Tag Archives: technology
Activist investor Elliott has built stake over 9% in Pinterest – WSJ
(Reuters) - Activist investor Elliott Management has taken up a more than 9% stake in social media company Pinterest Inc and is in discussions with the company, the Wall Street Journal reported on Thu...
Jul 14, 2022
NFT marketplace OpenSea to slash 20% of jobs amid ‘crypto winter’
(Fixes dateline, no changes to text) By Elizabeth Howcroft and Lisa Pauline Mattackal (Reuters) -Non-fungible token (NFT) marketplace OpenSea said on Thursday it would cut about 20% of its workforce t...
Jul 14, 2022
Facebook testing ways to allow five profiles tied to one account
(Reuters) -Meta Platforms Inc said on Thursday its flagship social network Facebook is introducing ways for users to have up to five profiles, a major change from the "real name" requirement the compa...
Jul 14, 2022
U.S. Senate eyes vote as soon as Tuesday on China chip competition bill -source
WASHINGTON (Reuters) - U.S. Senate Majority Leader Chuck Schumer has been telling senators to expect voting to begin as early as Tuesday on a bill designed to increase U.S. competitiveness with China ...
Jul 14, 2022
U.S., Mexico announce resolution to Panasonic plant labor dispute
WASHINGTON (Reuters) -The United States and Mexico announced a resolution to a dispute at a Panasonic plant in Mexico, with the company saying it would renounce an agreement with a union that lacked l...
Jul 14, 2022
Tesla moves to push lawsuit over mass layoffs out of court
By Daniel Wiessner (Reuters) - Tesla Inc on Thursday asked a U.S. court to dismiss a lawsuit claiming the electric car maker violated federal law by laying off hundreds of workers without advance noti...
Jul 14, 2022
Payments firm Stripe cuts internal valuation by 28% – WSJ
(Reuters) - Payments giant Stripe, last valued at $95 billion, has cut the internal value of its shares by 28%, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Hi...
Jul 14, 2022
Alibaba execs summoned by Shanghai authorities over data theft probe – WSJ
(Reuters) - Executives from Alibaba Group Holdings Ltd's cloud division have been summoned by Shanghai authorities in connection with a theft of police data on Chinese citizens, the Wall Street Journa...
Jul 14, 2022
Half of Holocaust-related posts on Telegram deny or distort facts, U.N. says
By Sarah Morland (Reuters) - Around half the public content related to the Holocaust on the Telegram messaging service denies or distorts facts about the killing of six million of Europe's Jews in the...
Jul 14, 2022
DoJ expected to file antitrust lawsuit against Google in weeks – Bloomberg News
(Reuters) - The U.S. Department of Justice is expected to file an antitrust lawsuit against Alphabet Inc's Google in weeks over its advertising technology business, a Bloomberg News reporter tweeted o...
Jul 14, 2022
