation standards. The European Consumer Organisation (BEUC) accused Meta’s ‘pay-or-consent’ business model of being a “smokescreen to obscure (the) r ...
Snowflake falls as boss' surpise departure overshadows results
Proactive Investors· 2024-02-29 11:25
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Salesforce's solid quarter marred by conservative forecast
Proactive Investors· 2024-02-28 21:29
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Google facing $2.3 billion lawsuit over unfair ad practice claims
Proactive Investors· 2024-02-28 17:07
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Apple abandons decade-long electric car project
Proactive Investors· 2024-02-27 22:00
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...