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Former Uber security chief convicted in hack cover-up: reports

A jury on Wednesday found Uber's former security chief guilty of federal crimes for covering up a massive hack that compromised personal information of users and drivers, according to US media reports.

Business

Twitter under Musk? Most of the plans are a mystery

A super app called X? A bot-free free speech haven? These are some of Elon Musk's mysterious plans for Twitter, now that he may be buying the company after all.

Business

Does Kim Kardashian's SEC fine mark the end of the crypto-celebrity gold rush?

Kim Kardashian just got fined over a million dollars for boosting a cryptocurrency online—but she's not the only celeb with ties to the world of crypto.

Business

What's next for the Musk-Twitter deal?

With Twitter and Elon Musk edging towards finalizing a deal, here's what may come next in the billionaire's on-again, off-again bid to buy the influential social media platform.

Business

Musk-Twitter deal: a roller-coaster saga

Elon Musk's pursuit of Twitter was a melodrama from the beginning—a mercurial billionaire locked in a bitter fight with his favorite social media platform.

Business

Report: Amazon freezes hiring on corporate retail division

Amazon is implementing a hiring freeze on the corporate side of its retail business for the rest of the year, according to a New York Times report, becoming the latest company to pause hiring plans amid growing concerns about ...

Business

Why crypto's big 'merge' is causing big headaches

The biggest software upgrade in the short history of crypto has fulfilled its promise to wipe out more than 99 percent of the electricity used by the second-biggest cryptocurrency, experts have told AFP.

Business

A timeline of billionaire Elon Musk's bid to control Twitter

Elon Musk is offering to go through with his original proposal to buy Twitter for $44 billion. The offer comes just two weeks before Twitter's lawsuit seeking to force Musk to go through with the deal goes to trial in Delaware ...

Business

Study: Cash payments remain key part of equitable transit

Today, there are more ways than ever to pay a bus fare. Instead of painstakingly counting their change into a farebox, transit riders can quickly tap their phone or swipe an auto-reloadable transit card.

Business

Meta to freeze hiring to tighten budget: report

Facebook-parent Meta put out word to employees on Thursday that it will freeze hiring to cut costs as it endures tough economic times, The Wall Street Journal reported.

Business

Musk and Twitter CEO Agrawal were briefly pals, texts show

Newly disclosed text messages between Elon Musk and Twitter CEO Parag Agrawal showed that the two men briefly bonded in the spring over their love of engineering—at least until Musk publicly tweeted this message early on ...

Business

Bitcoin as environmentally costly as beef production

Taken as a share of the market price, the environmental costs of mining the digital cryptocurrency Bitcoin are more comparable to the climate damages of producing beef than gold mining costs, according to analysis published ...

Business

Google shutting down cloud gaming service Stadia

Google on Thursday said it is shutting down Stadia, the cloud video game service it launched three years ago to let people access console-quality play as easily as they do email.

Business

Google promises Greece 20K jobs with cloud expansion

Google announced plans Thursday to expand its cloud services infrastructure to Greece, promising to create nearly 20,000 jobs through direct investment and partnerships by the end of the decade.

Business

Amazon to raise average hourly pay by $1 to $19 in October

Amazon said Wednesday it's raising its average starting pay for frontline workers from $18 to $19 a hour, a boost that could help it attract more employees in a tight labor market as the holiday season approaches.

Business

Pie from the sky: drone delivery lands in America

The little aircraft appeared out of the blue sky above a Texas home, deposited its payload of a mid-morning snack in the yard and zoomed off, as deliveries by drone start becoming a reality in America.

Business

Amazon's self-driving units coming 'sooner than people expect'

The chief executive officer of Zoox, Amazon.com Inc.'s self-driving unit, expects autonomous vehicles to be present in cities "sooner than people expect," but stopped short of saying when her own company's product would appear ...

German logistics firm to print parts to cut supply chain woes

German logistics company DB Schenker said Wednesday its customers can order components from a "virtual warehouse" that it will then produce with 3D technology, in a new service aimed at circumventing delivery waits and supply ...

Musk seeks to lift regulator 'muzzle' on Tesla tweets

Tesla chief Elon Musk has asked a New York court to overturn a provision in an agreement with the US securities regulator requiring a lawyer's pre-approval of tweets related to the electric vehicle company.