Amazon CEO Andy Jassy says layoffs will continue into next year
Amazon will continue to lay off employees in the coming year, CEO Andy Jassy wrote in a memo to workers on Thursday.
Elon Musk sets more in-office requirements at Twitter, threatens lax managers
A pair of new emails from Elon Musk to Twitter employees says managers must meet in person with employees — even exceptional ones — at least monthly.
FTX tells court it has evidence Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy
FTX lawyers said Bahamian regulators directed Sam Bankman-Fried to transfer digital assets to the custody of the Bahamian government.
Retail traders have been selling into the rally, but they are buying two tech names
Investors dropped shares of Amazon and Apple in the past week, but flocked toward two other tech stocks.
FTX used corporate funds to purchase employee homes, new filing shows
Corporate funds were used by FTX to purchase homes for the benefit of employees, a bankruptcy filing from new CEO John Ray III said.
Emoji for expenses, penthouses and slipshod accounting: The most damning details from new FTX CEO’s report
A filing from FTX’s new CEO reveals a culture of permissiveness and laxity, where expenses were approved with emoji and company funds paid for employee homes.
Bill Miller keeps betting big on this energy stock, which is up 60% this year
His hedge fund Miller Value Partners held about $90 million worth of Ovintiv shares, making it the top holding at the end of the third quarter.
Former SpaceX employees file labor complaints alleging retaliatory firings by Elon Musk’s company
Former employees of SpaceX filed federal complaints against the company on Wednesday, alleging Elon Musk’s venture illegally fired them.
Meta reportedly disciplined or fired more than two dozen workers for taking over Facebook user accounts
Meta Platforms fired or disciplined more than two dozen employees and contractors who took control of user accounts, according to The Wall Street Journal.
GM expects EV profits to be comparable to gas vehicles by 2025, years ahead of schedule
General Motors expects its new electric vehicles to be in-line with traditional cars and trucks with internal combustion engines by mid-decade.
