Twitter Investors Back Musk’s Takeover Bid After Whistleblower Testifies in Congress
WASHINGTON— Twitter Inc. TWTR 1.61% investors backed Elon Musk’s $44 billion takeover that the billionaire is trying to abandon on...
Technology
Rent the Runway to Reduce Workforce as More Customers Pause Their Subscriptions
Rent the Runway Inc. RENT 10.04% said it would reduce its corporate workforce by 24%, primarily through layoffs, as the...
Activist Investor Dan Loeb Backs Off Pushing Disney to Sell ESPN
Activist investor Dan Loeb signaled Sunday morning on Twitter that he is backing off his push to persuade Walt Disney...
TV Networks Have a New Role: Farm Teams for Streaming Shows
Broadcast networks are launching fewer new shows than usual this fall, the latest sign of their diminished popularity and ambitions...
After Queen’s Death, Prince Harry and Meghan Return to Royal Spotlight as Hollywood Projects Launch
LOS ANGELES—The death of Queen Elizabeth II comes as Hollywood watches another monarchy drama play out in its own backyard:...
India’s Edtech Startups Regroup as Pandemic Bonanza Fizzles
NEW DELHI—The hottest thing in India’s online-education industry right now is going offline.After two years of blistering growth, sparked by...
Elon Musk Lawyer Cites Twitter’s Whistleblower Payment as New Reason to Drop $44 Billion Takeover
Elon Musk first tried to abandon a $44 billion deal to take over Twitter in July. Photo: Michael Gonzalez/Getty Images...
Apple’s iPhone 14 Lineup to Headline Wednesday Product Event
Apple Inc. AAPL -0.82% on Wednesday begins a third year of nudging customers to iPhones with 5G-capable technology, betting iterative...
Elon Musk and Twitter Trade Barbs at Wide-Ranging Hearing
Lawyers for Elon Musk and Twitter Inc. TWTR 0.05% ended a wide-ranging hearing over their stalled $44 billion deal debating...
CVS Announces Deal to Acquire Home-Healthcare Company Signify
CVS Health Corp. CVS -0.49% is betting $8 billion that the house call is the future of healthcare.The drugstore giant’s...
Instagram Fined $402 Million in EU for Allegations of Mishandling Children’s Data
Instagram is being hit with the second-largest European Union privacy fine for allegedly mishandling data about children, ramping up the...
Amazon’s ‘Lord of the Rings: The Rings of Power’ Draws More Than 25 Million Viewers
Amazon. com Inc. said more than 25 million people around the world sampled the premiere of its highly-anticipated series “The...
Elon Musk and Twitter Set to Face Off at Omnibus Hearing Next Week
The Delaware judge overseeing the legal battle between Elon Musk and Twitter Inc. TWTR 0.03% scheduled a hearing next week...
Nvidia Warns of Sales Hit From New U.S. Chip Licensing Requirements for China
Nvidia Corp. could lose as much as $400 million in quarterly sales after the U.S. imposed new licensing requirements on...
T-Mobile Lays Off Workers in Engineering, Network Jobs
The company plans to offer new positions to many of the laid-off workers. Photo: Justin Sullivan/Getty Images T-Mobile TMUS -1.07%...
YouTube’s Top Business Executive Leaving Company
YouTube’s top business executive, who helped build the Google unit from an upstart into a video giant, is leaving the...
Cox Rolls Out Cellphone Service With Starting Price of $15
Cox Communications Inc. said it is returning to the wireless business, offering plans in some markets starting as low as...
Fed Plans 2023 Launch of Long-Anticipated Faster Payments System
WASHINGTON—The Federal Reserve is set to launch a long-awaited faster payments system next year, a step that officials say will...
Inventory Pileup, Uneasy Shoppers Put Retailers in Jeopardy
For retailers, it is a season of discontent.From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and...
Facebook Parent Meta Agrees to Settle Cambridge Analytica Lawsuit
Facebook META -4.15% parent Meta Platforms Inc. META -4.15% agreed to settle a lawsuit that accused the social-media platform of...
