Meta Platforms Inc (META.O) will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday, the Wall Street Journal reported. Zuckerberg appeared downcast in Tuesday’s meeting and said he was accountable for the company’s missteps...
Billionaire Elon Musk’s social media platform Twitter will introduce an “Official” label for select verified accounts including major media outlets and governments when it launches its new $8 premium subscription product, its early stage products executive Esther Crawford said on...
Chinese planemaker Commercial Aircraft Corporation of China (COMAC) secured orders from multiple leasing firms to supply a total of 330 planes, according to local news service Yicai. COMAC said at China’s biggest airshow in Zhuhai on Tuesday that 300 of...
Chinese exports shrank 0.3% in October for the first time since May 2020, as softening demand in key U.S. and European markets finally took their toll on a sector that had done much to offset weak domestic demand and tanking property. Officials...
Malaysia’s economy grew in double digits for the first time in over a year in the third quarter, boosted by strong domestic consumption and robust exports, according to a Reuters poll, but the outlook ahead was clouded by risks of...
Walt Disney Co (DIS.N) missed Wall Street earnings forecasts on Tuesday as the entertainment giant racked up more losses from its push into streaming video, sending its shares tumbling 9%. The company gained more streaming customers than analysts had expected from July...
Tesla Inc (TSLA.O) top boss Elon Musk has sold $3.95 billion worth of shares in the electric-vehicle maker, regulatory filings showed, days after he closed the $44-billion deal for Twitter Inc. The latest sale brings total Tesla stocks sold by Musk to...
An earthquake in western Nepal killed at least six villagers, four of them children, as the tremor destroyed mud and brick houses in remote communities living in the foothills of the Himalayas. The quake struck in the early hours of...
Iga Swiatek showed why she is world number one and the hot favorite to win this year’s WTA Finals in Forth Worth with a 6-2 6-3 dismantling of Daria Kasatkina before Caroline Garcia beat Coco Gauff in straight sets on...
Mercedes have told Lewis Hamilton he can be sure of a seat if he wants to stay in Formula One and believe he can emulate NFL great Tom Brady and compete into his 40s. The seven-times world champion and winner...
