News

Uninspiring earnings and a “black cloud” from Elon Musk drama have sent Tesla shares down 27% in 2024.

Start-up funding in 2023 was similar to COVID levels, topping just $3.5 billion compared to $7.4 billion in 2022, the latest State of Australian Startup Funding Report found.

The social media company joins Microsoft, Zoom, Okta and others that have laid employees off in the new year.

The royal family said the monarch will step away from “public-facing duties” during his treatment.

Need fresh ammo to persuade your boss they shouldn’t make office returns mandatory? Two new studies suggest remote work not only lures more diverse and experienced candidates willing to trade higher pay for flexibility—but that office mandates don’t appear to boost financial performance, hurting job satisfaction instead.

Never mind the recent rally, for a decade the crypto industry has been selling the promise of decentralisation, a new financial system without middlemen, but many blockchain projects have recreated the very elements they tried to overthrow, and regulators are adamant about keeping the status quo.

But Apple (shares down 5% this year) and Tesla (down 26%) have watched on the sidelines as their big tech peers have won over investors in 2024.

The electric car maker has already begun issuing over-the-air software updates to fix the issue.

Stadium-sized Asteroid 2008 OS7 is the largest of three asteroids passing by Earth on Friday.

The company is attempting to sell most of its remaining stock of Yeezy footwear at cost, instead of writing it off.