Activist investor Elliott Investment Management has taken a substantial stake in Salesforce, amid job cuts and a hefty fall in share price at the software company. According to multiple reports, Elliott took… Read more ›
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Microsoft will lay off 10,000 employees as part of cost-cutting measures, the company said in a securities filing this week. The company became the latest tech giant to announce massive job losses,… Read more ›
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Tesla staged a 2016 video used to promote self driving technology in its cars, according to a testimony by a senior engineer at the company. The 2016 video, which shows capabilities such… Read more ›
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The European Union is ready to challenge Microsoft’s proposed $69 billion deal to buy video game producer Activision Blizzard, potentially making it even more difficult for the tech giant to complete the… Read more ›
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A Swedish mining company has discovered Europe’s largest deposit of rare earths — minerals used to make products like smartphones and electric vehicles. In 2021, 98% of rare earths used in the… Read more ›
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Microsoft is reportedly planning to invest $10 billion in OpenAI, the company behind the artificial intelligence tool ChatGPT. A report from Semafor suggests the investment is part of a funding round with… Read more ›
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Jack Ma, the billionaire founder of Ant Group, is to cede control of the Chinese fintech company following a regulatory crackdown. Ant Group, which runs Alipay, the main online payment system in… Read more ›
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Amazon has revealed plans to lay off more than 18,000 employees in response to worsening global economic conditions. A memo shared by Amazon CEO Andy Jassy with employees states several teams within… Read more ›
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Microsoft has recognized its first labor union in the United States, after employees at the videogame production company ZeniMax Studios overwhelmingly voted to unionize. ZeniMax produces the popular video games The Elder… Read more ›
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SpaceX is raising $750 million in a new round of funding that would value the company at $137 billion, according to a report by CNBC. The reusable rocket maker raised $2 billion… Read more ›
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Elon Musk has announced he will abide by the results of a Twitter poll he posted and resign from his position as CEO of the social media company, but only when he… Read more ›
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The Federal Trade Commission has ordered video game company Epic Games to pay a total of $520 million in penalties and refunds, after complaints involving the privacy of children and tricking players… Read more ›
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Chinese companies have handed U.S. regulators access to audit papers for the first time, easing fears that tech giants like Alibaba and JD.com will be kicked off the country’s stock exchanges. The… Read more ›
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Elon Musk has sold another $3.6 billion worth of shares in electric car maker Tesla, bringing the total value of shares he has sold in the company this year to more than… Read more ›
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Scientists at the National Ignition Facility at the Lawrence Livermore National Laboratory in California have reportedly made a breakthrough in their mission to unlock the potentially limitless energy of nuclear fusion, by… Read more ›
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Apple has announced it will offer users the ability to encrypt iCloud data on its servers, including backups, photos and notes. The new feature, called Advanced Data Protection, will prevent Apple from… Read more ›
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Meta, the parent company of Facebook, has been recommended by its own Oversight Board that its system of applying different moderation rules to VIP users risks harming everyday users. A nearly-50-page advisory… Read more ›
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Delivery company DoorDash has announced it will cut 1,250 jobs, as it becomes the latest major technology player to reel in spending. DoorDash CEO Tony Xu wrote in a note to employees… Read more ›
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Retailers in the United States enjoyed record-setting online sales on Black Friday, despite concerns over inflated prices and a looming recession. Consumers spent $9.12 billion on Friday, according to Adobe Analytics, an… Read more ›
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Bitcoin hit a two-year-low on Tuesday, as the cryptocurrency market struggles to recover from the collapse of one of its biggest exchanges, FTX. The price of a single Bitcoin hit $15,480 this… Read more ›
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Most popular sources
Business Insider
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21% 12 |
Wired
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10% 6 |
The Verge
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8% 2 |
Android Authority
|
7% 4 |
Tech Wire Asia
|
7% 3 |
| View sources » | |
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27.11.2024 05:39
Last update: 05:30 EDT.
News rating updated: 12:32.
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