Axios News

Fidelity Marks Down Its X (Twitter) Investment by 65%

In more bad news for X (Twitter), Fidelity has marked down its investment in the company by 65%....

Email Reportedly Proves Microsoft’s Activision Deal Is Aimed At Killing PlayStation

Lawyers are arguing that a Microsoft email provides "uncontroverted evidence" that Microsoft's Activision deal is aimed at killing rival PlayStation....

US Has No National Cyber Director and the White House Is Silent About It

The US has yet to fill the role of National Cyber Director in the four months since Chris Inglis resigned, and it's worrying some lawmakers....

Not So Fast: Congress Wants to Make It Illegal for Automakers to Nix AM Radio

Congress is preparing to take action to make it illegal for automakers to drop AM radio from their vehicles, citing public safety concerns....

Reddit Is Taking a Page From Twitter’s Playbook — But With Class

Reddit founder Steve Huffman believes companies should be paying for access to the platform's data and plans to charge for the APIs that make it possi...

France Poised for Antitrust Action Against Apple

Apple may soon face antitrust action in France, with the French Competition Authority looking at Apple's app tracking policies....

Yahoo Plans to Lay Off 1,000 Now, 600 Later

Yahoo is preparing for a round of layoffs, with plans to eliminate 1,000 jobs now and up to 600 in the second half of 2023....

FCC Commissioner Renews Calls for TikTok Ban

Federal Communications Commissioner Brendan Carr has renewed calls for a ban on TikTok over data privacy concerns....

TikTok Is Planning to Build US Fulfillment Centers

TikTok appears to be moving forward with its e-commerce plans, with it reportedly looking to build US fulfillment centers....

Microsoft Is the Latest Company to Lay Off Employees

Microsoft joins the ranks of other tech companies, laying off an undisclosed number of employees amid economic uncertainty....

Oracle Begins Audit of TikTok’s Algorithms for Beijing’s Influence

TikTok is pulling out all the stops to prove it is independent of Beijing's influence, turning to Oracle to audit its algorithms....

Meta Halts Millions in Funding for US News Publishers

Meta is changing how it deals with US news publishers in the wake of its first-ever drop in revenue....

Amazon Music Set to Pass Pandora For Number Two Spot

Amazon Music is set to pass Pandora as the second-largest music app, leaving only Spotify ahead of it....

Detroit Deploys First EV Charging Road in the US

Charging electric vehicles (EVs) is about to get a whole lot easier, at least for one section of road in Detroit, with in-road charging....

The Next Corporate Real Estate Trend: Climate-Proof Locales

The global pandemic has significantly changed the corporate real estate scene, but climate change may be poised to have an even greater impact....

Intel CEO: Previous CEOs Lost Focus on What Made Company Successful

Intel CEO Pat Gelsinger isn’t pulling any punches about why Intel has struggled recently, blaming his predecessors for leading the company the wrong...

Your Next Streaming Service: Salesforce

Salesforce is preparing to enter the video streaming market, a major departure from its current CRM and enterprise offerings....

Google CEO Criticized For Response to AI Researcher’s Exit

Google CEO Sundar Pichai has sent an email to Google employees in an effort to address backlash the company is facing over Dr. Timnit Gebru’s exit....

Uber Looking to Sell Uber Elevate Air Taxi Business

Uber is in talks to sell its air taxi business, Uber Elevate, to Joby Aviation....

TikTok Pulling Out of Hong Kong

TikTok has announced plans to pull out of Hong Kong in the wake of a new national security law....

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