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Zuckerberg to Get $700 Million a Year From Meta’s New Dividend::Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg stands to receive a payout of about $700 million a year from the social media giant’s first-ever dividend for investors.
PayPal to Cut Around2,500 Jobs as Rivals Snag MarketShare::PayPal Holdings Inc. will reduce its workforce by about 9% as Chief Executive Officer Alex Chriss, who took over in September, grapples with rising competition, profit pressures and a raft of analyst downgrades.
The European Union will aim to boost ammunition deliveries to Ukraine as it tries to make up for delays in meeting an ambitious target of sending 1 million artillery rounds by March, Estonia’s defense minister said....
IBM to Managers: Move Near an Office or Leave Company::International Business Machines Corp. delivered a companywide ultimatum to managers who are still working remotely: move near an office or leave the company.
Amazon Drops $1.4 Billion iRobot Deal; Vacuum Maker Cuts Jobs::Amazon.com Inc. has abandoned its planned $1.4 billion acquisition of Roomba maker iRobot Corp. after clashing with European Union regulators who had threatened to block the deal.
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Donald Trump is facing a pair of major legal verdicts in New York that risk wiping out most — if not all — of the cash the billionaire says he has on hand, a potential blow to the presidential candidate whose persona is tied up with financial success and wealth....
Volodymyr Zelenskiy declared his personal income for the first time since the outbreak of war with Russia, as part of his effort to increase transparency in his government....
Biden Expected to Announce Billions in Chip Subsidies, WSJ Says::The Biden administration is expected to soon announce billions of dollars in new subsidies to chipmakers including Intel Corp. and Taiwan Semiconductor Manufacturing as part efforts to reshore production, the Wall Street Journal reported.
Reddit Advised to Target at Least $5 Billion Valuation in IPO::Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the...
The US plans to sell as many as 40 F-35 jets to Greece and will also gift the country various defense equipment, according to a letter sent by Secretary of State Antony Blinken to Greek Prime Minister Kyriakos Mitsotakis....
White House calls for legislation after ‘alarming’ proliferation of Taylor Swift deepfakes — Social media networks also need to do more to prevent the spread of the images, said press secretary Kar…::The White House said sexually-explicit AI-generated images of pop star Taylor Swift were concerning and that Congress...
Grocery chain Trader Joe’s is joining Elon Musk’s SpaceX in arguing that the US labor board, which is prosecuting cases against both companies, is unconstitutional.
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"Vladimir Putin is testing the waters on whether the U.S. is ready to engage in talks for ending Russia’s war in Ukraine,” Bloomberg reports....
The Philippines and Vietnam are set to sign a cooperation agreement between their coast guards as Philippine President Ferdinand Marcos Jr. boosts partnerships in the region amid lingering tensions with Beijing in the South China Sea....