Corporate

21 January 2023

The decline of a longstanding stalwart came amid unsettling economic trends. Apple marked a grim milestone this week, falling about...

Twitter hacked, 200 million email addresses leaked

Corporate

Here’s what Twitter lost in advertising revenue in the final months of 2022

20 January 2023

Top advertisers on Twitter slashed their spending after Elon Musk's takeover, according to estimates compiled for Reuters by research firm...

Microsoft in talks to invest $10 bln in ChatGPT

Corporate

Microsoft to cut 10,000 jobs in March as tech firms, including Amazon, thin ranks

19 January 2023

Sector reacts to post-pandemic shift in digital spending and gloomy economic outlook for 2023 Microsoft is cutting 10,000 jobs as...

Corporate

Tesla’s video promoting self-driving was staged, engineer testifies

18 January 2023

A 2016 video that Tesla (TSLA.O) used to promote its self-driving technology was staged to show capabilities like stopping at a red...

Corporate

Tesla under fire in Germany over union concerns on working hours, contracts

16 January 2023

Tesla (TSLA.O) has come under fire from German union IG Metall and politicians over allegations by workers of unreasonable working hours and...

Corporate

Trump Organization to be sentenced for tax fraud and faces fine

The stiffest penalty Donald Trump’s company could receive when it is sentenced Friday by a New York judge for helping...

Corporate

Tesla cuts prices in the U.S. and Europe to stoke sales after lacklustre year-end deliveries

The move in the U.S. may help Tesla qualify for more federal EV tax credits, and stoke sales volume here...

Corporate

A millennial founder who sold her company to JP Morgan for $175 million allegedly paid a college professor $18K to fabricate 4 million accounts.

A fintech startup bought by JP Morgan Chase for millions may have been built on a bed of lies, according...

Corporate

Apple CEO Tim Cook requests and receives a 40% pay cut after the shareholder vote