According to reports citing data from business insiders and programmers who were fired or resigned this week, Elon Musk, the new owner of the microblogging website Twitteractions’ at the company soon after he acquired it has caused an exodus of software engineers who keep the world's de-facto...

Elon Musk said on Wednesday that he expects to spend less time at Twitter and eventually find a new leader to lead the social media company, and that he hopes to complete an organizational restructuring this week.   Musk made the comments while testifying in a Delaware court to defend...

Sam Bankman-Fried, the founder of the defunct crypto exchange FTX, said in an interview with Vox that he regretted his decision to file for bankruptcy and criticized regulators.   Later on Twitter, Bankman-Fried stated that the basis of the interview, an exchange of messages on the same...

Amazon.com Inc plans to lay off around 10,000 employees in corporate and technology roles starting this week, according to reports quoting people familiar with the matter. If these reports turns out to be true, it would be the largest such reduction to date that will be made by the company.  ...

Berkshire Hathaway Inc announced the purchase of more than $4.1 billion in stock in Taiwan Semiconductor Manufacturing, marking the conglomerate's first significant foray into the technology sector.   The news enhanced investor sentiment for the world's largest contract chipmaker, which...

When asked about his recent purchase of Twitter and his role as CEO of the electric car maker Tesla Inc., billionaire Elon Musk responded that he was working "at the absolute most amount...from morning til night, seven days a week."   "I have too much work on my plate that is for sure,"...

In order to prevent cancer in patients whose tumors carry specific mutations, the British company GSK announced that it would restrict the use of its ovarian cancer drug Zejula in the United States as a second line of defense.   The news represents the second setback this week for GSK's...

The advertising and marketing conglomerate Omnicom Group Inc (OMC.N) has advised clients to temporarily stop spending money on Twitter, according to reports quoting information from an internal memo. . Over 5,000 clients, including Apple and McDonald's Corporation, are served by Omnicom globally....

FTX, a defunct cryptocurrency exchange, is said to have lost at least $1 billion in customer funds, according to a report by Reuters citing two people familiar with the situation.   According to the report, Sam Bankman-Fried, the founder of the exchange, secretly moved $10 billion in...

Days after completing his $44 billion acquisition of Twitter Inc., Tesla Inc. Chief Executive Officer Elon Musk has sold $3.95 billion worth of shares in the electric vehicle manufacturer, according to U.S. regulatory filings.   According to filings made public by the U.S. Securities and...

American chip manufacturer Nvidia Corp. is now selling an advanced chip in China that complies with new export regulations intended to prevent China from obtaining cutting-edge technology, according to a statement from the chip maker.    In response to Reuters' claims that Chinese...