Mass layoffs at Intel: California-based chipmaker Intel is laying off more than 2,000 employees in the United States to cut costs, as per reports. The layoffs...
Major tech companies are investing in nuclear power to support AI data centers. Nuclear energy provides clean, constant power for data centers. These investments also help...
Meta terminated employees who used $25 Grubhub credits meant for office meals on non-food items. Meta employees reacted to the news on the company’s Blind channel....
Netflix makes money. A lot of money. This is not news now. But a few years ago, when the company was burning billions a year, it...
TikTok wants to help creators sell their own custom products. The company has begun connecting manufacturers with creators to make goods to sell. Influencer products have...
Netflix reported its third-quarter earnings on Thursday. New-subscriber numbers beat analysts’ expectations at 5.07 million. The streaming service is trying to grow new sources of revenue,...
NEW YORK, October 17, 2024–(BUSINESS WIRE)–Seaport Entertainment Group Inc. (NYSE American: SEG) (the “Seaport Entertainment Group,” “SEG” or “Company”) announced today the closing of its successful...
Private lending is now Blackstone’s largest business by assets, up 22% since last year. Its chief operating officer, Jonathan Gray, said it’s “very early days” for...
By Andres Gonzalez and Ron Bousso LONDON (Reuters) -BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge...
Steve Martocci, cofounder of GroupMe, Blade, and Splice, is back with a new consumer health app. His startup, SuppCo, helps people find trusted supplements and track...
Klarna is assembling a team to build a stock-trading tool to compete with Robinhood, according to an internal message seen by BI. Klarna said it was...
Amazon is looking for ways to market itself outside the traditional TV spot under exec Amy Powell. Paramount vet Powell described how she’s drawing on her...