Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down 3% on Monday morning. “As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of…
Amazon.com’s Amazon Web Services, the world’s largest cloud-service provider, owes tech company Kove $525 million for violating its patent rights…
Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of…
Apple’s smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers…
Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely…
The U.S. Federal Reserve is determined not to reduce interest rates too soon — and some economists say recent…
Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father…
Wednesday’s inflation report showed consumer price growth continues to drift higher. The Bureau of Labor Statistics reported price growth…
Shares of Trump Media have erased all their gains since they began trading under the ticker DJT last month.…