Business News

Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce, marking the third round of job cuts at the e-commerce giant's businesses this week as the technology industry continues to shed roles in the new year.

Substack is moving to Ghost.

European planemaker Airbus said Thursday that it secured 2,094 net plane orders last year, a record for the group as airlines prepare for further global passenger growth and seek out more fuel-efficient planes.

The Federal Aviation Administration is investigating whether Boeing failed to make sure a panel that blew off a jetliner in midflight last week was safe and manufactured to meet the design that regulators approved.

Hertz said Thursday it will sell one-third of its electric vehicle (EV) automobiles to resize its fleet in line with slowing demand growth for emission-free transport.

Every day, a significant amount of data related to weather, traffic, and social media undergo real-time processing. In traditional cloud computing, this processing occurs on the cloud, raising concerns about issues such as leaks, communication delays, slow speeds, and higher power consumption.

German carmaker Audi reports 17-pct sales increase in 2023-

Indian IT giants TCS and Infosys both signaled weak revenue growth in quarterly results Thursday as a client spending slowdown deepened a seasonally weak time for the sector.

After months of cooling, inflation ticked up again in December. Here's what that means for homebuyers ready to act.

Trump says he’d be better for the economy. Voters do, too. But would he?

China's auto exports surged 63.7% in 2023 while sales at home, boosted by year-end incentives, rose 4.2%, an industry association said Thursday.

The Advocate General of the European Court of Justice will on Thursday publish a long-awaited opinion on a contested 2.4-billion-euro ($2.6-billion) fine that Brussels slapped on Google for anti-competitive practices.

Xiaoyu Fan smiled as she looked around a bustling China Pavilion at the Consumer Electronics Show Wednesday as gadgets like bladeless fans were displayed and deals were being made.

US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.

Elon Musk's X has shed more than 1,000 staff globally from teams responsible for stopping abusive content online, according to new figures released Thursday by Australia's online watchdog.

To the believers, the oft-promised autonomous car revolution is "clearly happening"—they point to the myriad displays at the Consumers Electronics Show in Las Vegas that defy the industry's bad headlines.

Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures.

US ride-hailing platform Uber and South Korean automaker Kia announced Wednesday the signing of an agreement on producing electric vehicles, during the Consumer Electronics Show in Las Vegas.

Grayscale finally gets what it wants.

Uber has said it would go 100 percent electric by 2040.