Last quarter should've been a triumphant one for Sonos with the launch of its first headphones, but the company is facing the realities of its botched app
People are so excited for the next-gen Switch, they're likely holding off on buying Nintendo's current consoles and games. At least that's what the company's latest earnings report seems to indicate.
In a crushing quarterly update, Intel disclosed that it will cut more than 15 percent of its workforce.
It's the end of the line for Redbox and its DVD rental kiosks. The movie rental service's parent company, Chicken Soup for the Soul Entertainment, filed for Chapter 11 bankruptcy in late June. But it apparently shifted its filing from Chapter 11 to Chapter 7, which means it intends to liquidate its business altogether instead of putting the company through a reorganization.
Microsoft has withdrawn from OpenAI's board of directors a couple of weeks after the European Commission revealed that it's taking another look at the terms of their partnership, according to the Financial Times.
Tesla has announced its second quarter figures, with the company producing 410,831 and delivering 443,956 EVs in Q2. Production decreased by a little over 20,000 units compared to quarter one, but deliveries increased by nearly 15 percent.
Chicken Soup for the Soul Entertainment, which acquired the movie rental service Redbox in 2022, has filed for Chapter 11 bankruptcy protection, Deadline
While people who own and sell cryptocurrency have always had to pay taxes on their earnings, a new rule finalized by the US Treasury Department can ensure that they're paying the proper amount on their sales. The new rule will require cryptocurrency platforms like exchanges and payment processors to report their users' transactions to the Internal Revenue Service.
Volkswagen and EV company Rivian have entered a new partnership, and the total price tag for the collaboration could reach an eye-popping $5 billion.