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

Time Inc. Acquired Viant, Which Owned MySpace and Other Ad-Related Business Units
Time Inc. was interested in big data owned by Specific Media when they acquired Viant, which owns Specific Media. Apparently, Viant also owned other business units, including social network Myspace. T
107 Yahoo Employees Received Layoff Notice As Part of The Planned 1,500 Job Cuts
Yahoo’s planned restructuring plan had started on Wednesday, whereas 107 employees had received a written notice that after 60 days they would have to leave the office. That would be the first batch o
Microsoft Announced Partnerships With 74 Android Device Makers
Microsoft announced that now the company has partnership with 74 Android device makers in 2015. The agreement says that the OEMs will have to pre-install Microsoft apps on their devices. Lately, Micro
DFJ Raises $350 Million Fund As Its 12th Fund
Draper Fisher Jurvetson (DFJ) has raised another venture capital fund. The firm raised $350 million as its twelfth fund. DFJ is interested to invest autonomous transportation, digital health, enterpri
Prudential Financial Going To Discuss Fourth Quarter Financials On Thursday Through Video Conference Call
Prudential Financial has announced its fourth quarter financials of 2015 on Wednesday. Assets under management have been amounted to be $1.184 trillion on December 31, 2015. It has been compared to $1
US Foods Files For Up To $100 Million IPO Under New York Stock Exchange
Sysco has initiated a process to acquire US Foods for $3.5 billion in 2013. The effort has been blocked by a federal judge under certain grounds. The debt burdened distribution giant has finally opted
Disclosure Of Fourth Quarter Earnings Slashes SolarCity Stock Prices By 33.59%
SolarCity Corp. has been displaying a tremendous growth during the last couple of years. The largest solar plant provider in the US has disclosed fourth quarter earnings during late hours on Tuesday.
Microsoft Acquired Music Player App "Groove"
Months after rebranding Xbox Music and relaunched it by the name Groove, Microsoft acquired a music player app that goes by the same name. The Montreal-based startup agreed to sell the name and techno
Once Most Underachieving CEO Meg Whitman’s Pay Package Slashed By 13% In 2015
HP's business started to tatter since inception of Meg Whitman in 2011. In 2013, Bloomberg has named her as one of the ‘Most Underachieving CEO’ in the corporate world. To hold HP in its business path
Swatch Teams Up With Safilo to Design and Distribute Sunglasses Collection
Swatch will help design the sunglasses collection while Safilo will be in charge of production. The two companies will distribute the products in both their stores worldwide. The five-year agreement a
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