Business
Latest news, analysis, and updates in business.
Lime Bets Big on IPO to Scale Micromobility Market
Lime files for IPO, betting public markets will back its micromobility growth despite missing financial details.
4 min read
Truecaller Slashes 70 Jobs After Ad Revenue Crashes 44%
Truecaller cuts 70 jobs after a 44% ad revenue drop, revealing deep financial strain and urgent cost-cutting measures.
3 min read
Airlines Crack Down on Portable Batteries Over Safety Fears
American Airlines joins others in restricting portable batteries mid-flight due to safety concerns over lithium-ion fire risks.
4 min read
Uber Races to Control Autonomous Vehicle Data and Rides
Uber accelerates its strategy to dominate autonomous vehicle data, investments, and ride distribution to avoid losing mobility market control.
3 min read
ABC and Disney Challenge FCC Over First Amendment Threats
ABC and Disney accuse the FCC of threatening First Amendment rights by targeting news interview exemptions, risking broadcasters' editorial freedom.
4 min read
GM Pays $12.75M for California Driver Privacy Breach
GM agrees to a $12.75 million settlement over California driver data privacy violations, highlighting rising enforcement risks for automakers.
4 min read
Nvidia Grabs Goldman Sachs Star to Sharpen Financial Edge
Nvidia appoints former Goldman Sachs Vice Chair Suzanne Nora Johnson to boost financial governance and signal strategic maturity.
5 min read
Tech Cash Floods San Francisco Housing, Prices Surge Wildly
Tech wealth cash-outs are driving San Francisco’s housing market volatility, pushing prices up as demand outstrips supply.
6 min read
Porsche Cuts 500+ Jobs, Shutters E-Bike and Battery Units
Porsche shutters e-bike, battery, and software units, cutting 500+ jobs and refocusing on core automotive business amid industry shifts.
3 min read
Megelin Sparks Surge with Major Laser and LED Therapy Deals
Megelin cuts prices on best-selling laser and LED therapy devices, igniting a rush for affordable at-home wellness tech this Mother’s Day.
4 min read
AI Cuts 1,100 Cloudflare Jobs Despite Record Revenue Surge
Cloudflare cuts 1,100 jobs as AI replaces support roles, showing record revenue no longer protects tech workers from layoffs.
4 min read
Oracle Sidesteps WARN Act, Denies Laid-Off Workers Better Severance
Oracle used remote worker status to bypass WARN Act protections, denying laid-off employees better severance and 60-day notice.
5 min read