May 26, 2022 Elon Musk has pledged an additional $6.25 billion in equity to fund his Twitter takeover, according to a regulatory filing on Wednesday. The additional equity means the billionaire's margin loan against his Tesla shares has more...
May 25, 2022 An internal metric called “regretted” attrition has shown that the number of Amazon employees leaving the company has doubled in recent years. The metric reached an average of 12.1% since June 2021 accounting for more more...
May 25, 2022 Tesla shares fell 7% to $628 on Thursday, pushing the automaker's stock down nearly 49% from its all-time high in November wiping more than $30 billion from its market cap. The decline began after Tesla more...
May 25, 2022 Microsoft is building a new developer-target variant on its Azure Virtual Desktop service, called Microsoft Dev Box. Microsoft Dev Box will allow developers to create a virtual machine that is automatically preconfigured in the cloud, more...
May 25, 2022 Snap has cut its quarterly forecast amid a growing economic downturn, adding to a similar decision by the company to reduce the number of job opportunities it will introduce this year. Since April, “the macroeconomic more...
May 25, 2022 Facial recognition company Clearview AI has announced plans to extend its technology to businesses, meaning the company is moving away from its original plan to serve mainly police. New clients include Vaale, a Colombian app-based more...
May 25, 2022 Russia's largest mobile operator MTS has announced plans to sell used smartphones at a discounted price, a move that will help tackle the country's biting inflation. MTS plans to offer smartphones up to 50% cheaper more...
May 24, 2022 The Attorney General of the District of Columbia, Karl Racine, has sued Facebook CEO Mark Zuckerberg over the Cambridge Analytica scandal. The Facebook Cambridge Analytica scandal concerns Aleksandr Kogan, a University of Cambridge professor who more...
May 24, 2022 Meta has announced plans to make information about how political and "social issue" ads are targeted publicly available. Facebook had previously experimented with making some data available to researchers via FORT in 2021. The information more...
May 24, 2022 The share of young users who pick fintech over traditional banks has doubled since 2020, to 12%. Today, only 25% of the youngest generation, Gen Z use a megabank for their primary checking account, down from more...
