Business

GM Kills Off Cruise Robotaxi Efforts
General Motors dropped a bombshell, announcing it "will no longer fund Cruise’s robotaxi development work," rolling the division into its broader technical...
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Bill Staples Is GitLab’s New CEO
GitLabs announced that Bill Staples is the company's new CEO, replacing co-founder and CEO Sid Sijbrandij, who is resigning to focus on his health....
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UnitedHealthcare CEO Allegedly Deployed Flawed AI to Deny Customers Coverage
In the wake of the UnitedHealthcare CEO Brian Thompson's murder, additional details are coming to light, including the deployment of an allegedly flawed AI...
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Microsoft Asks FTC Inspector General to Investigate Possible FTC Leaks
Microsoft is asking the FTC Inspector General Andrew Katsaros to investigate whether FTC personnel leaked news of the agency's potential antitrust investig...
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Judge Strikes Down Elon Musk’s Compensation Package—Again
A Delaware judge has once again struck down a massive compensation package for Elon Musk, in what she called "a case about excessive compensation."...
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Why Toyota’s Entry into the Robotaxi Market Could Supercharge Tesla
The narrative around autonomous vehicles and the robotaxi market is poised to take a dramatic turn, and it's a familiar face who might kick-start that cha...
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China Retaliates Against US Chip Sanctions
China is retaliating against the latest chip sanctions by the US, banning exports of rare minerals to the US that are vital to semiconductor production....
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Google Takes Page From Slack and Teams, Introduces ‘Huddles’ in Google Chat
Google is taking a page from Slack and Microsoft Teams, adding instant-on, audio-first "huddles" as a new way to connect in Google Chat....
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Apple Employees Sue Company, Claim It Spies On Them
Apple is facing a new challenge in the form of a lawsuit by its employees claiming the company is spying on them via their personal accounts....
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Intel CEO Pat Gelsinger Retires
Intel announced CEO Pat Gelsinger has retired, an unsurprising development given the company's current state and the issues surrounding Gelsinger's attempt...
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Intel Is Legally Obligated to Retain Control of Foundry Business
As Intel continues to struggle with its turnaround, at least one possibility is off the table, with the company legally prohibited from selling its foundry...
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Meta ‘Planning One Hell Of’ An Undersea Cable
Meta is reportedly getting back into the subsea cable space, "planning one hell of a cable" that will span much of the globe....
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Qualcomm Rethinking Plans to Purchase Intel
Following much-hyped rumors it was investigating an Intel takeover, the latest reports suggest Qualcomm is no longer interested in a full buyout, but still...
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ISPs Claim “Excellent Customer Service” Amid FTC Scrutiny
Internet service providers (ISPs) defended their customer service practices following a Federal Trade Commission (FTC) review that scrutinized the industry...
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Salesforce Closes Own Acquisition, Will Lay Off 700 Employees
Salesforce has completed its acquisition of Own, a company specializing in data management and protection, and will lay off roughly 700 employees....
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