business
Latest
Massachusetts bills would set a minimum wage for rideshare drivers
New Massachussetts bills would give rideshare drivers a minimum wage and other benefits.
YouTube accused of using return-to-office policies to thwart union organizers
YouTube contractors in the Austin area claim the company is using return-to-office plans to bust labor organizers.
Blizzard support studio workers drop union bid (updated)
Workers at a Blizzard support studio have dropped their bid to unionize, allegedly due to pressure tactics.
'Quordle' has a fitting new owner as Merriam-Webster buys the 'Wordle' clone
Quordle, a Wordle-style word game, has a fitting new owner in the shape of Merriam-Webster. The game's URL now redirects to a page on the company's website.
Amazon's drone delivery division was reportedly hit hard by layoffs
Amazon's drone delivery program has seemingly been hit hard by the company's mass layoffs. Around half of the employees at an Oregon test site were let go, CNBC reports, as were workers in the design, maintenance, systems engineering and flight operations teams.
Shell is buying EV charging company Volta for $169 million
Oil and gas company Shell is buying EV charging operator Volta for $169 million. Along with its DC fast chargers, Volta has more than 2,000 L2 chargers, which are still free to use for now.
Microsoft will lay off 10,000 employees as it cuts costs
Microsoft has confirmed it's laying off 10,000 employees as it looks to rein in costs.
Microsoft could lay off as many as 11,000 employees this week
Microsoft could announce wide-sweeping layoffs within the next few days, according to separate reports from Bloomberg and Sky News.
Apple will audit its labor practices in the US after union-busting accusations
Apple has agreed to audit its labor practices in the US after regulators and employees accused the company of union busting. In a filing, Apple said it will review its "efforts to comply with its Human Rights Policy as it relates to workers’ freedom of association and collective bargaining rights."
Ubisoft staff in Paris will strike over working conditions
Ubisoft workers in Paris plan to strike over pay and hours.
Instacart will pay $5.25 million to settle a workers' benefit case
Instacart will pay workers $5.1 million as part of a settlement after it allegedly failed to provide some benefits, as The San Francisco Chronicle reports. San Francisco accused the company of violating healthcare and paid sick leave ordinances.
HBO Max is increasing the price of its ad-free plan for the first time
New HBO Max subscribers will now pay $16 per month. Existing members will start paying an extra dollar per month starting on February 11th.
Ubisoft cancels three games and delays 'Skull and Bones' yet again
In a dire financial update, Ubisoft said it has canceled three unannounced games and delayed 'Skull and Bones' for at least the sixth time. The publisher has also reduced its estimated operating income for this year by around $1 billion..
Apple finally lets businesses customize their listings in Maps
Apple hopes to make Maps more helpful by giving stores custom location cards.
Coinbase is laying off another 950 workers amid a crypto market downturn
Coinbase is reducing its operating expenses by a quarter and laying off around a fifth of its employees. The company previously laid off roughly 1,100 people in June.
Microsoft and Activision Blizzard file responses to the FTC's antitrust lawsuit
Microsoft has filed a formal response to a Federal Trade Commission antitrust lawsuit that seeks to block it from buying Activision Blizzard for $68.7 billion. It pushed back against the agency's claims that the takeover would harm competition in the gaming industry and argued that consumers would benefit.
Tesla reportedly plans more layoffs as the company’s stock tanks
Tesla is reportedly planning layoffs for the first quarter of 2023. Despite delivering record numbers of EVs, the company's stock has cratered this year amid an economic downturn and CEO Elon Musk turning his attention to Twitter.
Twitter has reportedly dismissed Elon Musk's personal lawyer
Twitter is reportedly taking drastic measures to cut costs.
Huawei signs a patent cross-licensing agreement with its biggest Chinese rival
Huawei announced this week it recently entered into a patent cross-licensing agreement with Oppo, its biggest domestic rival in the Chinese market.
Jeep parent company Stellantis blames EV costs for upcoming layoffs
This week, automaker Stellantis said it would indefinitely shut down a manufacturing plant in Illinois and lay off approximately 1,350 employees early next year.