Coupang falls after disappointing retail sales in third quarter

Coupang falls after disappointing retail sales in third quarter

COUPANG slid in late trading on Tuesday (Nov 5) after reporting retail net sales that fell short of Wall Street’s expectations. Net sales totalled US$6.14 billion, up from a year earlier but below analysts’ estimates of US$6.24 billion. Operating income totalled US$109 million, also slipping below projections. Net income fell in the quarter, reflecting losses…

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Prince’s Sister Tyka Nelson Dead at 64 – E! Online

Prince’s Sister Tyka Nelson Dead at 64 – E! Online

Prince’s family is mourning a great loss. The late singer’s sister Tyka Nelson, who was a musician in her own right, died Nov. 4, a rep for the Prince estate confirmed to E! News. She was 64.  “We are incredibly saddened to hear about the passing of Tyka Nelson,” Primary Wave shared in a statement on…

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EU Investigates NVIDIA Deal With Run:ai

EU Investigates NVIDIA Deal With Run:ai

The European Commission recently announced investigations into NVIDIA’s proposed acquisition of Run:ai, an Israel-based provider of a compute management platform, and Apple’s iPadOS to assess compliance with the bloc’s Digital Markets Act. GPU supplier NVIDIA announced its plans to buy Run:ai in April, which it said was “to help customers make more efficient use of…

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