Category: Technology

SoftBank posts record $32 billion loss at its Vision Fund tech investment arm

SoftBank has faced headwinds in its Vision Fund investment division due to a fall in…

Amazon ‘not concerned’ about wave of unionizing because of competitive pay, benefits, exec says

Amazon workers hold GMB union placards on the picket line as they hold a strike…

Drone maker Zipline, on track for 1 million deliveries, adds vitamins, pizzas and prescriptions to cargo

Drone technology company Zipline, which rose to prominence flying critical medical supplies like blood bags…

Hyundai explains how it plans to become one of the world’s top three EV makers by 2030

A presenter stand next to Hyundai's all-electric SUV 'IONIQ 5' during its launch at the…

Iger hammers Florida ‘retaliation’ on Disney’s earnings call

A view of the Walt Disney World theme park entrance on July 8, 2020 in…

Microsoft skips salary increases for full-time employees this year

Satya Nadella, CEO of Microsoft, appears at the World Economic Forum in Davos, Switzerland, May…

Antitrust enforcement can help the U.S. stay ahead of China on tech, FTC Chair Khan says

Antitrust enforcement, rather than the absence of it, can better position the U.S. to stay…

Roblox stock up after company reports strong booking, user engagement growth

A man photographs a Roblox banner displayed, to celebrate the company's IPO, on the front…

Twitter to launch encrypted direct messages with voice and video chat to follow, Elon Musk says

Twitter CEO Elon Musk announced changes to the platform's direct messages feature including the introduction…

Microsoft agrees to buy electricity generated from Sam Altman-backed fusion company Helion in 2028

A view of the end of Helion's seventh generation prototype, the Polaris.Photo courtesy HelionMicrosoft said…