Rivian is laying off another six percent of its workforce
Electric vehicle maker Rivian is laying off another six percent of its workforce. The company reduced its headcount by the same proportion of workers back in...
Tesla delivered over 405,000 vehicles in Q4 2022, setting a new company record
Tesla delivered 405,278 electric vehicles over the final three months of 2022, the automaker announced on Monday. That number represents a new record for the company,...
Microsoft and FTC pre-trial hearing set for January 3rd
A federal judge has set a date for the first pre-trial hearing between Microsoft and the Federal Trade Commission (FTC). The two go to court on...
Meta buys smart lensmaker Luxexcel to further AR ambitions
Facebook parent company Meta has acquired Luxexcel, a Dutch startup specializing in smart eyewear. News of the purchase was first reported by De Tijd and later...
Ye is no longer buying Parler, the ‘free speech’ social media app
Ye is no longer buying Parler, the controversial social media app that’s billed itself as a “free speech” alternative to Twitter. Ye, formerly known as Kanye...
Elon Musk is officially the CEO of Twitter (for now)
Now that Elon Musk owns Twitter, he’s officially taking the reins as CEO — for the moment, anyway. Twitter has made an amended filing with the...
Sony has sold over 25 million PS5s
In its latest earnings drop, Sony said it sold 3.3 million PlayStation 5s this quarter, matching exactly what it did last year and bringing total units...
Intel-owned autonomous driving tech company Mobileye files for an IPO
Mobileye, the self-driving tech firm that Intel had purchased for $15.3 billion back in 2017, has filed for an IPO with the Securities and Exchange Commission....
Robinhood lays off almost a quarter of its staff
For the second time this year, Robinhood is cutting its headcount. On Tuesday, the company announced it would lay off 23 percent of its workforce. According...
Sheryl Sandberg officially steps down as COO of Meta
It’s the end of an era at the company formerly known as Facebook. Sheryl Sandberg has officially stepped down as Chief Operating Officer on August 1st,...