Twitter Is Drafting Broad Job Cuts in Whirlwind First Weekend Under Elon Musk
Twitter Inc. drafted plans for broad layoffs as part of a whirlwind several days in which new boss Elon Musk...
Technology
Taylor Swift’s ‘Midnights’ Breaks Album Sales Records in First Week
ArtsMusicThe artist’s new record sold 1.58 million copies, including 575,000 vinyl LPs, and marks the third-largest streaming week for a...
Elon Musk Takes Twitter Helm as Social Media Sputters
With his six-month takeover saga behind him, Elon Musk now takes on the work of righting Twitter Inc.’s ship in...
Pfizer, Uber and Starbucks Highlight Another Busy Earnings Week
Pfizer Inc., PFE 3.69% Uber UBER -1.15% Technologies Inc. and Starbucks Corp. SBUX 2.13% are among the heavyweights headlining another...
Why the Future of the Computer Is Everywhere, All the Time
Imagine this scenario in the not-too-distant future. You’re awakened at 6:11 a.m. by the gentle sounds of tinkling bells and...
Tech Boom Ends as Companies From Amazon to Meta Adjust to Turbulent Times
A week of earnings by big technology companies has been a rout for investors, as recession fears and the strong...
WSJ News Exclusive | Fast-Fashion Juggernaut Shein’s Sales Close In on Zara, H&M
Online retailer Shein is on track to generate revenue of $24 billion this year, according to people close to the...
Elon Musk Twitter Deal Completed, CEO and CFO Immediately Fired
Elon Musk fired several Twitter Inc. executives after completing his takeover of the company, according to people familiar with the...
Amazon Shares Skid After It Gives Weak Outlook Amid Recession Fears
With demand slowing, Amazon has been subleasing millions of square feet of excess warehouse space. Photo: Sebastian Hidalgo for The...
Facebook Parent Meta’s Earnings Fall Short as Revenue Decline Accelerates
Facebook parent Meta Platforms Inc. META -5.59% posted its second revenue decline in a row, as the social-media giant wrestles...
Chip Maker SK Hynix Slashes Capital Spending
SEOUL—SK Hynix Inc., one of the world’s biggest chip makers by revenue, halved its planned investments for next year due...
WSJ News Exclusive | Juul Discusses a Possible Bailout With Two of Its Biggest Investors
Juul Labs Inc. is in talks with two of its biggest investors on a bailout that could help the e-cigarette...
Companies Take Different Strategies to Navigate High Inflation
The first batch of earnings reports from companies for the September quarter show that corporate profit margins are feeling the...
Facebook Says It Is Prepared to Block News Content in Canada
OTTAWA— Facebook META -1.16% owner Meta Platforms Inc. has warned Canada it is prepared to block the sharing of Canadian...
The War to Define What Work Looks Like
Employees at General Motors Co. balked at a request to return to the office. At Meta Platforms Inc., META -1.16%...
WSJ News Exclusive | Elon Musk’s Twitter Takeover Debt to Be Held by Banks Amid Turbulent Markets
Banks that committed to help finance Elon Musk’s takeover of Twitter Inc. plan to hold all $13 billion of debt...
Snap Stock Slumps Premarket as Sales Growth Shrinks, Advertisers Cut Spending
Snap, SNAP -0.64% in an investor letter Thursday, said it is operating on an assumption of no revenue growth this...
Netflix Gains 2.4 Million New Subscribers, Reversing Trend
Netflix Inc. NFLX -1.73% snapped back to subscriber growth in the third quarter, giving the streaming giant a jolt as...
Amazon Workers Reject Union in Vote at Upstate New York Warehouse
Amazon.com Inc. AMZN 2.26% workers in upstate New York voted against unionizing, a setback for labor activists trying to expand...
Kanye West to Buy Parler, a Libertarian Social-Media Platform, Company Says
Parler says Kanye West has agreed to buy the libertarian-leaning social network popular with conservatives, the rapper’s latest foray into...
