Category: Technology

Twitter Inc. dismissed Elon Musk’s complaints that he doesn’t have enough information about spam and robot accounts an “irrelevant sideshow” and urged a judge to hold a trial as soon as possible over his cancellation of a $44 billion buyout of the company. “The earliest possible trial date is imperative,” Twitter’s attorneys said in the […]

Amazon.com Inc. warehouses near New York City, Chicago and Orlando were inspected by federal investigators Monday of as part of a probe into potential worker safety hazards. Investigators from the Department of Labor’s Occupational Safety and Health Administration visited the sites on referrals from federal prosecutors in Manhattan, said Nicholas Biase, a spokesman for US […]

Apple Inc. is the latest major technology company to rein in hiring and spending plans, adding to the evidence that even Silicon Valley stalwarts are worried about a recession in the coming months. The iPhone maker is looking to limit expenditures and job growth at some of its divisions, Bloomberg reported Monday, though Apple hasn’t […]

Taiwan Semiconductor Manufacturing Co. is selling its second dollar bond since April, a deal that may offer clues about investor appetite at a time of growing uncertainties about the chip industry’s outlook. The world’s largest contract chipmaker is marketing a two-part offering, with initial price guidance set at 150 basis points above US Treasuries for […]

Dubai is seeking to break into the world’s top 10 metaverse economies under a new strategy that envisions the sector supporting as many as 40,000 additional virtual jobs and adding $4 billion to the city’s GDP in five years. The government aims to develop global standards in building safe and secure platforms for users and […]

NTPC Ltd., India’s largest power producer, is going ahead with construction of its first coal-fired plant in about six years, as the global energy crunch spurs demand for the dirtiest fossil fuel. Bharat Heavy Electricals Ltd. emerged as the lowest bidder to build the 1,320 megawatt project in the eastern state of Odisha, according to […]

Tesla Inc. was hit by a lawsuit in Germany over potential privacy concerns linked to its car surveillance cameras and claims that buying its vehicles helps cut CO2 emissions. VZBV, the main German consumer association, filed the action in a Berlin court on Tuesday, according to a statement.