It’s back-to-the-office for workers at Citi in the New York City area. The Wall Street giant is asking all tri-state area employees to return to the office Feb. 7 as cases of coronavirus gradually subside. Elsewhere in the U.S., the bank...
Top bankers at Goldman Sachs and JPMorgan got bonuses as high as $15 million this week after last year’s flurry of dealmaking — and investors aren’t happy. Bank stocks fell sharply even with the bumper year for mergers and stock offerings...
The “audio porn” app created by the sister of Snapchat founder Evan Spiegel is gaining traction as it recently surpassed 300,000 subscribers. Quinn, which offers erotic content geared toward women, was founded in 2019 by 24-year-old Caroline Spiegel. It was created...
An employee at a Tesla factory in Fremont, California, reportedly died this week while working on a production line. The worker died Wednesday after collapsing during a shift on the facility’s powertrain line. Tesla reported the incident to authorities, and the...
Tech billionaire Elon Musk offered to provide Starlink internet to the nation of Tonga on Thursday after a massive underwater volcanic eruption and subsequent tsunami knocked service offline this week. Musk’s offer of aid followed a report that it could take...
General Motors said it will spend $154 million to refurbish a plant near Buffalo where the automaker manufacturers a key part of the motor used in electric vehicles. The investment in the Western New York Lockport Components plant, which will go...
Google, Amazon, and Meta spent tens of millions of dollars lobbying Congress last year as the tech behemoths came under increasing scrutiny from antitrust regulators and lawmakers on both sides of the aisle. Google’s parent company Alphabet Inc. boosted spending on...
TikTok owner ByteDance saw its total revenue grow by 70% year on year to around $58 billion in 2021, according to two people familiar with the matter, slower growth than a year earlier as China tightens its regulation of big tech companies. The...
COVID lockdowns apparently are good for at least one thing: all that extra time to spend flipping through a magazine — a down-and-out corner of the media industry that got an unexpected boost last year. The second year of the pandemic...
Google asked a New York federal judge on Friday to throw out most of what it claimed was an “inaccurate and inflammatory” antirust suit brought by Texas and 14 other states over the tech giant’s online advertising practices. The Texas suit...
