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Oracle tops quarterly profit estimates on AI demand, shares surge, ET Telecom

Oracle: The 46-year-old database giant has been trying to reinvent itself as a cloud-computing provider by offering services cheaper than those of rivals such as Amazon.com. ....

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Roblox forecasts strong 2024 bookings; in-game spending gets holiday boost

Gaming platform Roblox forecast annual bookings above estimates on Wednesday after it crossed $1 billion in quarterly bookings for the first time on higher in-game spending during the holiday season, sending its shares up 15% before the bell. In a positive sign for the gaming industry, the global video game market is anticipated to grow 2.8% this year, as it expects robust sales of Microsoft's Xbox and Sony's PlayStation 5 consoles, according to research firm NewZoo. Roblox forecast annual bookings, generated from in-game purchases of virtual currency "Robux", between $4.14 billion and $4.28 billion, above the estimate of $4.03 billion, according to LSEG data. ....

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Google's court loss to Epic Games may cost billions but final outcome years away

Google's court loss to Epic Games may cost billions but final outcome years away
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Google's court loss to Epic Games may cost billions but final outcome years away | WKZO | Everything Kalamazoo

By Jaspreet Singh and Harshita Mary Varghese (Reuters) - Google's stunning defeat in a legal battle with "Fortnite" maker Epic Games may clear the way. ....

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Google's court loss to Epic Games may cost billions but final outcome years away

By Jaspreet Singh and Harshita Mary Varghese (Reuters) - Google's stunning defeat in a legal battle with "Fortnite" maker Epic Games may clear the way. ....

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