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Explainer-What is an ‘everything app’ and why does Elon Musk want to make one?

Explainer-What is an ‘everything app’ and why does Elon Musk want to make one?

by Reuters | Oct 5, 2022 | Business, Economy, Technology, Top News, US

By Sheila Dang (Reuters) – Why is Elon Musk suddenly thinking about creating an “everything app,” and what does that even mean? The question arose on Tuesday after the billionaire chief executive of Tesla Inc reversed course on his earlier decision...
Musk reverses course, again: he’s ready to buy Twitter, build ‘X’ app

Musk reverses course, again: he’s ready to buy Twitter, build ‘X’ app

by Reuters | Oct 4, 2022 | Business, Economy, Technology, US

By Anirban Sen and Tom Hals (Reuters) – Billionaire Elon Musk is proposing to proceed with his original $44 billion bid to take Twitter Inc private, security filings showed on Tuesday, calling for an end to a lawsuit by the social media company that could have...
Twitter surges as Musk proposes going through with deal

Twitter surges as Musk proposes going through with deal

by Reuters | Oct 4, 2022 | Business, Economy, Technology, US

By Noel Randewich (Reuters) – Twitter Inc’s stock surged on Tuesday after billionaire Elon Musk proposed to go ahead with his takeover of the social media platform at $54.20 per share. Twitter jumped over 22% to end at $52.00 after a securities filing...
GM outsells Toyota in U.S. as industry braces for brakes on demand

GM outsells Toyota in U.S. as industry braces for brakes on demand

by Reuters | Oct 3, 2022 | Asia, Business, Economy, Top News, US

By Aishwarya Nair (Reuters) – General Motors Co outsold Japanese automaker Toyota Motor Corp in the United States in the third quarter, data on Monday showed, but analysts and investors are fretting that a darkening economic picture will lead to a drop in car...
Apple loses second bid to challenge Qualcomm patents at U.S. Supreme Court

Apple loses second bid to challenge Qualcomm patents at U.S. Supreme Court

by Reuters | Oct 3, 2022 | Business, Economy, Technology, Top News, US

By Blake Brittain WASHINGTON – The U.S. Supreme Court on Monday again declined to hear Apple Inc’s bid to revive an effort to cancel three Qualcomm Inc smartphone patents despite the settlement of the underlying dispute between the two tech giants. The...
Wall St posts third straight quarterly loss as inflation weighs, recession looms

Wall St posts third straight quarterly loss as inflation weighs, recession looms

by Reuters | Sep 30, 2022 | Business, Economy, Top News, US

By Stephen Culp NEW YORK (Reuters) – The S&P 500 closed the books on its steepest September decline in two decades on Friday, skidding across the finish line of a tumultuous quarter fraught with historically hot inflation, rising interest rates and recession...
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