Elon Musk Says Saudi Fund Wanted to Take Tesla Private
Mr. Musk is testifying in a lawsuit filed by investors who claim that his statements about a plan to take Tesla private in 2018...
Year: 2023
Tech Layoffs Continue as Shares Fall and Interest Rates Rise
Rock-bottom rates were the secret engine fueling $1 billion start-ups and virtual attempts to conquer the physical world. But in 2023, reality bites.Read More
Microsoft Extends Multibillion-Dollar Deal With Creator of ChatGPT
The tech giant aims to to remain at the forefront of generative artificial intelligence with its partnership with OpenAI.Read More
Supreme Court Puts Off Considering State Laws Curbing Internet Platforms
The laws, enacted by Florida and Texas in response to conservative complaints about censorship, have been challenged under the First Amendment.Read More
Spotify to Lay Off 6% of Its Work Force
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The audio streaming platform becomes the latest big technology company to cut costs over worries about the economy.Read More
For Tech Companies, Years of Easy Money Yield to Hard Times
Rock-bottom rates were the secret engine fueling $1 billion start-ups and virtual attempts to conquer the physical world. But in 2023, reality bites.Read More
How Big Tech’s pandemic bubble burst
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In January 2021, Microsoft CEO Satya Nadella spoke in lofty terms about how the first year of the pandemic had sparked a staggering shift...
Elizabeth Holmes made an ‘attempt to flee the country’ after her conviction, prosecutors say
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Elizabeth Holmes made an “attempt to flee the country” by booking a one-way ticket to Mexico departing in January 2022, shortly after the Theranos...
The Federal Trade Commission on Friday called for a federal court to hold “Pharma Bro” Martin Shkreli in contempt after Shkreli allegedly flouted a...
Boeing has been mired in controveries, including delays and myriad issues with a spacecraft it built for one NASA program and scandals plaguing its...