Tag: Business News

China halts Meta’s $2B Manus acquisition after extended...

China has blocked Meta’s $2B Manus deal following a months-long probe, citing re...

Steve Ballmer says he was misled by a startup founder w...

Steve Ballmer reacts after a founder he supported pleaded guilty to fraud, sayin...

Bob Iger joins Thrive Capital as advisor following Disn...

Bob Iger has joined Thrive Capital as an advisor after stepping down from Disney...

Redwood Materials COO exits as company undergoes layoff...

Redwood Materials sees its COO depart amid layoffs and restructuring efforts, si...

LinkedIn CEO prepares to step down, sparking mixed reac...

LinkedIn’s CEO is set to move on, prompting reactions across the tech industry a...

Snap to lay off 1,000 employees, about 16% of the workf...

Snap Inc. plans to cut 1,000 jobs, around 16% of its workforce, as part of a res...

Allbirds set for $39M sale after raising nearly 10x mor...

Allbirds is reportedly being sold for $39M, a sharp drop from its IPO valuation,...

OnlyFans owner Leonid Radvinsky passes away

Leonid Radvinsky, owner of OnlyFans, has passed away, marking a major moment for...

Jury finds Elon Musk misled Twitter investors during ac...

A jury finds Elon Musk misled Twitter investors during his attempt to exit the a...

PayPal hires HP’s Enrique Lores as its new CEO

PayPal has appointed HP CEO Enrique Lores as its new chief executive, marking a ...

Amazon Lays Off 16,000 Employees as Restructuring Conti...

Amazon said it is cutting 16,000 jobs in a new round of layoffs as part of ongoi...

Amazon Agrees to $1B+ Settlement Over Alleged Improper ...

Amazon has agreed to a settlement valued at more than $1 billion to resolve clai...

Everstone brings together Wingify and AB Tasty to creat...

Everstone Capital has combined Wingify and AB Tasty to form a global digital exp...