Business

Wefox CEO ‘Disgusted’ by Tech Industry Layoffs
Wefox CEO Julian Teicke had harsh words for the tech industry and his fellow CEOs, saying he was "disgusted" by the number of layoffs occurring....
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Yandex’s Dutch Owner Wants to Divest Itself of Russian Company
Yandex N.V., the Dutch holding company behind Yandex, plans to divest itself of the Russian company as a result of the war in Ukraine....
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HBO Max Is Trying to Fix Playback Issues on Apple TV 4K
HBO is aware of an issue with HBO Max running on Apple TV 4K devices and is working to address it. Man...
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Amazon Commits $1 Billion a Year for Theatrical Releases
The movie industry received good news Wednesday, with Amazon committing more than $1 billion a year for theatrical releases....
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AI Coding Startup Kite Is Shutting Down, Open Sourcing Product
Kite, the startup that tried to bring AI-assisted coding to the market, is shutting down and open sourcing the majority of its code....
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FTC ‘Likely’ to File Lawsuit to Block Microsoft’s Activision Deal
Microsoft may face its biggest challenge yet to its acquisition of Activision Blizzard, with a report saying the FTC is likely to file a lawsuit to block t...
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Want Faster Acceleration in Your Mercedes? That Will Cost $1,200 Annually.
Mercedes is the latest automaker to jump on the most deplorable trend in the industry, charging $1,200 annually for faster acceleration....
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HP Plans Long-Term Layoffs in the Thousands
HP is the latest company to announce layoffs, saying it will let 4,000 to 6,000 employees go over the next three years....
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Zoom Faces Pressures as Stock Crashes and Growth Slows
Zoom has come a long way since its heyday during the pandemic, with its stock down 90% and challenging growth prospects ahead....
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France Shoots Down Free Microsoft 365 and Google Workspace in School
France has shot down the possibility of schools using free versions of Microsoft 365 and Google Workspace....
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iFixit Billboard Pressures NY Governor Over First Right to Repair Bill
iFixit is putting pressure on New York Governor Kathy Hochul with a billboard asking her to sign the nation's first right to repair law....
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UK Regulators Investigating Apple and Google’s ‘Mobile Duopoly’
The UK is launching a market investigation into Apple and Google's dominance in the mobile market, especially cloud gaming and web browsing....
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Global UC the First Provider to Be Blocked for Failing to Fight Robocalls
Global UC is the first telecom provider to be blocked under the FCC's new rules requiring providers to block robocalls....
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JPMorgan Decides Against Investment in Fintech Company Yapily
JPMorgan has reportedly decided against investing in fintech company Yapily, dealing a blow to the startups fundraising....
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Elon Musk’s Ultimatum a Scheme to Further Cut Twitter Workforce
Elon Musk's ultimatum to employees may have been part of a bigger plan to reduce Twitter's headcount beyond layoffs....
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