Elon Musk previously established a super PAC to help support Donald Trump's presidential campaign.
Industry
134-Year-Old Home Goods Retailer Conn’s Files for Bankruptcy, to Close Over 70 US Stores
The company said it had assets and liabilities worth between $1 billion to $10 billion. Conn's HomePlus, a 134-year-old retailer of furniture and electronics, has recently filed for bankruptcy and announced plans to close more than 70 stores nationwide.
Crowdstrike Blames Global Outage on Test Software, Offers $10 Apology Gift Card to Partners
The firm said the testing program used to validate security updates missed "problematic content."
Elon Musk Says Tesla’s Robotaxi Service to Launch on Oct. 10
Tesla CEO Elon Musk said that the company would be delaying the launch of its long-awaited robotaxi service on Oct. 10, around two months after the planned date.
PA-Based Federal Judge Denies Blocking FTC’s Noncompete Ban
A Pennsylvania-based federal judge ruled to decline calls to block bans on noncompete agreements issued by the Federal Trade Commission, which was a divergence from an earlier decision at a Texas counterpart earlier this month.
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The self-driving car units are now in service in Metro Phoenix, San Francisco, Los Angeles, and Austin.
The startup said it will instead focus on reaching $1 billion in revenue before considering publicly selling its shares.
The investigation comes after the DOT received hundreds of complaints over Delta's "unacceptable customer service conditions."
After laying off employees and implementing price hikes, Spotify reported meeting a more-than-expected financial outlook in Q2 2024, with its stock up over 10% and a total revenue of $4.14 billion.
Biden and other Democrats have endorsed Harris as the party's potential presidential nominee for the 2024 election.
It was not immediately clear how many employees were affected by Microsoft's recent layoffs. Tech giant Microsoft has quietly laid off an entire internal team focused on diversity, equity, and inclusion (DEI)---making the company the latest corporation to ditch diversity-based initiatives.
French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.
Google launched an initiative to eliminate cookies in 2020 but delayed the deadline thrice after failing to gain full support from regulators.
The $5 value meal includes a McChicken or McDouble, chicken nuggets, fries, and a small drink. Fast food chain McDonald's has announced it will extend its popular $5 value meal promo for another month as part of a push to attract more consumers back to its stores.
