Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules (www.cnbc.com)
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Amazon cuts hundreds of jobs in Prime Video and MGM Studios::Mike Hopkins, who oversees those units, sent a note to staffers informing them of the job cuts.
An oil tanker was boarded by armed individuals near the Gulf of Oman on Thursday and appeared to change course toward Iranian waters, according to the U.K. Marine Trade Operations....
Unity Software to lay off 1,800 employees as part of a corporate restructuring::Unity Software is slashing about 25% of its workforce just eight months after announcing its prior round of layoffs.
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Microsoft, OpenAI sued for copyright infringement by nonfiction book authors in class action claim::The new copyright infringement lawsuit against Microsoft and OpenAI comes a week after The New York Times filed a similar complaint in New York.
Supreme Court rejects appeal by Elon Musk’s X on disclosing federal surveillance::X, owned by Elon Musk, previously challenged a ban on disclosing warrant for the Twitter account of Donald Trump obtained by special counsel Jack Smith.
December’s jobs report showed employers added 216,000 jobs for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain from November’s downwardly revised 173,000
The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing....
BYD said Monday it produced more than 3 million new energy vehicles in 2023, putting the Chinese electric car giant on track to surpass Tesla’s production for a second straight year....
Tesla drivers had highest accident rate, BMW drivers highest DUI rate, study finds::Tesla drivers had 24 accidents per 1,000 drivers during the period from mid-November 2022 to mid-November 2023, according to a study by Lending Tree.
SpaceX sets new rocket record with 96 successful launches in 2023::SpaceX this year launched 96 successful missions with its Falcon series of rockets, topping its previous annual record of 61 orbital launches in 2022.
South Korea’s opposition Democratic Party leader Lee Jae-myung was stabbed in the neck during a visit to the southern port city of Busan on Tuesday, the Yonhap news agency reported....
Tech stocks just wrapped up one of their best years in past two decades after 2022 slump::The Nasdaq climbed 43% in 2023, one of the sharpest rally for the tech-heavy index in 20 years.