Uber might need to stow its freight train
Uber's freight business, CEO Dara Khosrowshahi's vision for the ride share apps future, might lack the synergies that Rides and Eats share between customers and drivers.
Google says fewer employees will receive promotions to senior positions
Google told employees that fewer of them will be promoted to senior roles to reflect that the number of senior positions grows in proportion to company growth.
Meta to cut thousands more employees as soon as this week: report
Meta Inc., the parent of Facebook, Instagram, and WhatsApp, could announce thousands of more cuts as soon as this week, following the company's largest ever cuts just months ago.
Sweetgreen salad chain that thought it was a tech firm looks wilted
Sweetgreen has faced sharply rising cash expenses for food, leases and labor. Wall Street was all to eager to pile in amidst Sweetgreen's marketing as a tech company.
Why Apple stock can rise over 30%: Goldman Sachs initiates first Buy since 2017
For the first time since 2017, Goldman Sachs has initiated first Buy on Apple since 2017 after saying shares could climb as high as 36% in 2023.
Amazon Go stores to close in cities coast to coast
Amazon is permanently closing some Amazon Go stores in Seattle, San Francisco and New York City, April 1, but new stores are opening as well.
Zoom abruptly fires its president, Greg Tomb, after just 10 months
Greg Tomb, a former Google and SAP executive who joined Zoom as president in June, was terminated on Friday ‘without cause,’ according to a filing with the Securities and Exchange Commission.
Dell shares slide on forecast miss, CFO to retire
Dell shares declined after the company forecast a profit and revenue forecast for the current quarter and full-year that disappointed.
Slimmed-down crypto legislation coming in April: senators Lummis, Gillibrand
Senators Lummis and Gillibrand expect to a “slimmed-down” but “stronger” version of their prior cryptocurrency legislation to the Senate some time in April.
Salesforce profit outlook buoys software maker against activist investors
Salesforce hopes that the improved profitability it has gained from layoffs, especially in its Mergers and Acquisitions group will ward off attacks by activist investors.
Tesla’s growth ambition comes with a $175 billion price tag
Tesla plans to go from 1.3 million to 20 million cars per year at a $150 billion cost, according to Elon Musk's 'master plan' outlined during the EV maker's Investor Day.
Ford applies for patent that allows cars to self-repossess
Ford has reportedly filed for a patent on technology that could lead to cars remotely repossess due to non-payment.
Musk looks to build ChatGPT alternative to combat 'woke AI': report
Billionaire entrepreneur Elon Musk is reportedly gathering a team to develop a non-woke alternative to OpenAI's artificial intelligence chatbot, ChatGPT.
Tesla readies revamp of Model Y codenamed 'Juniper' - sources
As Tesla's investor day approaches, Elon Musk's EV maker is set to revamp its top selling models by 2024. Changes would help cut costs through efficient manufacturing.
Twitter's next CEO may be Musk right hand
Speculation is rising that Twitter owner Elon Musk may tap longtime associate and The Boring Company chief Steve Davis to replace him as CEO of the social media platform.
Instacart’s revenue and profit climb ahead of public listing
Instacart had higher sales and profit in Q4 as it continues to float an IPO. Instacart has waited since late 2022 for a more cooperative market before going public.
EV startups from Lucid to Rivian see demand fade, supply chain issues linger
US EV startups Rivian, Lucid Motors, Nikola and Fisker struggle with sales as legacy auto makers' and Tesla's margins allow them to sell vehicles at much lower costs.
TikTok sets default screen time limit for teens
TikTok on Wednesday announced that it is setting a new default time limit for users under 18 years old amid growing scrutiny over the popular social media app.
Zuckerberg says new Meta team to work on 'AI personas,' other features
Mark Zuckerberg on Monday announced a new team is being formed at Facebook parent Meta Platforms whose work is supposed to bring generative AI-based features.
Goldman Sachs gives strategy update at investor day
Goldman Sachs chairman and CEO David Solomon said the company made mistakes in its consumer business and would initiate other strategies to repair the issue.



















