Lyft to slow hiring, assess budget cuts
Ride-hailing firm Lyft Inc said that it would slowdown hiring and assess budget cuts in some departments, joining rival Uber Technologies Inc in attempting...
Ericsson to restructure operations
Ericsson laid out plans to restructure its operating units to focus on mobile infrastructure and business customers, and announced that two senior executives will...
China in talks with automakers on EV subsidy extension
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022. This is by...
Investors think unlikely Musk buys Twitter at agreed $44 BLN price
The stock market took the view for the first time that it was unlikely that Elon Musk will acquire Twitter Inc for $44 billion. The...
AMD says data center boom will boost revenue
Advanced Micro Devices Inc forecast stronger- than-expected full year and second-quarter revenue, with the data center boom boosting demand for its chips,and its shares...