Firm Management

Tesla Enters 4th Week of Layoffs as Elon Musk Announces New Job Cut Round, Making More and More Employees Hopeless

Elon Musk announces new job cut round, making Tesla enter its 4th week of layoffs. More and more employees are becoming hopeless.


Twitter Founder Jack Dorsey Leaves BlueSky Board a Few Months After Deleting His Own Account on the Social Network

Twitter founder Jack Dorsey has left the board of Bluesky, the decentralized social media platform he co-founded...

UPDATE: Boeing Locks Out Firefighters Amid Labor Dispute, Negotiation with Machinists

Boeing locked out 125 unionized firefighters and emergency responders in Washington state this weekend in a dispute over a new four-year contract...

Paramount Reportedly Greenlights Buyout Discussions with Sony, Apollo As Skydance Deal Fades

Paramount's board committee on Saturday met and approved talks with Sony and Apollo, who submitted a nonbinding letter of interest...


Latest News

Tim Cook Finally Invited For Testifying Before Congress Subcommittee
The US Department of Justice has been favored with a court order in getting technical assistance from Apple for unlocking an iPhone. Apple CEO has vowed to challenge the court order citing iPhone secu
Indian Pharmacy Aggregator CareOnGo raises $300,000 Seed Fund
Indian retail pharmacy sales have been expected to cross $11.5 billion in 2015. Many startups have appeared in the market of online medicine and CareOnGo takes a leading position among them in online
Facebook Plans to Monetize Messenger; Will Allow Businesses to Send Ads
A leaked document revealed Facebook’s plan to start monetizing on of its fastest-growing and most popular product, the Messenger. The document stated that in the second quarter this year, a new featur
Juno Is Getting Ready to Compete With Uber, Aiming A Better Relationship With Drivers
A startup is getting ready to launch a ride-sharing app that could compete against Uber. The startup claimed that they would aim to form a better relationship with drivers and pay the drivers better w
A Startup Promising Wedding Loan Shifted to a Crowdfunding Platfrom, Disappoint Couples
A startup offering up to $10,000 loan to help couples fund their wedding had shifted its business concept to a crowdfunding platform. The move infuriates many couples expecting the loan, whereas the s
Abengoa’s Plea For $1.85 Billion Attracts Investors A Little, Analysts Doubt Over Cash Requisites
Abengoa SA has been witnessed to tatter since Spain government has withdrawn subsidy on renewable energy sector. The company has been battling with a debt burden of €8.9 billion and seeks fresh cash i
Crédit Agricole Proposes Dividend of €0.60 per share, Announces Simplification of Capital Structure
Crédit Agricole SA has been widely criticized for its complex cross-shareholding between listed entity and cooperative parent banks. Finally it has announced plans for simplification of its capital st
Devon Energy Cuts 1,000 Jobs, Company May Cut 600 More to Reduce Expenses
Oil and gas prices have continued to slashing down in 2016. Due to lower commodity prices, Oil and gas companies are adopting cost reductive measures including job cuts. After job cut spree in Sandrid
Yello Mobile Receives Investment For $30 Million From SBI Holdings, Expects For Further Receipt
Yello Mobile, South Korean fastest growing mobile app company has received $30 million more fund from SBI Holdings Inc. With the recent investment, the fund grows to $73 million in total. However, the
Schwark Satyavolu Joins Trinity Ventures as General Partner for Fintech
Serial entrepreneur, advisor, and investor Schwark Satyavolu will join Silicon Valley investment firm Trinity Ventures. He will be taking care of fintech, a subject matter in which he has impressive e
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