Rivian Lost $1.7 Billion in the Third Quarter
The electric truck maker said it has enough cash to fund its operations through 2025.Read More
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The Fall of FTX’s Sam Bankman-Fried Puts Crypto Industry on Edge
The rapid collapse of the cryptocurrency exchange built by the billionaire Sam Bankman-Fried suggests that no company in the freewheeling, loosely regulated crypto industry...
Is This Crypto’s Lehman Moment?
1 min read
Here’s how to make sense of the industry-shaking Binance-FTX deal.Read More
Elon Musk’s Twitter Did Not Perform at Its Best on Election Day
False narratives about voting in the midterm elections proliferated on the platform, which has shed half its employees since Mr. Musk bought the company...
Twitter Files Paperwork to Enter Payments Business
Elon Musk, Twitter’s new owner, has been looking for ways to generate more revenue at the social media company.Read More
Meta Lays Off More Than 11,000 Employees
1 min read
The parent of Facebook, Instagram and WhatsApp reduced its work force by 13 percent and extended a hiring freeze through the first quarter of...
Smartphones Are Like Cars. So Why Don’t We Maintain Them?
Regularly replacing our phones takes a toll on our wallets and the environment. We should instead take care of them as we do our...
Networks Urge Caution on a Chaotic Midterm Night
“Wait for more votes,” warned CNN’s John King, as wary anchors tried to avoid any predictions that might go awry.Read More
The European Union is taking a closer look at Microsoft’s proposed $68.7 billion purchase of video game giant Activision Blizzard, citing concerns the deal...
Meta CEO Mark Zuckerberg told company executives that major layoffs at the tech giant will begin on Wednesday morning, the Wall Street Journal reported...