Twitter has closed its offices until next week, amid reports that hundreds of employees have resigned following an ultimatum by new owner Elon Musk. Employees at the company were told offices would… Read more ›
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Amazon has begun laying off employees, amid reports this week that the tech giant is planning to cut 10,000 jobs. LinkedIn posts by workers affected by the cuts were first reported on… Read more ›
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Volatility in the cryptocurrency markets is nothing new. In May, markets suffered a $2 trillion crash, and have slowly recovered. But news that the world’s second largest crypto exchange was on the… Read more ›
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Facebook’s parent company Meta is to cut 11,000 jobs following a catastrophic drop in revenue. The company’s CEO Mark Zuckerberg said in a note to staff that Meta had become overstaffed and… Read more ›
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Several prominent technology companies have announced either hiring freezes or significant cuts in workforce this week, as the industry continues to grapple with difficult economic conditions. Social media giant is said to… Read more ›
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The Chinese social video app TikTok has confirmed that some of its employees in China are able to access the data of accounts in the European Union. The company will update its… Read more ›
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Elon Musk completed his deal to buy the social media giant Twitter last week, and has already begun implementing changes. The billionaire has installed himself as CEO, dismantled the company’s board of… Read more ›
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Tech giants Alphabet and Microsoft both posted disappointing third quarter earnings reports this week, proof that even the largest companies in the sector are not immune to the current global economic strife. … Read more ›
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Tesla has cut prices of its cars in China, as the electric car manufacturer faces increased competition and slowing demand. This week Tesla’s Chinese website offered a Model 3 sedan at a… Read more ›
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Elon Musk plans to cut the workforce of Twitter by 75% if he finalizes his deal to buy the company, according to a report from the Washington Post. Twitter has already announced… Read more ›
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Shares in Netflix jumped this week after the streamer revealed it added more than 2.4 million subscribers in the third quarter, putting an emphatic end to a streak of customer losses. The… Read more ›
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Apple has paused plans to use memory chips manufactured by Yangtze Memory Technologies Co (YTMC), the largest memory chip maker in China, after US trade sanctions targeted the company, according to reports. … Read more ›
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Netflix has launched a new, cheaper streaming option which includes adverts, as it fights to maintain subscriber numbers. The plan will be rolled out in 12 countries including the U.S., the U.K.,… Read more ›
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Share prices of Uber, Lyft and DoorDash dropped heavily on Tuesday after the United States Department of Labor announced a proposal to change the way workers are classified, something that would drastically… Read more ›
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Amazon will spend €1 billion over the next five years to electrify its delivery fleet in Europe, Reuters has reported. Currently the e-commerce giant has around 3,000 zero-emission last-mile delivery vans in… Read more ›
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Kathleen McCormick, the judge overseeing the Twitter v Elon Musk trial, says the case is still set to go ahead later this month, despite Musk’s apparent willingness to now complete his deal… Read more ›
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The South Korean search giant Naver has agreed to acquire fashion marketplace Poshmark for $1.2 billion in cash. The deal values the company’s shares at $17.90, a 15% premium on yesterday’s closing… Read more ›
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Mobileye, the self-driving technology company owned by Intel, has filed for an IPO. An SEC filing shows the Israel-based company, which was acquired by Intel for $15.3 billion in 2017, intends to… Read more ›
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Google has announced it is shutting down its cloud gaming service Stadia, just three years after its launch. The service was touted as a “Netflix for games” and allowed gamers to stream… Read more ›
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Porsche made its stock market debut on Thursday, in one of Europe’s biggest ever public offerings. The IPO, which values the automaker at around 75 billion euros, appears to have been a… 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
|
8% 2 |
Android Authority
|
7% 4 |
Tech Wire Asia
|
7% 3 |
| View sources » | |
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27.11.2024 05:37
Last update: 05:30 EDT.
News rating updated: 12:32.
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