Business

Apple's Tim Cook gets $750mn bonus payout

Apple chief executive Tim Cook has received a bonus of some $750 million, reflecting his performance at the US technology giant in his 10 years at the helm, a regulatory filing showed.

Business

Luxury carmaker Bentley to axe 1,000 UK jobs

German-owned luxury car brand Bentley on Friday said it would axe around 1,000 jobs in the UK as the market weathers the coronavirus-induced downturn.

Robotics

Study finds stronger links between automation and inequality

Modern technology affects different workers in different ways. In some white-collar jobs—designer, engineer—people become more productive with sophisticated software at their side. In other cases, forms of automation, ...

Business

Tough love for Amazon's Bezos in India

Amazon boss Jeff Bezos on Friday promised to create a million new jobs in India in a farewell love letter to the country, after ending a tough visit that reportedly included a snub by Prime Minister Narendra Modi.

Business

BuzzFeed News to be shuttered in corporate cost cutting move

Pulitzer Prize winning digital media outlet BuzzFeed News is being shut down as part of a cost-cutting drive by its corporate parent that's shedding about 15% of its entire staff, adding to layoffs made earlier this year.

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