Tesla Board’s View That Elon Musk Is Irreplaceable Emerged in Pay Trial
The directors’ desire to keep the serial entrepreneur focused on the car maker contributed to the pursuit of a multibillion-dollar...
Technology
Elon Musk Launches Twitter Poll About Reinstating Donald Trump’s Account
TechTwitter boss shared details of company’s speech policy, tweeted that some accounts would be reinstated Source link
Twitter’s Mass Resignations Test Elon Musk’s Management Playbook
Mr. Musk has tried to frame demands for long hours of ’hardcore’ work at Twitter in altruistic terms but it...
Tim Draper Touts Decision to Pull Out of China
TechSilicon Valley investor is looking toward Taiwan, while dismissing China’s Xi Jinping as a ‘weak leader’ for tightening controls on...
CEO in Charge of FTX Restructuring Calls Case an ‘Unprecedented’ Mess
The crypto exchange exhibited a “complete failure of corporate controls,” former Enron chief John Ray said in his first detailed...
Tencent Slashes Meituan Stake Worth $20 Billion, Posts Revenue Drop
BusinessEarningsChinese social-media giant plans to distribute food-delivery company’s shares as special dividend to Tencent shareholders Source link
Elon Musk Recently Floated Possibility of Having a Successor at Tesla, a Board Member Says
TechTestimony came after Mr. Musk said he expected to find a new person to run social-media company Twitter Source link
Amazon to Cut 10,000 Employees From Corporate Ranks
Amazon said it is laying off employees across its corporate ranks, in a rare round of cuts for a tech...
Buffett-Backed Electric-Car Giant BYD Halts Spinoff of Chip Unit
BusinessChinese company says IPO shelved to focus on booming electric-vehicle demand as chip bottleneck persists Source link
Taylor Swift’s Concert Ticket Sales Plagued by Ticketmaster Delays
BusinessFans report frustration and inability to get tickets for singer’s first concert in five years Source link
Meta, Lyft, Salesforce and Other Tech Firms Dump Office Space as They Downsize
Real EstateRetreat is a blow to office market and to many cities, which have relied on sector’s real estate appetite...
Apple, Fortnite Battle Moves Before Appeals Court Over App Store Monopoly Claims
Three judges are hearing the high-profile case that now includes the Justice Department and could determine the fate of the...
Amazon Set to Lay Off Thousands of Corporate Workers
The layoffs are targeted for corporate employees and could primarily affect Amazon’s devices business, as well as human resources and...
Bankrupt Crypto Exchange FTX Probing Unauthorized Transactions
MarketsCurrenciesCryptocurrencyMore than $370 million worth of crypto funds appears to be missing, according to risk-management firm Elliptic Source link
WSJ News Exclusive | Alameda, FTX Executives Are Said to Have Known FTX Was Using Customer Funds
Alameda Research CEO and senior FTX officials are said to have known that FTX had lent its customers’ money to...
Walmart Is Flexing Its Muscle Again
America’s biggest retailer has a new message for its suppliers: We’re not going to pay higher prices anymore.Walmart Inc. Chief...
Twitter’s Advertising Exodus Accelerates, Despite Outreach From Elon Musk
Ad giant Omnicom joins other agencies in recommending brands pause spending, and some companies halt discussions for annual contracts. Source...
Twitter Stops Giving Out Blue Check Marks After Impersonators Take to the Platform
Updated Nov. 11, 2022 9:34 pm ETListen to article(2 minutes)Twitter Inc. appears to have stopped offering its paid subscription service...
FTX Files for Bankruptcy; Sam Bankman-Fried Steps Down as CEO
The cryptocurrency platform said Sam Bankman-Fried would remain at the company to assist with an orderly transition and it would...
SoftBank Posts Profit of More Than $21 Billion After Selling Alibaba Shares
TechShare sale more than offsets losses at SoftBank’s Vision Funds Source link
