High-speed train company Hyperloop One shuts down
Based on an Elon Musk idea, with previous backing from Richard Branson, the firm will close this month.
Based on an Elon Musk idea, with previous backing from Richard Branson, the firm will close this month.
Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and meeting its 2023 target of 1.8 million vehicles as a year-end sales push paid off. The automaker delivered 494,989 vehicles in the quarter, but it fell short of the 526,409 fully electric vehicles China’s BYD, which many analysts say is…
The New York Stock Exchange welcomes executives and guests of Audacy (NYSE: AUD), today, Friday, April 9,2021, in celebration of its recent company rebrand. NYSE Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection in Texas to reduce its debt. The restructuring agreement will allow Audacy to slash…
Updated Jan. 3, 2024 1:42 pm ET Xerox Holdings said it would reduce its workforce by 15% and shake up its leadership team as it reorganizes its operating model. The printer maker said Wednesday that it had formed a global business-services unit as it aims to stabilize its core print business. Xerox also plans to…
The hidden devices remain available despite being at the centre of a US case against the firm.
The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland on April 3, 2021. Jaap Arriens | NurPhoto | Getty Images Discord will lay off 17% of the company’s workforce, which equates to 170 employees, a spokesperson confirmed on Thursday. The company, which provides a popular messaging service used by…
AutomotiveTechnology 29 November 2023, 10:09 am 1 minute Reuters exclusively reported that Huawei Technologies’ (HWT.UL) new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion) after it sells stakes to investors including Changan Auto.  Market Impact Huawei will likely remain the single largest shareholder with…