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Judge Sends FTX’s Sam Bankman-Fried to Jail Ahead of Fraud Trial
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‘May not survive’: WFH company’s 97% crash
WeWork, the struggling rent-a-desk company, has admitted it likely won’t survive the year amid a sensational 97% crash in its share price.
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A Disney Sale to Apple? Don’t Count It Out This Time
Facing the staggering problems afflicting all legacy studios, is Bob Iger contemplating a once-unthinkable option? The signals he sent in Sun Valley suggest that it could happen.
By Editors Desk
Latest Business
Yellow files for bankruptcy after shutting down
The filing comes more than a week after the trucking company halted operations
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Jordan earns $2.7 billion in one day
Michael Jordan has waited 13 years for this day and now that it has finally arrived the NBA icon is laughing all the way to the bank.
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Janet Yellen: Credit downgrade 'puzzling' and 'unwarranted'
Treasury Secretary Janet Yellen has defended the strength of the US economy, after the government was stripped of its top tier credit rating.
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'X' removed after being installed atop company headquarters following Twitter's rebrand
Twitter's new "X" sign was taken down on Monday after the city of San Francisco reprimanded the company for installing a giant, flashing sign above its building without a permit.
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Twitter, now X, opens up its ad revenue sharing program with global creators
Adds X CEO, Linda Yaccarino, “absolute game changer for our creators.”
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Chick-fil-A wants to send your drive-thru chicken on a conveyor belt and down a chute
The drive-thru is set to open in Atlanta next year.
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Netflix lists AI job worth $900,000 amid twin Hollywood strikes
Company lists highly paid machine-learning project manager role while actors and executives at odds over future of AI in Hollywood
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Meta Sees Ad Business Rebound but Warns of Higher Spending in Metaverse
The Facebook parent has seen revenue surge after cost cutting and improved ad-targeting
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The risks are rising for Western firms in Russia. So why are so many staying put?
Unilever (UL), Nestlé, Mondelēz and Procter & Gamble (PG) — the world’s biggest consumer goods companies — fall into this category.
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1000 per cent stock surge makes Microsoft CEO a billionaire
A 1000 per cent surge in Microsoft shares has made the company’s CEO an overnight billionaire — at least on paper.
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YouTube Hikes Prices For Premium, Music Streaming Offerings
YouTube Premium will rise to $13.99 per month, while YouTube Music Premium will increase to $10.99 per month.
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Powerball player hits billion dollar jackpot, third largest in history
Nearly $2 billion was up for grabs between the $1.08 billion Powerball jackpot and the $720 million Mega Millions jackpot.
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Netflix Scraps Its Cheapest Ad-Free Plan
The streaming company said it no longer offers its $9.99-a- month basic plan for new customers in the U.S. and the U.K.
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F.T.C.’s Court Loss Raises Fresh Questions About Its Chair’s Strategy
Lina Khan says a fear of defeat should not deter the agency from suing Big Tech. But after Microsoft won a ruling, her critics say that strategy is flawed.
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Microsoft Can Close Its Activision Deal, U.S. Judge Rules
Microsoft can complete the $75 billion acquisition of Activision Blizzard before a Federal Trade Commission hearing scheduled for August.
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Taylor Swift Proves Too Big for Ticketmaster, Again
Ticket seller says issues with a third-party provider disrupted ticket sales of ‘Eras Tour’ dates in France
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