Rivian Automotive is laying off 6% of its workforce in an effort to cut costs as the EV maker, already grappling with falling cash...
Year: 2023
A record $3.8 billion worth of cryptocurrency was stolen from various services last year, with much of those thefts driven by North Korean-linked hackers,...
The Biden administration on Wednesday took its biggest swipe yet at app stores run by Apple and Google, with a new report accusing the...
In less than three months, four of the big five US tech companies have cut tens of thousands of employees combined, shattering myths about...
After years of expansion and billions in profits, Big Tech is pulling back from its famously lavish spending as a long boom finally ends.Read...
The company indicated the slowing growth and tight margins would continue in the first three months of this year.Read More
The iPhone maker said sales of its flagship product were down 8 percent as it dealt with a factory shutdown and worries about rising...
Google’s parent company reported its fourth consecutive drop in quarterly profit, weeks after culling 6 percent of its work force to cut costs.Read More
Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.Read More
Ford Said Sales in January Increased 2%
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The company’s deliveries of electric vehicles more than doubled, compared with the same month a year earlier.Read More