Rock-bottom rates were the secret engine fueling $1 billion start-ups and virtual attempts to conquer the physical world. But in 2023, reality bites.
Day: January 23, 2023
Spotify to Shed 6% of Its Work Force in Latest Round of Tech Layoffs
The audio streaming platform became the latest big technology company to cut costs over worries about the economy.
Microsoft to Invest $10 Billion in OpenAI, the Creator of ChatGPT
The tech giant aims to remain at the forefront of generative artificial intelligence with its partnership with OpenAI.
Supreme Court Puts Off Cases on Social Media Moderation
The laws, enacted by Florida and Texas in response to conservative complaints about censorship, have been challenged under the First Amendment.
Elon Musk Says Saudi Fund Wanted to Take Tesla Private
Mr. Musk is testifying in a lawsuit filed by investors who claim that his statements about a plan to take Tesla private in 2018 caused them to lose billions of dollars.