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...
Technology
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
Elon Musk Raises Specter of Twitter Bankruptcy Amid Executive Turmoil
Twitter suffered additional senior executive departures as owner Elon Musk said bankruptcy is a possibility for the company. Source link
How Many People Are Watching ‘Thursday Night Football’? That Is Up for Debate
Analyzing ratings for Amazon Prime Video’s ‘Thursday Night Football’ has become as complicated as some National Football League rules. Source...
Elon Musk Says Twitter Is Ditching Gray ‘Official’ Check Mark Hours After Launching It
TechThe label was supposed to indicate whether the social-media company had verified the authenticity of an account Source link
Disney Shares Slide as Streaming Losses Balloon
BusinessEarningsDeclines in streaming more than doubled in the recent quarter but have reached their peak, says CEO Bob Chapek Source...
Facebook Parent Meta Announces Layoffs of 11,000 Staff
TechLayoffs are the first broad head-count reduction to occur in the company’s history Source link
Elon Musk Sells Almost $4 Billion of Tesla Stock After Twitter Takeover
TechThe sale of 19.5 million shares this month in the electric-vehicle maker follows sales in April and August Source link
WSJ News Exclusive | Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs
WSJ News ExclusiveTechLayoffs are to begin on Wednesday morning, the CEO told hundreds of executives on Tuesday Source link
