Lawmakers urge tech CEOs to do more to help Iranian protesters circumvent internet censorship
They told the CEOs of Amazon, Apple, Google, Meta, Microsoft and DigitalOcean that they should be “more proactive” in getting important services to Iran.
Trump applauds Musk’s Twitter takeover, says the platform that banned him ‘is now in sane hands’
Musk has previously said he would reverse Trump’s ban once he owned the company, though the former president said he would not come back.
Amazon shares fall 7% on weak fourth-quarter forecast
Amazon gave weak guidance for the fourth quarter, and its third-quarter revenue fell short of expectations.
Workers at NYC Starbucks and Amazon Go store file petition to unionize
Workers at the Starbucks and Amazon Go store in midtown Manhattan filed a petition for a union election on Friday.
Key inflation gauge for the Fed rose 0.5% in September, in line with expectations
The core personal consumption expenditures price index increased 0.5% from the previous month and accelerated 5.1% over the past 12 months.
A court just ruled that CFPB’s funding is unconstitutional, and that could be ‘catastrophic’ for mortgage markets
A court last week tossed out a regulation by the CFPB in a complicated ruling that attorneys worry could upend U.S. mortgage markets.
Elon Musk now in charge of Twitter, CEO and CFO have left, sources say
Tesla CEO Elon Musk has taken control of Twitter, which he agreed to purchase for $44 billion.
Pinterest shares soar on third-quarter revenue beat as it bucks online ads trend
Pinterest shares jumped over 14% after the company posted third-quarter earnings that beat on both revenue and earnings per share.
Intel announces up to $10 billion in cost reductions through 2025
Intel said that it intends to find cost reductions and efficiencies worth up to $10 billion through 2025. But guidance for the full fiscal year came up short.
Amazon’s cloud business just recorded its weakest growth to date and missed analysts’ estimates
Amazon Web Services reported weaker-than-expected revenue in the third quarter.
