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Nokia 4Q profit beats expectations on back of robust demand
Wireless and fixed-network equipment maker Nokia on Thursday reported strong fourth-quarter results on the back of robust demand for 5G... Read more
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Tesla will invest $3.6B in Nevada truck factory expansion
Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits,... Read more
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Families of Boeing MAX crash victims set to face company in US court
Relatives of passengers who died in the twin Boeing 737 MAX crashes are scheduled to confront the airplane maker Thursday... Read more
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IBM to cut 3,900 jobs as it reorganizes business
IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested,... Read more
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German software giant SAP to cut 3,000 jobs
German software giant SAP on Thursday said it planned to cut some 3,000 jobs this year, joining a wave of... Read more
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Tesla says its 4Q profit rose 59%, expects strong demand
Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional... Read more
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Big Tech is firing employees by the thousands. Why? And how worried should we be?
Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn't... Read more
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AmazonSmile's end is alarming, say nonprofits that benefited
Amazon's surprise decision to shut down its AmazonSmile donation program has left thousands of its nonprofit beneficiaries disappointed and concerned... Read more
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Boeing reports Q4 loss but reaffirms 2023 targets
Persistent supply chain woes and staffing issues led to another quarterly loss at Boeing, but the company on Wednesday confirmed... Read more
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Amazon workers hold first UK strike, adding to labor turmoil
Amazon warehouse workers went on strike for the first time in Britain on Wednesday because of a dispute over pay... Read more
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EasyJet hikes profit forecast on demand boom
British airline EasyJet hiked Wednesday its annual profit guidance after record demand and falling quarterly losses, as customers prioritise holidays... Read more
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Microsoft, amid layoffs, says quarterly profit declined 12%
Microsoft on Tuesday reported a 12% drop in profit for the October-December quarter, reflecting the economic uncertainty it said led... Read more
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EXPLAINER: University of Wisconsin latest to ban TikTok
The University of Wisconsin System has joined a number of universities across the nation that have banned the popular socail... Read more
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3M to cut 2,500 jobs as it girds for tougher economy
3M announced Tuesday it will cut 2,500 manufacturing jobs as the industrial giant reported lower profits and offered a lackluster... Read more
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Ticketmaster blames cyberattack for Taylor Swift tour debacle
US concert booking website Ticketmaster was hit by a cyberattack last year that led to it botching sales for Taylor... Read more