Summary: META Platforms is opening Facebook Marketplace to classified ad rivals in Europe to comply with EU antitrust order and fine; company disagrees with decision but follows through with changes.
Full articleSummary: Tesla's stock price has fallen by 30% from its all-time high in December, with Musk's net worth dropping by $106 billion due to the decline in shares. The selloff is attributed to concerns about Tesla's ability to dominate self-driving technology, as well as mixed opinions on Musk's government involvement.
Full articleSummary: Microsoft Project for Windows (lifetime license) is on sale for $20 through Feb. 23 (reg. $249.99). It offers features to organize projects, visualize workload, prioritize tasks, track progress, and collaborate seamlessly.
Full articleSummary: Deere & Co. reported fiscal first-quarter results beating expectations with a per-share net income of $3.19 compared to the estimated $3.13.
Full articleSummary: Ashton Bentley, an innovator in integrated meeting room technology, confirms agreement with Cisco at ISE 2025 for verified certification of its display mounts with select Cisco Collaboration devices.
Full articleSummary: Tesla has been aggressively suing car owners and critics, leveraging its political ties in China to silence complaints and criticism. Multiple customers who raised concerns about mechanical failures faced lawsuits and defamation charges from Tesla, leading to a chilling effect in Chinese society. Despite criticisms and lawsuits, Tesla has enjoyed regulatory benefits and financial rewards in China under the patronage of powerful leaders.
Full articleSummary: Intel Corporation (NASDAQ: INTC) reported a 7% sales drop YoY in its earnings presentation for the fourth quarter.
Full articleSummary: Walt Disney is rebranding its DEI program as -MyDisneyToday- to focus on business outcomes and talent strategy, changing executive compensation criteria to evaluate leaders advancing company's values.
Full articleSummary: DoorDash's possible entry into the S&P 500 index following positive earnings report is seen as a near-term driver for its stock by Bank of America analyst Michael McGovern, who raised the price target by nearly 20% to $245.
Full articleSummary: HyClone Laboratories filed a Motion to Quash a subpoena from Amgen seeking information on its cell culture media product. HyClone argues the requests are overbroad, vague, and seek trade secret information.
Full articleSummary: CVS Health Corp. plans to cut another 2,900 jobs, mostly corporate, impacting Aetna's Hartford headquarters. The layoffs are part of a $2 billion cost-cutting initiative aiming to invest in technology.
Full articleSummary: Apple is reportedly working on a new operating system called homeOS and two smart displays, one with a robotic limb and an iPad-like display while the other is cheaper without the robotic arm and aimed at controlling home appliances; all devices will run on Apple Intelligence.
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