Tag: Business News

Monday.com Lays Off 20% of Workforce to Accelerate AI S...

Monday.com is cutting about 20% of its workforce as the company restructures to ...

BP to Shut Down Venture Arm After Selling Most of Its S...

BP is winding down its corporate venture arm after agreeing to sell most of its ...

Stripe and Advent Explore $53.4 Billion Acquisition Bid...

Stripe and Advent reportedly considered a $53.4 billion bid to acquire PayPal, s...

David Beckham-Backed IM8 Secures $1 Billion Growth Fina...

David Beckham-backed wellness startup IM8 has secured up to $1 billion in growth...

Mercor Reportedly Seeks Fresh Funding at a $20 Billion ...

Mercor is reportedly in discussions to raise new funding at a $20 billion valuat...

Judge Approves Elon Musk’s $1.5 Million SEC Settlement ...

A federal judge has approved Elon Musk’s $1.5 million SEC settlement despite exp...

Microsoft Cuts Nearly 5,000 Jobs Across Xbox and Commer...

Microsoft has laid off nearly 5,000 employees across its Xbox and commercial sal...

Uber Puts Parts of Its European Expansion Strategy on Hold

Uber has reportedly paused most of its planned European food-delivery expansion,...

Magnify Ventures Secures $46.6M Fund II with Support fr...

Magnify Ventures has raised $46.6 million for Fund II with backing from Melinda ...

Tesla Reports Strong Second-Quarter Sales as Vehicle De...

Tesla reported a sharp rise in second-quarter vehicle deliveries, exceeding mark...

Bending Spoons Shares Jump 40% in Strong Stock Market D...

Bending Spoons shares climbed 40% on their first trading day, defying the broade...

Lime Debuts on Nasdaq, Marking a New Chapter as a Publi...

Lime has officially gone public on the Nasdaq after years of uncertainty. Learn ...

Major Tech Companies Cutting Jobs in 2026 as AI Reshape...

Explore the latest list of major tech layoffs in 2026 as leading companies reduc...

Uber Shareholders File Lawsuit Against Board Over Safet...

Uber shareholders have sued the company’s board, alleging failures in safety ove...

Meta Appoints CRED Founder Kunal Shah to Lead WhatsApp ...

Meta names CRED founder Kunal Shah as WhatsApp’s new chief while investing $900 ...

Lucid Motors Announces 18% Workforce Reduction as New C...

Lucid Motors has reduced its workforce by 18% as new CEO Silvio Napoli restructu...