Dow, IBM and SAP say they will lay off thousands of workers as belt-tightening becomes the new business priority
The deal includes more than 290 of the pop star’s songs including ‘Love Yourself’ and ‘Ghost’
Streaming company says move is part of broader cost-cutting measures
Streaming giant added 7.7 million net new subscribers in fourth quarter
Greg Peters has been promoted to co-CEO alongside Ted Sarandos, with Bela Bajaria and Scott Stuber also being promoted.
Cofounder Reed Hastings will now serve as executive chairman, the company announced. Here's what we know
Maneuvers give Congress five months to pass legislation raising or suspending the debt limit
Software company’s revenue growth has slowed in recent quarters
The outlook for 2023 has been lifted by optimism around the easing of Covid restrictions
The Tesla founder has just shattered a huge world record – but it’s probably one he would rather have left alone.
Chinese billionaire entrepreneur is taking a step further away from the business empire he created decades ago
The company began letting staff go in November from its devices division, with a source telling Reuters at the time it was targeting around 10,000 cuts.
Elon Musk’s hopes of leaving his financial woes behind him in 2022 have gone up in smoke as the Tesla share price continues to nosedive.
Elon Musk is no longer the world’s richest man after a catastrophic 365 days for the billionaire where he has just haemorraged money.
Disgraced FTX crypto mogul Sam Bankman-Fried’s ex-girlfriend Caroline Ellison was facing up to 110 years in prison before she started talking.
Software giant files documents opposing claims that transaction would harm competition in videogame industry
The ex-girlfriend of disgraced crypto mogul Sam Bankman-Fried and a co-founder of FTX have pleaded guilty to fraud charges and are co-operating with prosecutors.
The Bahamian Office of Attorney General Ryan Pinder said Bankman-Fried would depart for the U.S. Wednesday night.
Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, has been arrested in The Bahamas, the country's attorney general has said.