business

Elon Musk’s Shirtless Yacht Memes Spark Discussion On Body-Shaming

“There are plenty of ways to criticize Elon Musk without engaging in body shaming.” Posted: 2 hours ago: Earlier this week, billionaire Elon Musk was spotted out on a luxury vacation in Mykonos, Greece, with a group of friends. The tech mogul was photographed shirtless aboard a luxury yacht in a series of: pictures released …

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Three Charged In First Ever Cryptocurrency Insider Trading Tipping Scheme |: USAO-SDNY

Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today the unsealing of an Indictment charging ISHAN WAHI, a former: product manager at Coinbase Global, Inc. (“Coinbase”), NIKHIL WAHI, and …

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China Fines Didi $1.2 Billion as Tech Sector Pressures Persist

For Didi, once hailed as an innovator and disrupter in China’s staid transportation sector, it has been a fast fall from grace. The company was considered the pride of China’s spunky, and valuable, start-up scene in 2016 when it beat its American rival, Uber, and bought the firm’s Chinese operations. At the time, its executives …

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Here’s when the Tesla Cybertruck might go on sale, according to Elon Musk

Check out what’s clicking on FoxBusiness.com. Mark your calendars, bizarre-looking electric pickup fans. During Tesla’s second-quarter earnings call Wednesday, CEO Elon Musk offered an update on several products, including when the oft-delayed Cybertruck pickup will go on sale. The: stainless steel truck was first revealed in 2019 with the start of production set for the …

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Lyft to shut down its car-rental business and lay off about 60 workers

Check out what’s clicking on FoxBusiness.com. Lyft Inc. is cutting jobs and consolidating some operations, while closing its rental business. The company is reportedly cutting 60 workers and reducing its global operations team by trimming regions from 13 to 9, according to an employee memo reviewed by the Wall Street Journal. The cuts involved less …

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Netflix ad-supported tier will lack some shows and movies

Despite still being the biggest streaming platform out there, Netflix is ​​in a tough spot right now. Today, as the latest numbers reveal how badly Netflix is ​​bleeding subscribers, the company also confirmed that its ad-supported tier won’t have access to the full catalog. Netflix has plans to launch an ad-supported subscription tier in early …

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California truckers pledge to continue blockade of Oakland port over controversial labor law

Telsey Advisory Group CEO and chief research officer Dana Telsey gives a supply chain outlook and provides the best retail stock picks. California truckers pledged Wednesday to continue their blockade of the Oakland port – the West Coast’s third-busiest container port – until Democratic Gov. Gavin Newsom listens to their concerns about a controversial labor …

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Twitter wins fight to fast-track Elon Musk deal trial

Twitter’s trial for its: lawsuit against Elon Musk will take place over five days in October, the Delaware Chancery Court decided following a hearing in which both parties made the case for their preferred timelines. Why does it matter?: This is much closer to Twitter’s preferred timeline. The judge sided with the company’s arguments that …

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SkyWater unveils plans to build a $1.8 billion chip facility in Indiana

By Jane Lanhee Lee (Reuters) – US semiconductor manufacturer SkyWater Technology Inc on Wednesday announced plans to invest $1.8 billion for a chip research and production facility in Indiana, in partnership with the state and Purdue University. The announcement comes a day after the US Senate voted to move forward with a slimmed-down version of …

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