Category: Technology

Reuters exclusively reported that A Delaware judge tossed out Elon Musk’s record-breaking $56 billion Tesla (TSLA.O), pay package on Tuesday, calling the compensation granted by the EV maker’s board “an unfathomable sum” that was unfair to shareholders.   The post Judge voids Elon Musk’s ‘unfathomable’ $56 billion Tesla pay package appeared first on Reuters News Agency.

Reuters exclusively reported that The United States on Wednesday added more than a dozen Chinese companies to a list created by the Defense Department to highlight firms it says are allegedly working with Beijing’s military, as part of a broader effort to keep American technology from aiding China.  The post Pentagon calls out Chinese companies...

Reuters exclusively reported that Thailand hopes to start producing lithium from a mine in its southwest in about two years, boosting its ambitions to become a regional electric vehicle (EV) production hub.   The post Thailand aims for lithium output in two years, boosting EV ambitions  appeared first on Reuters News Agency.

Palantir reported fourth-quarter earnings after the bell Monday.

The digital advertising market appears to be on the upswing based on quarterly results last week from Alphabet, Meta and Amazon.

The Snapchat owner said it will cut 10% of its staff, the latest round of big tech layoffs even as stocks soar.

Delivery Hero put out preliminary results Monday, earlier than they were expected to drop, after the company saw 26% erased from its share value last week.

Microsoft CEO Satya Nadella is marking a decade at the helm, and he’s now overseeing the world’s most valuable company.

Wall Street is rewarding tech companies like Meta and Amazon for showing financial discipline and maturation.

In Meta’s latest annual filing, the company said CEO Mark Zuckerberg’s involvement in “combat sports” and other activities is a risk to investors.