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Wednesday, 05-Oct-2022 04:30:01 EDT
Twitter shares surge 22% after Elon Musk revives deal to buy company at original price
Twitter shares surged Tuesday after Bloomberg first reported that Elon Musk plans to go through with his acquisition at $54.20 a share.
Amazon freezes corporate hiring in its retail business
Tech companies have announced layoffs, hiring freezes and cost cutting efforts amid fears of an economic downturn.
TSMC shares jump 5% after Morgan Stanley says the chipmaker is a 'top pick'
"We anticipate a semiconductor cycle recovery in 2H23 and suggest bargain-hunting in quality stocks right now. TSMC is our top pick," the investment bank wrote.
Hacktivists seek to aid Iran protests with cyberattacks and tips on how to bypass internet censorship
Anonymous and other hacking groups have organized online to orchestrate cyberattacks on Iranian officials and institutions.
Amazon axes Glow video-calling device for kids
The Amazon Glow enabled kids and family members to chat remotely and play games using a touchscreen projected by the device.
Bankrupt crypto lender Celsius loses another top executive and co-founder, internal memo says
S. Daniel Leon, co-founder and strategy chief of bankrupt crypto lending platform Celsius, has stepped down, according to an internal email.
Trump SPAC shares slide after Elon Musk revives deal to buy Twitter
Shares of the SPAC set to take Trump Media public slid after Elon Musk revived deal to buy Twitter.
Streaming bundles are forming, but don't expect a cable TV-like package any time soon
It's easy to say streaming will morph into cable-like bundles, but business realities are working against the concept.
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