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Amazon to lay off hundreds from Twitch and Prime Video

Internal note says company has ‘identified opportunities to reduce or discontinue investments in certain areas’ amid wave of layoffs

Latest Business

China’s BYD is selling more electric cars than Tesla

China’s leading role in the global industry is also thanks to its market scale, cheap labor and supply chain dominance, according to analysts.

AI is the big tech story, luxury is losing some of its sparkle and more private equity firms may head for the public markets

AI is the big tech story, luxury is losing some of its sparkle and more private equity firms may head for the public markets

The New York Times Has an Edge in Suit Against OpenAI

To offer useful information, ChatGPT and other large language models need humans to report, vet and publish new facts. Who is going to pay for that?

Steve Ballmer is set to make $1 billion a year for doing nothing

Steve Ballmer is set to make $1 billion a year for doing nothing

Apple Watch ban temporarily paused

One day after the Apple Watch import ban went into effect, the US Court of Appeals is instituting a brief pause while it considers a longer pause.

The Late-Night Email to Tim Cook That Set the Apple Watch Saga in Motion

Apple’s hiring of a key engineer 10 years ago helped spark a fight that led its watch to be banned from the US.

Today is the last day for Joe Biden to keep the Apple Watch on shelves

Today is the last day for President Biden to keep the top-of-the-line devices on shelves

Prada Is Expanding Its NYC Presence With Pair of Building Purchases

Property next to Fifth Avenue store purchased for $410 million

End of era as Toshiba delists from Tokyo stock exchange after 74 years

Electronics firm taken private in £11bn deal by consortium led by Japan Industrial Partners

Everything seems more expensive, so why is a big new TV cheaper than ever?

This new business model changes the calculation for TV manufacturers.

The 'vibecession' driving holiday mass layoffs

The holiday season brings cheer for some, but layoffs for others. What's with the practice – and why does it feel so acute right now?

Sam Altman on OpenAI and Artificial General Intelligence

Altman insists that the experience ultimately made the company stronger—and proved that OpenAI’s success is a team effort.

McDonald's concept CosMc's could win the coffee war against Starbucks and Dunkin'

McDonald's has begun to open the first locations of its experimental, retro coffee drive-through. CosMc's is entering a crowded market, but may have a playbook for success.

Spotify’s CFO Is Leaving, Follows Marketing Chief Out the Door

aj Alavi, company’s head of marketing, is also departing

Elon Musk's SpaceX Valued at $175 Billion or More in Tender Offer

  • Deal implies premium to $150 billion valuation this summer


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