Technology

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon on Tuesday began laying off employees in its corporate and tech workforce as CEO Andy

Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking onstage at the 2022 Web Summit tech conference. Horacio Villalobos | Getty Images LISBON, Portugal — Once high-flying tech unicorns are now having their wings clipped as the era of easy money comes to an end. That was the message from the Web Summit tech

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New York Times. Separately, The Wall Street Journal also cited a source saying the company plans to lay off thousands of employees.

Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images The boss of cryptocurrency exchange Crypto.com took to YouTube Monday to reassure users of his platform after the stunning collapse of rival firm FTX sparked fears of a market contagion. In an “AMA”

SpaceX founder Elon Musk during a T-Mobile and SpaceX joint event on August 25, 2022 in Boca Chica Beach, Texas. Michael Gonzalez | Getty Images Elon Musk’s aerospace business SpaceX has ordered one of the larger advertising packages available from Twitter, the social media business he just acquired in a $44 billion deal and where

Sam Bankman-Fried, CEO and Founder of FTX, walks near the U.S. Capitol, in Washington, D.C., September 15, 2022. Graeme Sloan | Sipa via AP Images Sam Bankman-Fried told Reuters he is still in the Bahamas, as rumors swirled overnight that the disgraced ex-CEO of the now-bankrupt crypto exchange FTX had run off to South America.

In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images FTX — until recently one of the biggest crypto exchanges in the world — declared bankruptcy Friday after revelations

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk’s photo is seen through a Twitter logo in this illustration taken October 28, 2022. Dado Ruvic | Reuters On Friday, Twitter‘s new owner Elon Musk sent a companywide email to employees of the social media giant thanking them for working long hours since

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the image of Elon Musk is displayed on a computer screen and the logo of twitter on a mobile phone in Ankara, Turkiye on October 06, 2022. Muhammed Selim Korkutata | Anadolu Agency | Getty Images Twitter appears to have paused

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images Sam Bankman-Fried’s cryptocurrency exchange FTX has filed for Chapter 11 bankruptcy in the U.S., according

In this article TWTR TSLA Follow your favorite stocksCREATE FREE ACCOUNT Twitter’s new owner Elon Musk, who is also CEO of electric vehicle maker Tesla and U.S. defense contractor SpaceX, told employees of the social media business on Thursday that he recently sold shares of Tesla to “save Twitter.” He made the remarks during an

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Sofia Pitt, CNBC Apple said Thursday it will spend $450 million with U.S. companies to enable its new emergency satellite texting feature. The majority of that money will go to Globalstar, Apple said, a Louisiana-based company that operates the satellites that make the feature possible.

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. Nurphoto | Nurphoto | Getty Images When Elon Musk said last week that Twitter has experienced a “massive drop in revenue” under his recent tutelage, he blamed the decline

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg said in a letter

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022.  STR | Nurphoto | Getty Images Elon Musk has sold at least another $3.95 billion worth of shares in his

In this article GOOGL RNO-FR Follow your favorite stocksCREATE FREE ACCOUNT Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. Benjamin Girette | Bloomberg | Getty Images French automaker Renault is partnering with

Billionaire Chris Sacca Courtesy of Collision Conference Venture capitalist Chris Sacca, one of the first investors in Twitter and an early evangelist of the site, says Elon Musk needs people around him who are willing to “speak some truth to power,” because the company’s problems are too big for him to solve on his own. In

In this article META GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Voters cast ballots on election day at the Fairfax County Government Center polling location in Fairfax, Virginia, on November 2, 2021. Andrew Caballero-Reynolds | AFP | Getty Images Social media platforms including Meta’s Facebook and Instagram, Twitter, TikTok and Google’s YouTube are readying themselves

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT After a Covid outbreak at a Foxconn factory in Zhengzhou, China, some workers chose to go home. Pictured here are the shuttle buses on Oct. 30, 2022. VCG | Getty Images Apple said in a statement on Sunday that it has temporarily reduced iPhone 14

Elon Musk’s Twitter account displayed on a phone screen and Twitter logo displayed on a laptop screen are seen in this illustration photo taken in Krakow, Poland on November 1, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitter began rolling out changes to its platform for some users on Saturday in preparation for the