11:00 AM EDT, 05/08/2024 (MT Newswires) -- Twilio's ( TWLO ) Q1 results potentially marked the start of a long and winding road to recovery, Macquarie said Wednesday. Late Tuesday, the company reported Q1 revenue of $1.05 billion, up from $1.01 billion a year earlier. Analysts surveyed by Capital IQ expected $1.03 billion. The better-than-expected revenue was one of the...

LONDON, May 8 (Reuters) - Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant's business practices. The lawsuit seeks damages of up to 13.6 billion pounds ($16.9 billion) on behalf of publishers of websites...

Lyft, Inc. ( LYFT ) shares are trading higher Wednesday after the company posted better-than-expected first-quarter financial results. Here's a look at what's going on.  What To Know: Lyft ( LYFT ) reported quarterly adjusted earnings of 15 cents per share which beat the analyst consensus estimate of 3 cents per share. Quarterly sales came in at $1.28 billion which...

LONDON, May 8 (Reuters) - Google Deepmind has unveiled the third major version of its AlphaFold artificial intelligence model, designed to help scientists design drugs and target disease more effectively. In 2020, the company made a significant advance in molecular biology by using AI to successfully predict the behaviour of microscopic proteins. With the latest incarnation of AlphaFold, researchers at...