Search For "wall street journal"
US aviation safety watchdog seeks to fine SpaceX USD 175,000 over rocket l
Updated : 3 years ago IST
It is the first such penalty the Federal Aviation Administration (FAA) has sought from SpaceX, according to a spokesman for the agency. SpaceX has conducted hundreds of rocket flights over the years, including 61 in 2022, according to the Wall Street Journal.
Read More
Microsoft defends new Bing, says AI chatbot is work in progress
Updated : 3 years ago IST
Microsoft said that the search engine is still a work in progress, describing the past week as a learning experience that is helping it test and improve the new Bing. So far, only a select set of people have been given access to it.
Read More
ByteDance, Meta battle for virtual-reality market
Updated : 3 years, 1 month ago IST
ByteDance, the China-based owner of TikTok, is starting to snare market share in the virtual-reality headset space that Meta Platforms has identified as critical to its future, The Wall Street Journal reported.
Read More
Moscow, Tehran move forward with plans for Iranian-designed drone facility
Updated : 3 years, 1 month ago IST
As part of their emerging military alliance, the officials said, a high-level Iranian delegation flew to Russia in early January to visit the planned site for the factory and hammer out details to get the project up-and-running, according to WSJ.
Read More
FedEx laying off more than 10 pc of its management ranks
Updated : 3 years, 1 month ago IST
In an email to staff on Wednesday, Chief Executive Raj Subramaniam said the company was reducing the size of its officer and director ranks and consolidating some teams and functions.
Read More
IBM to cut 3,900 jobs amid broader tech slowdown: WSJ
Updated : 3 years, 1 month ago IST
The job cuts will stem from Kyndryl Holdings, the IT services business that IBM spun off last year, and its healthcare divestiture, from which the company will incur about a USD 300 million charge, a spokesman told WSJ.
Read More
US Justice Department probing Abbott Plant over infant formula: Report
Updated : 3 years, 1 month ago IST
The criminal investigation into the case is being conducted by attorneys of the consumer-protection branch of the US Department of Justice, the media outlet reported.
Read More
Twitter offers free ads to woo back advertisers: WSJ
Updated : 3 years, 1 month ago IST
The tech company is dangling free ad space by offering to match advertisers' ad spending up to USD 250,000, according to emails reviewed by The Wall Street Journal. The full USD 500,000 in advertising must run by February 28, the emails said. Twitter didn't respond to a request for comment.
Read More
Startups want airlines to bank on cloud-based tools to prevent tech meltdo
Updated : 3 years, 1 month ago IST
These tools, some originating from startups, offer the potential to make airline systems more automated and less dependent on older technologies that can require manual updates and are increasingly expensive to maintain, airline-industry consultants told the Wall Street Journal.
Read More
FTX seeks to recover donations made by exchange and Sam Bankman-Fried
Updated : 3 years, 2 months ago IST
According to WSJ report, at the end of September, FTX's charity arm, Future Fund, had committed more than $160 million to over 110 non-profit organisations, including biotech startups and university researchers developing Covid-19 vaccines and working on pandemic studies, as well as non-prof
Read More
Jack Ma to give up control of Chinese fintech giant Ant Group
Updated : 3 years, 2 months ago IST
Ma continues to hold voting rights in an entity that controls Ant, alongside nine Ant executives and employees who were also given voting rights. Together, they jointly control the company, the statement said.
Read More
Bank of Japan stuns markets with yield control policy change
Updated : 3 years, 2 months ago IST
The BOJ said the yield on the 10-year Japanese government bond could rise as high as 50 bps from a previous cap of 25 bps. The central bank has set a target range around zero for the benchmark government bond yield since 2016 and used that as a tool to keep overall market interest rates low,
Read More