Reddit wants to be valued at $6.4 billion before going public
The social networking business plans to list its shares on the New York Stock Exchange. The company has never turned...
CEO
Amazon-iRobot agreement canceled following EU objection
In a joint statement, the firms expressed their disappointment over the lack of a clear regulatory pathway to allow them...
Tesla Mexico appoints Terry Gutierrez as its new CEO
Teresa Gutiérrez, replaces Françoise Lavertu; she has more than 10 years of experience in the e-commerce, logistics and marketing sectors....
The five richest men in the world have doubled in value since 2020, according to a survey
An Oxfam research claims that since 2020, the wealthiest five men in the world have more than doubled. The organization...
Steve Ballmer is wealthier than Mark Zuckerberg, Warren Buffett, and the co-founders of Google thanks to his $120 billion fortune
Even though he didn't establish Microsoft and left his position as its CEO almost ten years ago, Steve Ballmer is...
The cost of Spotify’s premium subscription tiers has increased
On Monday, Spotify revealed it would raise the cost of its Premium subscription plans by up to $2, which equates...
Five days after debut, Meta’s Threads app had 100 million signups
Today, Meta Platforms Inc. revealed that more than 100 million people had downloaded the brand-new social networking software Threads. The...
Meta shares increase after Threads’ release, but experts see little change for the price in the immediate future.
On Wednesday, Meta Platforms unveiled Threads, a service that directly competes with Twitter. In a matter of hours, the new...
Ford is eliminating hundreds of white-collar positions in order to cut costs as it transitions to electric vehicles
Ford Motor Company is undergoing yet another round of white-collar job layoffs as it strives to minimize expenses while it...
Abu Dhabi will acquire a 7% stake in the Nio electric vehicle company in China.
In exchange for a board seat and a 7% interest in Nio Inc., the government of Abu Dhabi is providing...
