On Wednesday, Facebook parent company Meta laid off more than 11,000 people.
Category Archives: business
Twitter launches $7.99 subscription, which lets users pay for a checkmark
Twitter has begun rolling out the new, $7.99 version of its Twitter Blue subscription service, which allows users to pay for a blue checkmark indicating they
Credit card interest rates hit record high
The cost of carrying a balance on your credit card is now the highest it’s been in more than 30 years.
Single winning ticket for $2.04B Powerball jackpot sold in California
After three months and 40 straight losses, a single winning ticket was sold for the Powerball jackpot worth more than $2 billion. NBC’s Dana Griffin reports for TODAY.
Elon Musk sells at least $3.95B of Tesla shares after Twitter takeover
Elon Musk sold at least another $3.95 billion worth of shares in his electric car company Tesla after closing his $44 billion acquisition of Twitter.
Crypto exchange Binance to acquire competitor FTX, in duel for digital asset market
Binance, one of the world’s largest crypto exchanges, is making a play for FTX Trading, which was on an acquisition spree before reports it was battling insolvency.
Tesla recalls more than 40,000 U.S. cars over possible loss of power steering
Tesla is voluntarily recalling 40,168 2017-2021 Model S and Model X vehicles that could experience a loss of power steering assist, according to a Nov. 1
Judge denies Theranos founder Elizabeth Holmes' request for new trial
A federal judge has denied Theranos Inc. founder Elizabeth Holmes’ request for a new trial, setting the stage for her sentencing on fraud charges later this
Here’s how much equity U.S. homeowners have lost since May
The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity.
Airbnb changes booking process for travelers
Airbnb users will soon be able to see the total cost of booking stays before they check out, reversing a long-standing policy that had peeved many users.