Twitter Inc CEO Elon Musk said on Wednesday the social media company is "roughly breaking even," as most of its advertisers have returned and its aggressive cost-cutting efforts have started bearing fruit after massive layoffs.   Musk, in an interview with BBC broadcast live on Twitter...

On Tuesday, Alibaba Group Holding Ltd demonstrated its generative AI model—its take on the technology that underpins chatbot phenomenon ChatGPT—and announced that it would soon be included into all of the company's apps.   In a videotaped presentation, the AI large language model, known as...

After Signature Bank failed last month, the American branch of cryptocurrency exchange Binance is having trouble finding a bank to handle its customers' cash, according to a report published on Saturday by the Wall Street Journal, which cited people familiar with the situation.   Prior to...

In 2019, Microsoft made its initial $1 billion investment in OpenAI, although the deal attracted no more notice than the typical corporate venture round. The startup market was scorching, and among the many industries generating enormous valuations were aircraft, sophisticated logistics, electric...

A California Tesla owner filed a potential class action lawsuit against the electric vehicle manufacturer on Friday, accusing it of violating its clients' privacy.   The lawsuit was filed in the U.S. District Court for the Northern District of California after Reuters revealed on Thursday...

Last month, as Richard Branson's Virgin Orbit's fortunes were about to collapse, an unknown investor by the name of Matthew Brown emerged and offered a $200 million rescue.   According to related documents and email exchanges examined by Reuters and three people with knowledge of the...

On Thursday, shares of Airbnb Inc. dropped as much as 6% after an online independent media published a report looking into unfavorable experiences guests had while staying through the short-term rental website.   The Bear Cave research claims that horror stories of visitors to independently...

The use of less expensive, iron-based batteries will be extended by Tesla Inc. to a more economical electric vehicle as well as a version of its Semi big electric trucks.   Elon Musk, the CEO of Tesla, has promoted the lithium iron phosphate (LFP) battery technology that is largely produced...

Many individuals rushed to get a glance of the store's black and yellow artwork, which was modeled after Mumbai's recognizable taxis, as Apple Inc. unveiled the appearance of its first retail location in India.   According to a source familiar with the situation who spoke to Reuters, the...

Toyota Motor Corp. of Japan is considering a factory floor makeover as it plans a transition to a new, specialized platform for battery electric vehicles, according to four individuals familiar with the topic.   According to one of the sources, Koji Sato may disclose the existence of a new...

As part of a restructuring effort by CEO Wael Sawan to increase the energy giant's profits, Shell is dividing up its renewables and low-carbon division.   The adjustments come as Sawan, who assumed office at the beginning of the year, has hinted recently that Shell is thinking about doing...