07:09 AM EDT, 09/04/2024 (MT Newswires) -- Snap (SNAP) plans to invest in its underperforming advertising business, focusing on augmented reality, Reuters reported late Tuesday, citing a note to employees by its chief executive officer, Evan Spiegel. Our advertising business is growing slower than our competitors, Spiegel said in the note, the report said. We are investing in creating augmented...

07:08 AM EDT, 09/04/2024 (MT Newswires) -- (Updates to add stock movement in last paragraph.) Nvidia ( NVDA ) is staring down the barrel of a federal investigation as an antitrust probe into its dominant position in the artificial intelligence business intensifies, Bloomberg reported Tuesday, citing people familiar with the matter. The US Department of Justice sent subpoena for additional...

07:10 AM EDT, 09/04/2024 (MT Newswires) -- The Bank of Canada (BoC) is widely expected to cut rates for a third consecutive meeting on Wednesday, at 9:45 a.m. ET, noted ING. The bank thinks the policy rate will be trimmed from 4.50% to 4.25%, in line with the consensus and market pricing. The BoC won't release a new set of...

07:14 AM EDT, 09/04/2024 (MT Newswires) -- Blackberry (BB.TO) on Tuesday announced the launch of HaleyTek's Generic Automotive Platform (GAP), a cockpit software platform. GAP provides access to an Android Automotive development environment, accelerating the time-to-market for next-generation infotainment systems, a statement noted. BlackBerry QNX is providing the QNX Hypervisor for Safety and QNX Sound platform for GAP, which will...