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TMN - Meta

Meta Sees Potential Sales Growth from WhatsApp and Messenger

Meta Platforms CEO Mark Zuckerberg reportedly stated in his meeting with staff that they would drive the company’s revenue growth through the messaging apps Messenger and WhatsApp. Zuckerberg compared the two messaging apps from Facebook and Instagram, saying that Messenger and WhatsApp were “very early in monetizing.” “We talk a lot about the very long-term …

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Musk Defends his $56 Billion Compensation Pay

Billionaire CEO Elon Musk testified in court on Wednesday to defend against the shareholder lawsuit that questioned his 2018 compensation package. The lawsuit against Musk and Tesla’s board was headed by Tesla shareholder Richard J. Tornetta, who said that the automotive company was mistaken for awarding Musk with the 2018 compensation package that was worth …

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tesla

Tesla Investors Concern Over Musk’s All-nighters at Twitter

The Tesla board raised concerns about Musk’s commitment following a report that the billionaire CEO had worked all night at Twitter’s San Francisco headquarters and was planning to keep working and sleeping at the HQ until the platform was fixed. Musk, a self-described “nanomanager,” is known to have a tendency to work for long hours …

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Berkshire Hathaway Announces $4.1 Billion Stake in TSMC

Billionaire Warren Buffett’s conglomerate Berkshire Hathaway Inc (BRKA) announced that it had bought $4.1 billion worth of stock in Taiwan Semiconductor Manufacturing (TSMC). In a filing on Monday with the US Securities and Exchange Commission, BRKA declared its acquisition of 60 million American depository shares of TSMC for the quarter that ended in September. Berkshire …

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Amazon to Begin Mass Layoff this Week

Amazon.com Inc reportedly plans to cut 10,000 employees this week as the company prepares for a possible recession and slower growth. The potential layoff would be the e-commerce giant’s biggest staff reduction to date, representing around 3% of Amazon’s corporate employees. According to a source, business teams inside Amazon are reviewing their priorities, which could …

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Apple’s Mixed-reality Headset may be the First Step to Appleverse

Apple Inc’s mixed-reality headset, the company’s next major product, might be the first step to creating Apple’s version of the “metaverse.” The tech giant, despite its aversion for the term “metaverse,” have been working on the mixed-reality headset for years. At one point, there was even some speculation about a possible release in 2020 even …

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FTX searches for $9.4 billion in rescue revenue

FTX searches for $9.4 billion in rescue revenue

Over the past few hours, Bankman-Fried has debated growing $1 billion each from Justin Sun, the creator of crypto token Tron, opponent exchange OKX and stablecoin platform Tether, as stated by a source who has immediate knowledge of the matter. The source counted that he is pursuing the remainder from other funds, including existing investors …

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