(Reuters) – Twitter owner Elon Musk tweeted on Saturday that a higher priced subscription of the social media platform will not carry advertisements. The billionaire also said that ads are[...]
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January 21, 2023
Wolfspeed plans multi-billion dollar chip factory in Germany – Handelsblatt
FRANKFURT (Reuters) – U.S. power chip maker Wolfspeed Inc is planning to build a factory in Germany for more than 2 billion euros ($2.17 billion), Handelsblatt reported on Saturday. The German a[...]
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India’s Adani Group plans to demerge more business; dismisses debt concerns
By Sriram Mani MUMBAI (Reuters) – India’s Adani Group, which is controlled by billionaire Gautam Adani, said it plans to spin off more businesses by 2028 and dismisses any debt concerns. T[...]
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Bitcoin rises 2.3% to $23,199
(Removes extraneous word in para 3) (Reuters) – Bitcoin rose 2.3% to $23,199 at 10:07 GMT on Saturday, adding $521 to its previous close. Bitcoin, the world’s biggest and best-known crypto[...]
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Elon Musk says Twitter has a headcount of about 2,300
(Reuters) – Twitter Inc has about 2,300 active employees, Elon Musk said in a Tweet on Saturday. CNBC on Friday reported that Twitter’s full-time headcount has reduced to about 1,300 activ[...]
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Musk to jury: Just because I tweet something, doesn’t mean people believe it
By Jody Godoy SAN FRANCISCO (Reuters) -Elon Musk, Tesla Inc’s chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in[...]
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U.S. judge grants preliminary approval to Juul consumer settlement
(Reuters) -Juul Labs Inc on Friday secured preliminary court approval of a $255 million settlement resolving claims by consumers that it deceptively marketed e-cigarettes, as the company seeks to reso[...]
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Amazon’s AWS to invest $35 billion in Virginia
By David Shepardson WASHINGTON (Reuters) -Amazon.com Inc’s cloud services division said Friday it plans to invest another $35 billion by 2040 to expand data centers in Virginia. Amazon Web Servi[...]
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GM, LG Energy drop plan for fourth U.S JV battery plant
By David Shepardson WASHINGTON (Reuters) -General Motors Co and LG Energy Solution do not plan to move forward with a fourth U.S. battery cell manufacturing plant, two sources told Reuters on Friday.[...]
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