Etsy: Online marketplace lays off 11% of staff to cut costs
CEO Josh Silverman tells staff the cuts are needed as sales have been “essentially flat” for two years.
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This new nuclear stealth bomber is top secret. So why is the B-21 Raider flying over Palmdale?
After years of secrecy, the B-21 Raider emerged from its Palmdale hangar Friday morning and took its first flight, soaring through the sky and giving plane enthusiasts, contractor employees and the public its first glimpse of the futuristic-looking bomber in air. The B-21 bomber, which is being built by Northrop Grumman Corp., took off from…
“Vanilla Gift” card issuer faces lawsuit over card-draining scam risk
A gift card issuer is facing a lawsuit over allegations it failed to make its popular prepaid cards less susceptible to a common scam. The lawsuit, filed last month by San Francisco City Attorney David Chiu, alleges Incom’s “Vanilla Gift” and “One Vanilla” non-reloadable cards featured “insufficient” packaging and “lax security features” that made them…
China’s BYD overtakes Tesla’s electric car sales in last quarter of 2023
Electric-only deliveries from Chinese company BYD outpaced Elon Musk’s Tesla for the first time.
Ether prices spike on hopes of an ETF — but the SEC signals that’s less clear cut than bitcoin
St. Moritz, SWITZERLAND — U.S. Securities and Exchange Chair Gary Gensler fired warning shots to the crypto industry, casting doubt over whether digital coin ether would follow next in the footsteps of bitcoin to receive approval for an exchange-traded fund. After the bitcoin ETF approval, prices for ether — the token linked with Ethereum —…
Virgin Media ‘fastest wi-fi’ advert banned by watchdog
In a statement Virgin said it was “surprised and disappointed” by the ruling. “Given no consumers complained about the advert, and independent polling has shown the majority of people correctly understood what our claim meant, it’s slightly baffling that the ASA has ruled in this way,” a spokesman said.
Hewlett Packard Enterprise Strikes $14 Billion Deal to Buy Juniper Networks
Hewlett Packard Enterprise struck a roughly $14 billion deal to buy Juniper Networks in a big bet on networking and artificial intelligence. The companies unveiled the transaction late Tuesday, a day after The Wall Street Journal reported that a deal was close. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
