A series of quarterly earnings reports is showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates.
Tag: Computers and the Internet
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Meta Quarterly Earnings: Profit Declines With Losses in Reality Labs
The social networking company, which is trying to shift into the so-called metaverse, posted falling sales and said it was “making significant changes” to operate more efficiently.
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How Elon Musk Became a Geopolitical Chaos Agent
The world’s richest man has inserted himself in some of the world’s most combustible conflicts.
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Elon Musk Seems to Answer to No One. Except for a Judge in Delaware.
Kathaleen St. J. McCormick, the chief judge of Delaware’s Chancery Court, gave Mr. Musk until Friday to acquire Twitter. She is also the judge in at least one other case involving the billionaire.
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Spotify Wants to Get Into Audiobooks but Says Apple Is in the Way
Apple has rejected Spotify’s new app three times from its App Store. It is the latest in a series of confrontations between the two companies.