Do spam bots really comprise under 5% of Twitter users? Elon Musk wants to know

investing.com By Sheila Dang, Katie Paul and Dawn Chmielewski - Since 2013, Twitter (NYSE:TWTR) has downplayed the spread of fake accounts on its platform, holding that "false or spam" accounts make up less than 5% of its user...

Tech firms ask U.S. Supreme Court to block Texas social media law

investing.com WASHINGTON - Lobbying groups representing Facebook (NASDAQ:FB), Twitter (NYSE:TWTR), Google (NASDAQ:GOOGL) and other tech companies filed an emergency request with the U.S. Supreme Court on Friday, seeking to block...

Aircraft lessor SMBC Aviation nears $7 billion deal for rival Goshawk, sources say

investing.com By Anirban Sen and David French - SMBC Aviation Capital, one of the world's biggest aircraft lessors, is nearing a deal to acquire smaller rival Goshawk for about $7 billion, including debt, people familiar with the...

U.S. pension fund sues Credit Suisse board over losses in Archegos collapse

investing.com By Jody Godoy - A Rhode Island pension fund has sued Credit Suisse (SIX:CSGN) Group AG former Chairman Urs Rohner and 19 other directors and executives, alleging their failure to manage risk doomed the bank's prime...

Paris Suspends Use of Bollore's Electric Buses Following Fires

investing.com According to a report by Reuters, the public transport operator RATP, in Paris, temporarily suspended the use of 149 electric buses made by Bollore's Bluebus brand after two of the vehicles caught fire."The RATP has...

HSBC's top shareholder calls for banking giant's break-up

investing.com - HSBC Holdings (NYSE:HSBC)'s largest shareholder, Chinese insurance giant Ping An, has called for the British bank to break itself up, the Financial Times reported on Friday.Ping An has set out its plan for a...

Belite Bio IPO More than Doubles on Open

investing.com Today's IPO for Belite Bio, Inc opened trading at $12.50 after pricing 6 million American Depositary Shares (ADSs) at a public offering price per ADS of $6.00.The Benchmark Company, LLC is acting as sole...

Five9 Stock Surges After Smashing Estimates, Strong Beat Fueled by the Largest Deal in its History

investing.com Shares of Five9 are up more than 7% in pre-open Friday after the company reported results that easily topped analyst estimates.FIVN reported a first-quarter EPS of $0.22, topping the consensus estimates of $0.13 per...

A Robin in the Coal Mine': Robinhood Stock Plunges 10% on Weak Earnings, Analyst Says Company Remains a 'Show Me Story'

investing.com Shares of Robinhood are down nearly 11% in premarket trading Friday after the company reported disappointing first quarter results.HOOD reported Q1 net revenue of $299 million, well below the consensus estimates of...