Zuckerberg reaches a deal allowing him to sell nonvoting shares to help pay a proposed 5% California wealth tax that could cost him over $11B
Browsing: Corporate governance
Walmart introduces AI shopping agents with purchase approvals and privacy safeguards, contrasting with Amazon’s efforts to block third-party
Micron introduces quarterly profit-sharing bonuses worldwide, increases retirement contributions and paid leave in Taiwan.
Automattic, parent company of WordPress.com, Tumblr, WooCommerce, begin layoffs across teams, with further job cuts expected in coming months
Amazon plans to hire more than 300,000 U.S. workers for the holiday season, offering average seasonal pay of $20 an hour and expanded health care benefits.
Indian tech workers are returning to India in growing numbers amid U.S. visa uncertainty, layoffs and tighter immigration rules, new data reveals.
ByteDance is in advanced talks with MediaTek to purchase custom AI chips for data centers amid rising demand and US export restrictions.
Netflix lays off TV executives Lisa Lang McMullen, James Oh, Carolina Garcia and Andrew McQuinn amid job cuts.
The former xAI executive will succeed Sachin Katti as OpenAI reshapes leadership of its data center and computing operations
Greenspace Herbs launches Morimin, a Moringa-based formulation targeting U.S. nutraceutical brands with plant-based nutrition
Bending Spoons product lead Federico Simionato faces backlash for announcing Airtable layoffs alongside product updates, sparking criticism
BlackRock shifts to short-term US Treasuries and neutral US stocks as rising bond yields and market volatility reshape investment strategies
Kroger’s planned 3,000 corporate job cuts have sparked a viral X post alleging links to India expansion, raising questions about outsourcing
Investor Gene Munster predicts SpaceX could eventually launch a phone as Elon Musk’s company acquires low-band spectrum.
Three former OpenAI researchers allege they were fired for raising AI safety concerns, while the company cites policy violations.
LinkedIn will base employee bonuses entirely on individual performance starting in 2027, ending its current system that weighs results equally
HubSpot will cut about 600 jobs, or 7% of its workforce, as CEO Yamini Rangan accelerates the company’s shift toward an AI-focused strategy.
Samsung expects record operating profit as strong artificial intelligence chip demand lifts memory sales and tightens global supply.
Musk accuses unnamed “oligarchs” of blocking Starlink’s India launch as the government rejects his claims and cites pending security clearance
Denim icon raises profit forecast after securing federal refunds, leaning into women’s apparel and international growth.
Amazon employees are reporting layoffs on Reddit as the company confirms corporate job cuts across its Stores division.
Apple is working on a new ecosystem of smart home devices through a partnership with LG, according to a Bloomberg report.
SpaceX shares fall as investors question rising AI costs after the company reportedly seeks $40 billion to buy Nvidia chips.
Porsche plans to cut 9,000 jobs by 2035 as it focuses on luxury models to counter slower sales and restore profits.
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