Tesla, the electric vehicle company founded by Elon Musk, is requesting an additional $330 million in Nevada tax breaks from the state of Nevada. The request comes on top of the $1.3 billion in tax incentives that Tesla has already received from the state to build its Gigafactory in...
Read moreThe White House has established a timeframe for removing TikTok, the popular short-form video app, from all government-issued devices. The move comes amid concerns over the app's ties to the Chinese government and the potential security risks posed by its use on government devices. According to reports, all government-issued...
Read moreSalesforce, a leading customer relationship management (CRM) software provider, saw its shares jump by 16% after reporting better-than-expected forecasts for the coming year. The company's strong fourth-quarter earnings report, released on February 28, 2023, showed a significant increase in revenue and earnings per share (EPS). Salesforce stock reported Q4...
Read morePou Chen Corporation, one of the largest shoe manufacturers in the world, recently announced that it would cut 6,000 jobs in Vietnam. The decision was made in response to the continued impact of the COVID-19 pandemic, which has led to a decline in global demand for footwear. Pou Chen...
Read moreMeta, the parent company of Instagram and Facebook, is rolling out a new paid verification subscription service for its users. The service will allow users to pay for a blue checkmark, a symbol that signifies that their account has been verified as genuine by the social media platform. Verification...
Read moreTwitter, the popular social media platform, is facing a series of lawsuits claiming that the company owes more than $14 million in unpaid bills. The lawsuits, which were filed by two different companies, are the latest in a string of legal challenges that have beset Twitter in recent years....
Read moreMark Zuckerberg, CEO of Meta, formerly known as Facebook, has recently announced the launch of Meta's new large language model, "Meta AI". The announcement comes amidst growing competition in the field of artificial intelligence (AI), and is seen as an attempt by Meta to stay ahead in the AI...
Read moreMicrosoft is making a case for its proposed merger with Activision, as the European Union (EU) scrutinizes the deal. The tech giant is trying to convince regulators that the acquisition would not harm competition in the gaming industry and would benefit both companies. Microsoft's proposed acquisition of Activision, one...
Read moreThe stock market has been baffling Wall Street in recent months, with volatility and unpredictability leaving many analysts and investors scratching their heads. Despite a booming economy, the stock market has been experiencing sharp swings, and experts are struggling to make sense of what's behind the market's recent behavior....
Read moreIn a move that is likely to have a significant impact on the future of work in the tech industry, Amazon has announced that it is asking its corporate staff to be in the office at least three days a week. The new policy, which takes effect in the...
Read more
