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Musk plans to end free lunch at Twitter HQ, claims meals cost $13M a year
Twitter workers who survived the chopping block after Elon Musk overpaid for the social media site will soon have to pay for their own meals.
The billionaire said he will scrap the free meals served at…
Meet Caroline Ellison, Sam Bankman-Fried’s rumored ex-girlfriend
Caroline Ellison — the 28-year-old CEO of doomed crypto firm Alameda Research — is facing scrutiny not only over the firm’s multibillion-dollar meltdown, but also over rumors that she’s the ex-girlfriend of…
Amazon to slash 10,000 jobs starting this week: report
Amazon is planning to lay off some 10,000 employees in its corporate and technology sectors beginning this week, according to a report.
The culling would be the largest number of job cuts undertaken at any…
How Elon Musk scored a $55bn pay package that’s now under fire
The largest executive-pay package in US corporate history was born in a text message from Elon Musk.
On April 8, 2017, the entrepreneur was asked by his friend Ira Ehrenpreis, a Tesla board member, about how to structure his future…
Not so crazy anymore after all these years – The China Project
The Singles Day shopping festival: Not so crazy anymore after all these years – The China Project
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Big tech loses sway as S&P 500 becomes more Exxon, less Amazon
The power the world’s technology giants wielded over the US stock market for years as it surged to record highs has been greatly diminished by the bust of 2022.
Even after last week’s rally, Apple, Microsoft, Amazon.com, Alphabet and…
Elon Musk says he’s working morning to night, seven days a week
“I have too much work on my plate, that’s for sure,” Musk said Monday, responding to questions during a session at the B20 in Indonesia, a business conference running alongside the G20 meeting in Bali this week. “I’m working the…
Amazon’s new warehouse robot could one day replace humans
Amazon.com Inc has developed a robot capable of identifying and handling individual items, a milestone in the e-commerce giant’s efforts to reduce its reliance on the human order pickers who currently play a key role in getting products…
After natural disasters, electric vehicles come to the rescue
The morning after Hurricane Ian knocked out power at Westley and Sarah Ferguson’s home in Haines City, Florida, a suburb southwest of Orlando, Westley ran two extension cords into their house from the outlets on the couple’s Ford F-150…
Musk’s lawyer scrambles to calm Twitter staffers who fear jail over FTC scrutiny
The head of Elon Musk’s legal team scrambled to assuage the concerns of Twitter staffers who reportedly fear they could face prison if the company runs afoul of federal regulations.
In a memo to staffers,…