COMPANIES

Japanese electronics firm Sony Group Corp plans to launch a company in spring 2022 to explore entering the electric vehicle market, signaling ambitions to claim a slice of the fast-growing market for green mobility.

Amazon Prime members are suing Amazon because the company didn't lower its membership price after eliminating Whole Foods free delivery in October 2021.

Facebook and Instagram parent company Meta Platforms is facing eight new lawsuits accusing the company of exploiting young and vulnerable users for profit.

Here are the key events taking place on Thursday that could impact trading including news from Intel, Facebook and jobless claims.

Intel Corp is pulling back the reins on hiring for a key company division as part of a series of cost-cutting measures.

Russian employees at Microsoft and IBM have been caught in the crosshairs of the tech giants' ongoing response to the country's invasion of Ukraine

Elon Musk's effort to purchase Twitter is reportedly on hold over uncertainty around the deal over a public spat with the social media platform

Big Tech is calling on the Biden administration to adopt "more robust aging out policies" to keep more than 200,000 children of visa holders' in the United States.

Apple is moving portions of manufacturing to Vietnam in order to combat supply chain hurdles from mainland China's "zero-COVID" policies.

Google Ads temporarily suspended the account of BRAVE Books, a conservative children's book publisher, after it released a book about the Trump-Russia collusion narrative.

Amazon will sublease some of its warehouse capacity as sales have suffered significant declines from where they were in the midst of the COVID-19 pandemic.

Elon Musk suggested his deal to buy Twitter should be cut proportionate to the number of bots on the platform.

Ford CEO Jim Farley is hosting a seven-episode podcast called "Drive" on Spotify that will feature him interviewing celebrity car enthusiasts.

Netflix said layoffs were primarily driven by "business needs" and would affect "mostly U.S.-based' personnel.

Facebook parent company Meta has opened its first brick-and-mortar store in California to serve as a showroom for its latest technology and consumer products.

A former Amazon employee sued the company Monday, claiming she was wrongly fired from her job and was told to pay back $12,000 in wages after coming down with “long COVID.”

Amazon reported its first quarterly loss since 2015. The online retailer and Intel both issued forecasts that missed the mark.

Brendan Carr, a commissioner on the Federal Communications Commission (FCC), rejected the Open Markets Institute's claim that the FCC has the authority to block Tesla CEO Elon Musk's purchase of Twitter, in part because Musk also owns Starlink.

Following his purchase of Twitter for $44 billion, Tesla CEO Elon Musk teased buying more iconic American companies in order to ostensibly restore them – even suggesting that he might buy Coca-Cola in order to reintroduce cocaine into the ingredients of the soft drink.

Republicans' surge in followers on Twitter – parallel with a noticeable drop in many Democrats' follower counts – are 'organic,' according to the social media site.