(Reuters) – Twitter owner Elon Musk tweeted on Saturday that a higher priced subscription of the social media platform will…
Wolfspeed plans multi-billion dollar chip factory in Germany – Handelsblatt
FRANKFURT (Reuters) – U.S. power chip maker Wolfspeed Inc is planning to build a factory in Germany for more than…
Bitcoin rises 2.3% to $23,199
(Removes extraneous word in para 3) (Reuters) – Bitcoin rose 2.3% to $23,199 at 10:07 GMT on Saturday, adding $521…
Elon Musk says Twitter has a headcount of about 2,300
(Reuters) – Twitter Inc has about 2,300 active employees, Elon Musk said in a Tweet on Saturday. CNBC on Friday…
Amazon’s AWS to invest $35 billion in Virginia
By David Shepardson WASHINGTON (Reuters) -Amazon.com Inc’s cloud services division said Friday it plans to invest another $35 billion by…
GM, LG Energy drop plan for fourth U.S JV battery plant
By David Shepardson WASHINGTON (Reuters) -General Motors Co and LG Energy Solution do not plan to move forward with a…
Feds seized nearly $700 million from FTX founder Bankman-Fried
By Dietrich Knauth (Reuters) – Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in…
Unions press Biden administration to not change EV tax credit rules
By David Shepardson WASHINGTON (Reuters) – Major unions and public interest and environmental groups are urging President Joe Biden to…
Tech stock rebound faces doubters with earnings season ahead
By Lewis Krauskopf NEW YORK (Reuters) – A spate of earnings reports in coming weeks is set to test a…
Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI
By Jeffrey Dastin (Reuters) – Google’s parent Alphabet Inc is cutting about 12,000 jobs as it faces “a different economic…