By Sheila Dang (Reuters) -Why is Elon Musk suddenly thinking about creating an "everything app," and what does that even mean? The question arose after the billionaire chief executive of Tesla Inc earlier this month reversed course on his decision…
(Reuters) - A carnage in U.S. technology stocks widened on Thursday as shares of Meta Platforms Inc sank 20% after the Facebook parent's costly metaverse bets and the impact of soaring inflation on ad spending spooked investors. Meta was set…
(Corrects date of verdict to Wednesday from Tuesday in second paragraph, with no other changes to headline or text) By Jonathan Stempel NEW YORK (Reuters) - A federal jury in Detroit ordered Ford Motor Co to pay Versata Software Inc…
By Lisa Baertlein and Shivansh Tiwary (Reuters) - United Parcel Service investors want to see this week how the delivery giant is managing through the bursting e-commerce delivery bubble better than rival FedEx. The global shipping downturn has been a…
By Joey Roulette WASHINGTON (Reuters) - Elon Musk's SpaceX is expanding its satellite internet unit's foray into in-flight WiFi services with the rollout on Wednesday of Starlink Aviation, offering customers a $150,000 airplane antenna amid mounting competition for airborne connectivity.…
By Dawn Chmielewski and Lisa Richwine (Reuters) - Netflix Inc upended the global entertainment industry about a dozen years ago with a streaming video service that rendered network television programming schedules and movie screening times all but irrelevant. Now, Netflix…
(Reuters) -Apple Inc is cutting production of iPhone 14 Plus within weeks of starting shipments as it re-evaluates demand for the mid-range model, the Information reported on Tuesday, citing two people involved in the company's supply chain. The Cupertino, California-based…
By Satoshi Sugiyama and Ben Klayman TOKYO/DETROIT (Reuters) - A new joint venture formed by Japan's Sony Group Corp and Honda Motor plans to introduce a premium electric vehicle later this decade, and the automaker's U.S. dealers are anxious to…
By Raphael Satter (Reuters) -Ephemeral messaging app Snap had employee data exposed by a breach at a third-party document analysis firm, according to a document reviewed by Reuters on Thursday. Snap said it had been told by document analysis company…
(Reuters) - Billionaire Elon Musk's SpaceX said on Wednesday that the world's first space tourist Dennis Tito and his wife Akiko have signed up to fly around the moon on the space exploration firm's Starship rocket. Engineer turned financial analyst…