X CEO Linda Yaccarino said she’s stepping down after two years running Elon Musk’s social media platform. Yaccarino posted a positive message Wednesday and said “the best is yet to come as X enters a new chapter with” Musk’s artificial intelligence company xAI, maker of the chatbot Grok.
NEW YORK (AP) – The first day of Amazon’s Prime Day event and competing retail sales that kicked off on Tuesday drove solid online spending compared to a year earlier, according to two data sources.
Less than a month after extending a deadline to ban TikTok for the third time, President Donald Trump told reporters late Friday night that, “We pretty much have a deal,” on TikTok – but he did not offer details.
Shares of Tesla tumbled 8% at the opening bell Monday as the feud between CEO Elon Musk and Trump reignited over the weekend. Musk, once a top donor and ally of Trump, announced that he was forming a third political party in protest over the Republican spending bill that passed late last week.
Australian airline Qantas said Wednesday that a hacker made off with a trove of customers’ personal data including passenger names, emails, phone numbers, birth dates and frequent flyer numbers.
BANGKOK (AP) – A U.S. judge has ruled that China’s Huawei Technologies, a leading telecoms equipment company, must face criminal charges in a wide reaching case alleging it stole technology and engaged in racketeering, wire and bank fraud and other crimes.
NEW YORK (AP) – Sales of Tesla electric cars fell sharply in the last three months as boycotts over Elon Musk’s political views continue to keep buyers away, a significant development given expectations that anger with the company’s billionaire CEO would have faded by now.
Microsoft is firing thousands of workers, its second mass layoff in months. The tech giant began sending out layoff notices Wednesday. The company declined to say how many people would be laid off but said that it will comprise less than 4% of the workforce it had a year ago.