Rivian lays off 6 percent of its workforce as it struggles with EV production
As expected, electric pickup manufacturer Rivian is laying off 6 percent of its 14,000-strong workforce...
Samsung posts 12 percent increase in profit but warns of weak mobile and PC demand
For the second quarter of 2022, Samsung has reported a consolidated revenue of KRW 77.2...
Faraday Future delays the launch of its first electric vehicle yet again
Back in February, Faraday Future presented the production version of its FF91 electric SUV at...
250,000 car deliveries in one quarter can’t save Tesla from dwindling revenue
The supply chain issues that have wracked the rest of the automotive industry for more...
Not all Netflix shows will be streamable on the ad-supported tier
When Netflix’s cheaper ad-supported tier launches next year, subscribers may find themselves unable to access...
Atlassian co-founder takes big step toward shutting down Australia’s coal power
Atlassian co-founder Mike Cannon-Brookes just scored a major coup in his quest to end Australia’s...
Florida pension fund sues Elon Musk over Twitter deal
Elon Musk’s $44 billion buyout of Twitter is facing its first legal challenge. A Florida...
Amazon’s pandemic boom is over
What a difference a year can make. Roughly one year after pandemic-fueled buying spree pushed...
Twitter is reportedly re-examining Elon Musk’s $43 billion takeover bid
Twitter may be warming up to the idea of selling itself to Elon Musk. According...
WarnerMedia finalizes $43 billion merger with Discovery
WarnerMedia and Discovery have completed their merger. Warner Bros. Discovery, as the new entity is...