Lyft Shares Slide After Disappointing Revenue and Ridership Numbers
BusinessEarningsThe number of people using the ride-sharing app rose less than analysts had been predicting Source link
Technology
Foxconn Plans to Invest $170 Million in EV Truck Maker Lordstown Motors
BusinessAutos & TransportationAutos IndustryThe startup plans to use the funds to hire engineers, and will develop an electric vehicle with...
Startups Look to Scoop Up Laid-Off Tech Workers
Flush with investor capital, technology startups plan to scoop up software developers, engineers and marketers flooding the labor market following...
Streaming Services Raise Prices Again. Here’s How to Avoid Overpaying.
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Twitter Rolls Out Blue Check Marks for Paying Customers
Twitter Inc. said it has begun rolling out software updates to charge users $7.99 a month to mark their accounts...
Why Elon Musk’s Quest to Revive Twitter Is Likely to Fail
Elon Musk is treating Twitter like a startup. The thing about startups is, most of them fail.At Twitter, as is...
Elon Musk Says Twitter Has Had Massive Revenue Drop
Elon Musk tweeted that Twitter has had a massive drop in revenue due to activist groups pressuring advertisers, as the...
WSJ News Exclusive | General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
WSJ News ExclusiveMedia & MarketingAdvertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s...
WSJ News Exclusive | Lyft Plans to Lay Off About 700 Employees in Second Round of Job Cuts
The ride-hailing company is cutting 13% of staff, or nearly 700 jobs, the latest technology company to say it needed...
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...
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...
