Elon Musk’s X Corp. said it’s been “vindicated” by an independent consulting firm’s findings that it addressed privacy concerns raised by the Federal Trade Commission, the latest volley in a court fight over the company’s claims that the agency is “harassing” its billionaire owner.
People born after the first United Nations climate summit in 1995 are more worried about rising prices than global warming, a new survey finds.
Grab’s rough journey helps explain why the island nation has struggled to become the region’s Silicon Valley.
The rough journey of an Uber-like ride-hailing company helps explain why the island nation has struggled to become Asia’s Silicon Valley.
Israeli Defense Minister Yoav Gallant vowed to wipe Hamas “off the face of the Earth” as the new unity government signaled a major ground offensive would start soon in retaliation for an attack by the militant group that killed 1,200 people.
In June 2022, amid the broader crypto meltdown, Caroline Ellison and FTX co-founder Sam Bankman-Fried were looking at a massive hole in Alameda Research’s balance sheet.
Microsoft Corp. will appeal a decision by the US Internal Revenue Service that the software maker owes at least $28.9 billion in taxes related to how it allocated income and expenses among global subsidiaries from 2004 to 2013.
Alameda Research co-Chief Executive Officer Caroline Ellison took the stand for a second day on Wednesday in the trial of Sam Bankman-Fried, co-founder of crypto exchange FTX. Ellison, who also had an on-and-off romantic relationship with Bankman-Fried, is the most important of the government’s three star witnesses.
Stocks extended their rebound from oversold levels as traders shrugged off a hotter-than-estimated inflation reading to focus on less hawkish comments from Federal Reserve speakers. Oil fell after an early-week surge.
Ericsson expects to record an impairment charge of nearly $3 billion in the third quarter, citing higher interest rates and a slowdown in the Vonage business it bought for $6.2 billion last year. The US-traded shares fell as much as 3.7% on the news.
