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Twitter Sues Wachtell Over $90 Million Payout for Musk's Buyout Deal
Twitter sued Wachtell, Lipton, Rosen & Katz, the law firm that represented its interests in a Delaware case to force Elon Musk to complete his
By Remaking Twitter, Elon Musk Created an Opening for Rivals
Musk has moved to increase subscription revenue and cut costs, but his changes alienated some users. Source link
DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law
The companies say new minimum pay rates are based on flawed calculus and will raise consumer prices and limit worker flexibility. Source link
EV Sales Growth in First Half Slowed From Torrid Pace
Rising inventory on dealership lots will offer test of future demand for electric vehicles. Source link
NBCUniversal Entertainment Shake-Up Elevates Veteran Studio Chief
The restructuring gives Donna Langley oversight of the company’s content strategy and is the first major change under Comcast President Mike Cavanagh’s leadership. Source link
Meta's Threads App Sees Early Success, Drawing Advertiser Interest and Twitter's Ire
In less than 24 hours, the app has signed up more than 30 million users, surged to the top of download charts and become a
The AI Boom Isn't Breaking the Memory-Chip Slump—Yet
Samsung Electronics forecast a 96% drop in its operating profit for its second quarter—a sign that even the world’s largest maker of memory chips isn’t
Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches
The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link
Netflix Gains 1.75 Million Subscribers, Axes DVD-Rental Business
The streaming service ended the first quarter with 232.5 million customers and said a password-sharing crackdown in the U.S. would be coming soon. Source link
Southwest Airlines Delays Thousands of Flights Amid Technology Issue
The airline resumed departures after a data-connection problem earlier Tuesday led to a pause. Source link