Dish confirms 300,000 people's data was exposed in February's attack:
theregister.com/2023/05/23/dish_networks/
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UnitedHealth confirms it paid ransomware gang to stop data leak: The UnitedHealth Group has confirmed that it paid a ransom to cybercriminals to protect ...
bleepingcomputer.com/news/security/unitedhealth-confirms-it-paid-ransomware-gang-to-stop-data-leak/
Tesla misses the mark on all fronts in quarter of chaos: Who cares that net profit slid 55%? Not Wall Street
theregister.com/2024/04/24/tesla_q1_2024/
In the face of bans, ByteDance tightens grip over US TikTok operations: Relationship between TikTok, ByteDance deepens as tensions over the app’s ownership ...
ft.com/content/0e040c03-e979-4acd-a6aa-6298301dcc42
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids: Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago ...
techcrunch.com/2024/04/23/tesla-profits-drop-55-company-says-ev-sales-under-pressure-from-hybrids/
TikTok reward-to-watch feature suspended after EU threats to block it: Service suspended in France and Spain amid safety and addiction concerns among children ...
theguardian.com/technology/2024/apr/24/tiktok-reward-to-watch-feature-suspended-after-eu-threats-to-block-it
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Ransomware payments drop to record low of 28% in Q1 2024: Ransomware actors have had a rough start this year, as stats from cybersecurity firm Coveware show that ...
bleepingcomputer.com/news/security/ransomware-payments-drop-to-record-low-of-28-percent-in-q1-2024/
Scott Farquhar to resign as joint CEO of Atlassian: Co-founder leaving ‘to spend more time with his young family, improve the world via philanthropy ...
theguardian.com/technology/2024/apr/26/scott-farquhar-to-resign-as-joint-ceo-of-atlassian
HelloKitty ransomware rebrands, releases CD Projekt and Cisco data: An operator of the HelloKitty ransomware operation announced they changed the name to ...
bleepingcomputer.com/news/security/hellokitty-ransomware-rebrands-releases-cd-projekt-and-cisco-data/
FBI: Akira ransomware raked in $42 million from 250+ victims: The Akira ransomware operation has breached the networks of over 250 organizations and raked in ...
bleepingcomputer.com/news/security/fbi-akira-ransomware-raked-in-42-million-from-250-plus-victims/
Tesla earnings week spotlights price cuts, Elon’s ‘balls to the wall’ autonomy push
techcrunch.com/2024/04/22/tesla-earnings-week-spotlights-price-cuts-elons-balls-to-the-wall-autonomy-push/
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
United Nations agency investigates ransomware attack, data theft: The United Nations Development Programme (UNDP) is investigating a cyberattack after threat ...
bleepingcomputer.com/news/security/united-nations-agency-investigates-ransomware-attack-claimed-by-8Base-gang/
UnitedHealth: Change Healthcare cyberattack caused $872 million loss: UnitedHealth Group reported an $872 million impact on its Q1 earnings due to the ransomware ...
bleepingcomputer.com/news/security/unitedhealth-change-healthcare-cyberattack-caused-872-million-loss/
Trump called this visa 'very bad.' Truth Social applied for one: The social media company founded by former President Donald Trump applied for a business visa ...
apnews.com/article/trump-truth-social-business-visa-h1b-51c5a41faff696709a2d2cc6ec4e2695
Ransomware gang starts leaking alleged stolen Change Healthcare data: The RansomHub extortion gang has begun leaking what they claim is corporate and patient ...
bleepingcomputer.com/news/security/ransomware-gang-starts-leaking-alleged-stolen-change-healthcare-data/
VinFast chief plans to invest $1 billion more from his fortune in EV maker: Vietnamese billionaire Pham Nhat Vuong said on Thursday he planned to invest $1 ...
reuters.com/markets/asia/vinfast-chief-planning-invest-another-1-billion-his-fortune-ev-maker-2024-04-25/
EnerSys: Softer Momentum, But Clarity On Taxes: EnerSys has seen mixed signs since last summer, with tax credits increasing but organic business performance ...
seekingalpha.com/article/4685226-enersys-softer-momentum-but-clarity-on-taxes
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Fintech Fundid was shut down over interest rates and a strained cap table: To keep going, Fundid “needed to put up a lot more collateral because of the changing ...
techcrunch.com/2024/04/23/fintech-fundid-shut-down-interest-rates/
Judge slashes $857 mln Monsanto verdict to $438 mln in PCBs case: A Washington state judge has nearly halved a $857 million verdict against Bayer’s Monsanto in a ...
reuters.com/legal/litigation/judge-slashes-857-mln-monsanto-verdict-438-mln-pcbs-case-2024-04-24/
Samsung shows off battery tech it says will see you gone in nine minutes: Might help to set spluttering EV market on fire. Won't catch fire thanks to built-in ...
theregister.com/2024/04/25/samsung_battery_twenty_years/
US FDA approves ImmunityBio's bladder cancer therapy: The U.S. health regulator approved on Monday ImmunityBio's combination therapy to treat a type of bladder ...
reuters.com/business/healthcare-pharmaceuticals/us-fda-approves-immunitybios-bladder-cancer-therapy-2024-04-22/
S&P slashes Boeing credit outlook as rating hovers above junk status: Boeing's credit rating was under pressure for the second time this week as S&P brought them ...
reuters.com/business/aerospace-defense/sp-revises-outlook-boeing-negative-2024-04-25/
Exclusive: Injury rates for Musk's SpaceX exceed industry average for second year
reuters.com/technology/injury-rates-musks-spacex-exceed-industry-average-second-year-2024-04-22/
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
- Injury rates at SpaceX facilities surpassed industry average in 2023.
- Injuries at SpaceX locations worsened compared to 2022.
- Experts raise concerns about the quality of work at SpaceX.
- SpaceX and Musk have not publicly addressed safety record in detail.
Tesla shares drop on price cuts in run-up to earnings: Tesla fell more than 3% in premarket trade on Monday, as its latest global price cuts fanned Wall Street ...
reuters.com/business/autos-transportation/tesla-shares-drop-price-cuts-run-up-earnings-2024-04-22/
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Parisians struggle to cash in on Olympic Games rentals: A glut of apartments available in the French capital this summer is pushing down prices
ft.com/content/e8493911-7f29-4119-9cf8-6bafad313075
The House votes for possible TikTok ban in the US, but don’t expect the app to go away anytime soon
orlandosentinel.com/2024/04/20/the-house-votes-for-possible-tiktok-ban-in-the-us-but-dont-expect-the-app-to-go-away-anytime-soon/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Chipmaker Nexperia confirms breach after ransomware gang leaks data: Dutch chipmaker Nexperia confirmed late last week that hackers breached its network in March ...
bleepingcomputer.com/news/security/chipmaker-nexperia-confirms-breach-after-ransomware-gang-leaks-data/
The House Votes for Possible TikTok Ban in the U.S. Here’s What That Means: The House passed legislation that would ban TikTok in the U.S. if the platform's ...
time.com/6969432/house-votes-possible-tiktok-ban-in-united-states/
Medical Properties Trust Takes A Chunk Out Of Its Debt With Newest Asset Sales: Medical Properties Trust shares surge as company announces a major debt reduction ...
seekingalpha.com/article/4683636-medical-properties-takes-chunk-out-of-debt-newest-asset-sales
Paid articlePaid Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%: Two high-profile executives have departed Tesla the same day that the electric automaker ...
techcrunch.com/2024/04/15/tesla-layoffs-workers-sales-cybertruck-cuts/
Tesla layoffs hit high performers, some departments slashed, sources say: Tesla management told employees Monday that the recent layoffs — which gutted some ...
techcrunch.com/2024/04/15/tesla-layoffs-hit-high-performers-slashes-some-departments-sources-say/
Moldovan charged for operating botnet used to push ransomware: The U.S. Justice Department charged Moldovan national Alexander Lefterov, the owner and operator ...
bleepingcomputer.com/news/security/moldovan-charged-for-operating-botnet-used-to-push-ransomware/
Trump Media announced a live TV streaming platform — and the stock tumbled 14%: Truth Social will offer content "that has been canceled, is at risk of ...
qz.com/trump-media-stock-truth-social-tv-live-streaming-1851413123
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
Daixin ransomware gang claims attack on Omni Hotels: The Daixin Team ransomware gang claimed a recent cyberattack on Omni Hotels & Resorts and is now threatening ...
bleepingcomputer.com/news/security/daixin-ransomware-gang-claims-attack-on-omni-hotels/
$10 Billion Productivity Startup Notion Wants To Build Your AI Everything App: Notion cofounder Ivan Zhao captivated Silicon Valley investors and everyday ...
forbes.com/sites/kenrickcai/2024/04/11/10-billion-productivity-startup-notion-wants-to-build-your-ai-everything-app/
Ramp raises another $150 million co-led by Khosla, Founders Fund at a $7.65B valuation
techcrunch.com/2024/04/17/ramp-raises-another-150-million-co-led-by-khosla-founders-fund-at-a-7-65b-valuation/
CISA in a flap as Chirp smart door locks can be trivially unlocked remotely: Hard-coded credentials last thing you want in home security app
theregister.com/2024/04/15/critical_vulnerability_chirp_lock/
Y Combinator alum Matterport is being bought by real estate juggernaut Costar at a 212% premium
techcrunch.com/2024/04/23/matterport-costar-deal/
Elon Musk's Tesla reports earnings today after a brutal stretch. Here's what we're watching
qz.com/tesla-elon-musk-q1-earnings-evs-stock-sales-1851422376
Vietnam's VinFast's jump in EV deliveries drives Q1 revenues higher: Vietnamese electric vehicle-maker VinFast boosted vehicle deliveries in the first quarter ...
reuters.com/business/autos-transportation/vietnams-vinfast-posts-higher-q1-revenue-vehicle-deliveries-increase-2024-04-17/
Meghan Markle's New Podcast Is 'Struggling To Get Off The Starting Blocks': After her and Prince Harry parted ways with Spotify, Meghan Markle has inked a deal ...
elle.com/uk/life-and-culture/culture/a34976045/meghan-markle-prince-harry-podcast/
Delivery Hero ups revenue guidance on rising orders, ad revenue: German online takeaway food company Delivery Hero on Thursday raised its revenue guidance for ...
reuters.com/business/retail-consumer/delivery-hero-ups-revenue-guidance-after-q1-beat-2024-04-25/
Huntington Ingalls: Defense Stock For Moat Seekers: Huntington Ingalls is the only company in the US that builds and maintains aircraft carriers ...
seekingalpha.com/article/4684387-huntington-ingalls-defense-stock-for-moat-seekers
Paid articlePaid Republican China hawks criticize Intel chip in new Huawei laptop: Republican China hardliners Marco Rubio and Elise Stefanik are calling on the Biden ...
reuters.com/world/us/republican-senator-rubio-calls-blocking-all-us-sales-huawei-2024-04-25/
Leaven Partners - Laird Superfood: Our Largest Positive Contributor: Our largest positive contributor to overall performance in the quarter came from Laird ...
seekingalpha.com/article/4684898-laird-superfood-stock-our-largest-positive-contributor
Paid articlePaid RDIV: Contrarian Dividend Play Investors Have Reasons Not To Buy Into: RDIV is a smart-beta play with a portfolio of high-yield, underpriced companies ...
seekingalpha.com/article/4683711-rdiv-etf-contrarian-dividend-play-investors-have-reasons-not-buy
Paid articlePaidQuick Glance: RDIV: Reasons Investors Are Hesitant
- Revisiting the Invesco S&P Ultra Dividend Revenue ETF (RDIV) to analyze portfolio changes and their impact.
- RDIV is based on the S&P 900 Dividend Revenue-Weighted Index, offering a selective dividend strategy.
- RDIV's portfolio has unique weighting principles leading to unconventional sector allocations.
- Despite attractive dividend yields, RDIV's portfolio faces growth challenges, resulting in a neutral rating.
Two Chairs raises $72M Series C in equity and debt to scale its therapist network
techcrunch.com/2024/04/16/two-chairs-raises-72m-series-c-in-equity-and-debt-to-scale-its-therapist-network/
Star Wars Outlaws: Trailer and Release Date: Ubisoft, in partnership with Lucasfilm Games, today announced that the first open-world Star Wars game ...
stadt-bremerhaven.de/star-wars-outlaws-trailer-und-veroeffentlichungstermin/
North Carolina approves mining permit for Tesla supplier Piedmont Lithium: North Carolina regulators have approved a state mining permit for Tesla supplier ...
reuters.com/business/piedmont-lithium-gets-mining-permit-north-carolina-project-2024-04-15/
Tesla drops FSD price to $99 per month in US: The price cut comes a couple of weeks after Tesla launched a free one-month trial of FSD for every customer in the ...
techcrunch.com/2024/04/12/tesla-drops-fsd-price-to-99-per-month-in-us/
Optics giant Hoya hit with $10 million ransomware demand: A recent cyberattack on Hoya Corporation was conducted by the 'Hunters International' ...
bleepingcomputer.com/news/security/optics-giant-hoya-hit-with-10-million-ransomware-demand/
A major Tesla exec has left Elon Musk's automaker amid job cuts: Drew Baglino, Tesla's senior vice president of powertrain and electrical engineering, is leaving ...
businessinsider.com/tesla-exec-baglino-left-after-18-years-layoffs-2024-4
FAA probing Boeing whistleblower's quality claims on 787, 777 jets: The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower's ...
reuters.com/business/aerospace-defense/faa-probing-boeing-whistleblowers-quality-claims-787-777-jets-2024-04-09/
Quick Glance: Boeing Whistleblower Warns of 787 Fuselage Failure
- The Federal Aviation Administration is investigating a Boeing engineer’s claims that the company took manufacturing shortcuts on two wide-body jets, with potentially catastrophic outcomes.
- Sam Salehpour went public in a New York Times story, describing how he believes sections of the 787 Dreamliner fuselage are improperly fastened together.
- Salehpour’s allegations are the latest dip in a turbulent period for the airplane manufacturing giant, which has been dealing with other issues including past crashes and quality control problems.
A cheaper Tesla is back on the menu: Tesla will launch new EVs in 2025, including affordable ones. Elon Musk says it will blend current and next-generation ...
theverge.com/2024/4/23/24138646/tesla-q1-2024-earnings-model-2-affordable-electric-vehicles
Woman sues Japan medical testing firm over husband's death from overwork during pandemic - The Mainichi
mainichi.jp/english/articles/20240424/p2a/00m/0na/010000c
Billionaires race to buy TikTok after Chinese owners ordered to sell app — with Steve Mnuchin in the lead
nypost.com/2024/04/25/business/wall-street-and-tech-billionaires-race-to-buy-banned-tiktok/
Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report
startribune.com/tesla-is-planning-to-lay-off-10-of-its-workers-after-dismal-1q-sales-multiple-news-outlets-report/600358948/
First Solar: Still My Top Risk-Adjusted Pick In Green Energy: First Solar has transformed itself into the top patented thin-film PV manufacturer outside of China ...
seekingalpha.com/article/4683332-first-solar-still-my-top-risk-adjusted-pick-in-green-energy
Paid articlePaid Tesla pivots to prioritize robotaxis amid slow sales: report: Elon Musk teased a cheaper Tesla a few months ago. But the company has now shifted its priorities ...
businessinsider.com/tesla-elon-musk-prioritize-robotaxis-over-cheaper-vehicle-2024-4
AT&T now says data breach impacted 51 million customers: AT&T is sending data breach notifications to 51 million former and current customers ...
bleepingcomputer.com/news/security/atandt-now-says-data-breach-impacted-51-million-customers/
Cruise robotaxis are back – sort of: Cruise is redeploying robotaxis in Phoenix after nearly five months of paused operations, the company said in a blog post ...
techcrunch.com/2024/04/09/cruise-robotaxis-are-back-sort-of/
Quick Glance: Cruise announces steps for resuming its robotaxi fleet
- Cruise plans to resume manual driving operations in Phoenix to create maps and gather road information in select cities.
- Following an incident where a pedestrian in San Francisco was dragged by a Cruise robotaxi and trapped under the vehicle, the officials of the autonomous vehicle company announced on Tuesday the initiation of what they envision as their comeback to driverless operations.
- The California Department of Motor Vehicles suspended Cruise approximately three weeks after the October 3 accident in San Francisco, citing that the company failed to provide footage of the incident.
Tesla decimates staff amid ongoing performance woe: Shares of the worst performing member of the S&P 500 slide some more as news unlikely to please investors
theregister.com/2024/04/15/tesla_lays_off_10_percent/
Chipotle tells staff to skip chicken as demand surges for Chicken al Pastor: Chipotle Mexican Grill Inc. is telling its employees not to put chicken on their own ...
english.alarabiya.net/News/world/2024/04/25/chipotle-tells-staff-to-skip-chicken-as-demand-surges-for-chicken-al-pastor
Quick Glance: Chipotle lifts annual sales forecast despite uncertainties
- Chipotle raised its full-year sales forecast due to resilient demand for burritos and rice bowls despite higher menu prices.
- The company anticipates mid-to-high-single digit percentage growth in comparable restaurant sales for 2024.
- Chipotle implemented price hikes to protect its profit margin from increased ingredient costs like beef and avocados.
- Chipotle's adjusted profit in the first quarter came in at $13.37 per share, surpassing estimates of $11.68.
Tesla teases robotaxi ridehailing function in its app: Tesla provided a sneak peek of the company’s upcoming ridehailing app. It looks similar to Uber or Lyft ...
theverge.com/2024/4/23/24138580/tesla-robotaxi-ride-hail-app-preview-earningsq1-2024
Medical Properties Trust: 2 Victories In 1 Week (Rating Upgrade): Medical Properties Trust's NFFO is more than sufficient to cover the dividend ...
seekingalpha.com/article/4683767-medical-properties-trust-2-victories-in-1-week-rating-upgrade
Paid articlePaid Gyre Therapeutics: Under The Radar Biotech Has A Shot At MASH Approval, In Time: Gyre Therapeutics focuses on developing anti-inflammatory drugs for organ ...
seekingalpha.com/article/4683596-gyre-therapeutics-under-radar-biotech-shot-at-mash-approval-in-time-stock
Paid articlePaid GHC-SCW: Ransomware gang stole health data of 533,000 people: Non-profit healthcare service provider Group Health Cooperative of South Central Wisconsin ...
bleepingcomputer.com/news/security/ghc-scw-ransomware-gang-stole-health-data-of-533-000-people/
Tesla stock price up 14% on Q1 earnings, Musk commits to affordable car: "We're updating our future vehicle lineup to accelerate the launch of our low-cost ...
markets.businessinsider.com/news/stocks/tesla-stock-price-q1-earnings-elon-musk-affordable-car-plans-2024-4
The 2 Johnnies share directors' pay of €404k as firm profits double: The Co Tipperary two have increased their audience to 150,000 making it the most ...
irishexaminer.com/business/companies/arid-41370007.html
Donald Trump 'agreed story-burying deal' with tabloid newspaper before 2016 election
itv.com/news/2024-04-24/trump-agreed-story-burying-deal-with-tabloid-newspaper-before-2016-election
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
Just Eat Takeaway's Q1 transaction value matches estimates: Just Eat Takeaway reported first-quarter gross transaction value (GTV) in line with expectations on ...
reuters.com/business/retail-consumer/just-eat-takeaway-posts-q1-gross-transaction-value-above-expectations-2024-04-17/
What Does Tesla Stock's Latest Slide Mean for Investors?: Tesla stock is down more than 35% in 2024 and the company just announced layoffs ...
kiplinger.com/investing/stocks/what-does-tesla-stocks-latest-slide-mean-for-investors
Huawei Debuts New Pura 70 Phones in Fresh Revival Attempt: Huawei's phone business has shown signs of recovery, but it's not yet back to where it was before US ...
cnet.com/tech/mobile/huawei-debuts-new-pura-70-phones-in-fresh-revival-attempt/
Quick Glance: Huawei Begins Sales of New Pura 70 Smartphone Amid Chip Scrutiny
- Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series that are expected to contain an advanced China-made chip like its Mate 60 handset.
- The Mate series by Huawei emphasizes performance and business features.
- Eric Xu, Huawei's acting chairman, announced that the company also plans to roll out a Mate 70 smartphone this year.
- According to Ivan Lam, a senior analyst at research firm Counterpoint, shipments of about 60 million units from Huawei are expected this year, with the Pura 70 series being an important catalyst.
Spotify employees question lavish spending on events amid big layoffs : Amid layoffs, Spotify remains committed to extravagant events, sparking debate about the ...
businessinsider.com/spotify-employees-question-lavish-spending-events-amid-big-layoffs-2024-4
Netflix added over 9 million more subscribers to its streaming service in Q1 2024
neowin.net/news/netflix-added-over-9-million-more-subscribers-to-its-streaming-service-in-q1-2024/
Adam Neumann shares new details on how he wants to transform apartment living: In an exclusive, Neumann shares why he believes Flow is a tech company and why he ...
businessinsider.com/adam-neumann-opens-up-about-his-startup-transform-apartment-living-2024-4
TechCrunch Mobility: Apple layoffs, an EV price reckoning and another Tesla robotaxi promise
techcrunch.com/2024/04/07/techcrunch-mobility-an-ev-price-reckoning-av-startup-ghost-autonomy-ghosts-and/
IKEA opens first distribution centre in Ireland: IKEA Ireland is opening its first ever logistics facility in Ireland today.
rte.ie/news/business/2024/0417/1443904-ikea-opens-first-distribution-centre-in-ireland/
Fintech Revolut bets on Mexico growth, expects remittances as driver: Financial technology company Revolut expects strong growth prospects in Mexico where it ...
reuters.com/technology/fintech-revolut-eyes-more-than-100-mln-mexico-investments-2024-2024-04-17/
TikTok staff face big US tax bills on shares they cannot sell: Current and former employees of video app’s Chinese parent ByteDance in outcry over stock award ...
ft.com/content/18316e7c-accd-41dc-b469-1e8341e721fe
Quick Glance: TikTok Staff Grapple with US Tax Bills on Unsellable Shares
- Current and former Byte Dance employees express outrage over stock award liabilities.
- Byte Dance faces backlash from US employees over a stock awards program that prevents them from selling shares but exposes them to significant tax bills.
- Byte Dance responds to employee complaints, emphasizing compliance with US tax laws, but is not planning a large financing round to buy employee shares.
- Byte Dance's RSUs that vested last year led to substantial tax liabilities as many did not withhold enough shares to cover them, resulting in employees being unable to sell shares to cover their tax debts.
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