Public company CEOs often complain their stock price is too low. Elon Musk took to Twitter early Friday to say the opposite—that Tesla’s stock price is “too high imo,” a short-hand for “in my opinion.” The tweet sent Tesla’s stock down nearly 10% to $714. He’s probably right. Tesla stock reached $800 this week, only $100 short of its pre-Covid highs. To justify even the post-tweet price, the...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Exclusive entertainment facebook
Meta’s Twitch Competitor Cuts Contracts With Gaming Creators
Since 2018, Meta Platforms has paid videogamers to stream their play on Facebook’s gaming service, its alternative to Twitch. Now, in a new era of austerity, Meta is cutting back on those payments. Facebook Gaming in the second half of last year dropped its contracts with at least 200 creators that paid them to spend time streaming on the web service, according to two people with direct...
Chinese Online Retail Giant JD.com Retreats in Southeast Asia
China’s Baidu to Launch ChatGPT-like Service
Amazon Fresh Hikes Grocery Delivery Fees
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive microsoft ai
How Microsoft’s Stumbles Led to Its OpenAI Alliance
Thoma Bravo, Vista Approach Sumo Logic About a Possible Buyout
Exclusive google autonomous vehicles
Alphabet’s Waymo Robotaxi Subsidiary Cuts Staff, Including Trucking Engineers
Exclusive startups venture capital
Bolt CEO Cuts Staff a Third Time as Revenue Lags