Business News

Uber lays off 350 employees in Eats, autonomous vehicles

Uber is laying off 350 employees from its food delivery, autonomous vehicles, safety, insurance and other teams.

Mon 14 Oct 19 from TechXplore

Other sources: TechXplore, Engadget, Arstechnica, CNN, CNET Cutting Edge show all (8) »

EU moves against chipmaker Broadcom in latest US tech salvo

The EU's powerful anti-trust authority on Wednesday ordered US chipmaker Broadcom to immediately halt uncompetitive sales practices, using an unprecedented weapon against US big tech.

Wed 16 Oct 19 from TechXplore

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Netflix's US subscriber growth slowing as competition looms

Netflix's subscriber growth is bogging down even before the leading video streaming service confronts high-powered threats from Apple and Walt Disney Co.

Wed 16 Oct 19 from TechXplore

Other sources: TechXplore, The Verge, CNET Cutting Edge, Reuters Technology (2) show all (5) »

Opioid industry presses for settlement as trial looms

With a trial looming, major drug distributors and manufacturers are pressing to settle thousands of claims against them related to the nation's persistent opioid crisis.

18 hours ago from Medical Xpress

Other sources: Medical Xpress, Arstechnica, Reuters (7), Reuters Health (2) show all (5) »

Proposed GM contract lifts wages, closes 4 plants

General Motors' proposed agreement to end a labor strike includes a wage increase and faster transition to fulltime status for temporary workers but permanently shuts four plants, according ...

8 hours ago from TechXplore

Other sources: TechXplore (4), The Verge, CNET show all (4) »

WeWork to close its New York elementary school next year

WeWork says it will close its elementary school in New York next year, as the office-sharing company grapples with a cash crunch following its botched attempt to sell its stock on Wall Street.

Fri 11 Oct 19 from TechXplore

Other sources: TechXplore, CNN, Gizmodo, Reuters Technology (8) show all (5) »

Uber takes stake in online grocery group Cornershop

Uber said Friday it agreed to take a majority stake in Cornershop, an online grocery provider in Chile, Mexico, and which recently expanded to Peru and Canada.

Fri 11 Oct 19 from TechXplore

Other sources: TechXplore, CNET Cutting Edge, Gizmodo, The Verge show all (5) »

Southwest Airlines again pushes back MAX return date

Southwest Airlines on Thursday again pushed back its target date for returning the Boeing 737 MAX to service because of uncertainty over when regulators will re-certify the plane.

11 hours ago from TechXplore

Other sources: TechXplore (9), CNET, Gizmodo show all (4) »

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