~hackernews | Bookmarks (164)
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Meta's Reality Labs loses record $4.65B ahead of Apple's Vision Pro launch
Meta's Reality Labs unit brought in more than $1 billion in fourth-quarter sales but recorded an...
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Ups announces 12,000 job cuts, says package volume slipped last quarter
UPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally...
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Elon Musk's $56B Tesla compensation voided by judge
Chancery Court Chancellor Kathaleen McCormick told the parties in the lawsuit to confer on what would...
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Judge voids Elon Musk's $50B compensation package in Tesla
Elon Musk — the CEO of Tesla and SpaceX and owner of X, formerly Twitter —...
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PayPal to lay off 9% of global workforce
PayPal will cut 9% of its global workforce, or about 2,500 jobs, CEO Alex Chriss wrote...
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Amazon terminates iRobot deal, vacuum maker to lay off 31% of staff
The iRobot headquarters in Bedford, Massachusetts, US, on Friday, June 16, 2023. Amazon.com Inc.'s proposed $1.7...
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U.S. to reportedly announce billions of dollars in subsidies for advanced chips
TechPublished Sat, Jan 27 20246:37 AM ESTUpdated Sat, Jan 27 20248:18 AM ESTUS President Joe Biden...
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Tech layoffs balloon in Jan. as rally lifts Alphabet, Meta, Microsoft to records
So far in January, some 23,670 workers have been laid off, the most in any month...
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Apple faces 'strong action' if App Store changes fall short, EU's Breton says
Thierry Breton, France's European Union commissioner for internal market and consumer protection, industry, research and energy.JOHN...
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Microsoft lays off 1,900 workers, nearly 9% of gaming division
Microsoft CEO Satya Nadella listens to an audience member's question during the company's annual shareholder meeting...
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Turkey hikes interest rate again to 45% after inflation nears 65%
Turkey's central bank on Thursday hiked its key interest rate to 45%, in line as expected.Inflation...
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Tesla misses 4th qtr estimates on weak auto sales and warns of lower growth
Elon Musk, chief executive officer of Tesla Inc and X (formerly Twitter) Ceo speaks at the...
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eBay to slash about 1,000 roles, or approximately 9% of full-time employees
EBay said Tuesday it's laying off 1,000 full-time employees.CEO Jamie Iannone told employees the company will...
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SAP plans voluntary buyouts or job changes for 8k employees in restructuring
SAP announced a restructuring plan that will affect over 7% of SAP's workforce of about 108,000,...
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Netflix adds 13.1M subscribers, tops revenue estimates
LOS ANGELES — Shares of Netflix jumped in extended trading Tuesday after the company reported adding...