Musk looking to axe around half of Twitter’s workforce Employees file class action against Twitter Staff lose access to systems Volkswagen pulls ads Nov 4 (Reuters) – Twitter Inc started a major round of layoffs on Friday, alerting employees of their job status by email […]
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Musk begins his Twitter ownership with firings, declares the ‘bird is freed’
Musk says the “bird is freed” after $44 billion deal Musk fires Twitter CEO, CFO, legal affairs and policy chief Some Twitter users flag willingness to walk away Oct 28 (Reuters) – Elon Musk has taken ownership of Twitter Inc (TWTR.N) with brutal efficiency, firing […]
Meta says it will challenge $175 mln patent verdict over video technology
REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Summary Companies Law firms Walkie-talkie app maker said Meta copied tech for Facebook Live Jury found Meta violated video-streaming, messaging patents (Reuters) – Facebook parent Meta Platforms Inc said it will appeal a nearly […]
Tesla shares slip as 3-1 stock split kicks in
Aug 25 (Reuters) – Tesla Inc’s (TSLA.O) shares slipped on Thursday as a three-for-one stock split announced by the world’s most valuable automaker to woo retail investors took effect. Shares of the electric-car maker, led by Elon Musk, opened at $302 and dipped to $293 […]
Wall St ends tumultuous week with strong rally as rate hike fears wane
Banks have biggest percent gain in 18 months Citigroup jumps after results S&P, Dow end five-day losing streaks Retail sales beats estimates Indexes up: Dow 2.15%, S&P 1.92%, Nasdaq 1.79% NEW YORK, July 15 (Reuters) – U.S. stocks closed sharply higher on Friday, ending several […]
Google ordered to pay Australian politician over defamatory YouTube videos
SYDNEY, June 6 (Reuters) – An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its failure to take down a YouTuber’s “relentless, racist, vilificatory, abusive and defamatory campaign” of videos drove him out of politics. The Federal Court found […]