SpaceX also plans to repurchase up to $500 million (£411.79 million) in common stock as part of the deal.
TikTok on Tuesday labeled as "pure fiction" a report that China is exploring a potential sale of the video-sharing platform's US operations to billionaire Elon Musk as the firm faces an American law requiring imminent Chinese divestment.
Britain's competition watchdog Tuesday launched an investigation into Google's dominant position in the search engine market and its impacts on consumers and businesses.
Rashida Jones, the first Black president of a major television news network, has stepped down as MSNBC's leader amid corporate restructuring and industry challenges.
Starbucks now requires customers to purchase before using their restrooms or linger in stores, reversing a previous open-door policy.
Sonos CEO Patrick Spence resigned following a disastrous app update that angered customers, hurt sales, and damaged the company's brand.
JPMorgan Chase CEO Jamie Dimon claims Bitcoin is primarily used for illicit activities like money laundering and drug trafficking.
Apple's board of directors has recommended shareholders vote against a proposal to end the company's diversity, equity and inclusion (DEI) programs, going against the grain of decisions by other large US corporates.
Meta lets users call LGBTQ+ people mentally ill, citing 'free speech.' Critics fear this fuels hate and discrimination.
Dell is streamlining its PC lineup, retiring iconic names like XPS and Inspiron in favour of a unified 'Dell' brand, mirroring Apple's naming strategy.
Jaguar has defied a coroner's call to redesign I-PACE after a 7-year-old boy was tragically killed by reversing SUV.
Jellycat: Plush toys with a cult following are fetching high prices on resale markets. Some see investment potential; others find comfort.
HMRC is cracking down on online sellers. Platforms like Etsy, eBay, and Vinted must now share data on users earning over £1,700 annually.
ByteDance sues ex-intern Tian Keyu for £860K, claiming he tampered with AI training code, causing significant losses. The lawsuit was filed in Beijing.
Outrage erupted after a customer accused Uber of scamming him by using a viral vomit photo to justify an £80 cleaning fee.
Tesla reported a dip in full-year auto sales Thursday, missing a company forecast in a sign of rising electric vehicle competition in China and other markets.
For Mikaela Mijatovic, Klarna's director of people and HR, the move was "part of a larger effort to strengthen security across Klarna."
Uber CEO Dara Khosrowshahi has said his firm is open to cooperating with Elon Musk's Tesla in the driverless car market. At the same time, Khosrowshahi, took a slightly more combative tone with Amazon.
