News Around the Globe
By Barrabi Facebook parent Meta fell out of the top 10 among the world’s most valuable companies by market capitalization after a string of brutal setbacks in recent weeks. Mark …
Read MoreBy Barrabi Berkshire Hathaway’s billionaire vice chairman Charlie Munger compared cryptocurrencies to a sexually transmitted disease – and added that he believes the Chinese were right to ban them. Meanwhile, …
Read MoreBy Zilber Tim Cook’s nearly $100 million payday as CEO of Apple is just too much, a company that advises shareholders said Wednesday. It advised Apple shareholders to vote against …
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By Zilber Tesla CEO Elon Musk donated around $5.7 billion in shares of the electric car maker to charity, according to the company’s filings. Tesla gave 5,044,000 shares to philanthropic …
Read MoreBy Elisa The billionaire who launched on his own SpaceX flight last year is headed back up, aiming for an even higher orbit. Tech entrepreneur Jared Isaacman announced Monday that …
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By Barrabi Twitter appears to be back online after experiencing a widespread outage on Friday afternoon, with many users reporting issues accessing or using the site. The trouble began around …
Read More By Elisa Twitter reported weaker-than-expected quarterly advertising revenue and user growth on Thursday and forecast revenue short of Wall Street targets, indicating that its turnaround plan has yet to bear fruit. …
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By Steigrad The mega-merger of Discovery and AT&T’s WarnerMedia got the green light from US regulators, Discovery said in a Wednesday filing. The news marks a major step for the …
Read MoreBy Elisa Pfizer said on Tuesday it expects 2022 sales of its COVID-19 vaccine and antiviral pill to top $54 billion, but that fell short of lofty Wall Street estimates, …
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By Elisa A day after Facebook owner Meta suffered the deepest loss of stock market value in history for a US company, Amazon logged the greatest ever one-day increase in value. Shares …
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By Wayt A bipartisan bill that could cost Apple and Google billions of dollars by loosening the companies’ “twin monopolies” over their app stores was advanced by a key Senate …
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By Elisa Shares of PayPal slumped as much as 25% on Wednesday as investors questioned the company’s growth prospects after it disclosed a big hit to revenue from the impending loss …
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By Zilber Tesla will recall 54,000 electric cars in order to disable a self-driving feature that prevents them from coming to a full stop at intersections with stop signs. The …
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By Barrabi Sony is buying prominent video game developer Bungie for $3.6 billion – a blockbuster deal that underscores the intense competition between the PlayStation maker and its chief rival, …
Read MoreBy Manfredi Kia is recalling more than 410,000 vehicles due to an issue that may prevent its airbags from inflating during a crash. “The Air Bag Control Unit (ACU) cover may contact a memory …
Read MoreBy Elisa Boeing reported a $4.16 billion loss for the fourth quarter as the financial fallout of production flaws in one of its best-selling planes, the 787 Dreamliner, grew much …
Read More By Elisa Tesla posted record quarterly revenue Wednesday that beat Wall Street estimates, but said it expected supply chain issues to continue through this year. The stock fell 2.7% in …
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By Elisa Warren Buffett’s company plans to hold its annual shareholders meeting that used to routinely attract more than 40,000 people in person this spring for the first time since …
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By Elisa Tesla on Monday fought back against JPMorgan Chase over a disputed bond contract, countersuing the bank for seeking a “windfall” following Chief Executive Elon Musk’s notorious 2018 tweet …
Read MoreBy Zilber The “audio porn” app created by the sister of Snapchat founder Evan Spiegel is gaining traction as it recently surpassed 300,000 subscribers. Quinn, which offers erotic content geared …
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