Corporate Events

SpaceX to lay off 10 percent of workforce

SpaceX to lay off 10 percent of workforce

Published 12/01/2019

(Reuters) - Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 percent of the company’s more than 6,000 employees, it said on [more…]

Skydance hires ousted Disney animation head John Lasseter

Skydance hires ousted Disney animation head John Lasseter

Published 09/01/2019

(Reuters) - U.S. film production company Skydance Media on Wednesday named Walt Disney Co’s (DIS.N) former animation head and co-founder of Pixar, John Lasseter, as [more…]

Euro zone unemployment unexpectedly falls to 10-year low

Euro zone unemployment unexpectedly falls to 10-year low

Published 09/01/2019

BRUSSELS (Reuters) - Unemployment in the euro zone unexpectedly fell in November to its lowest rate in more than ten years, official estimates released on [more…]

Tesla sued for passenger death due to defective battery

Tesla sued for passenger death due to defective battery

Published 08/01/2019

(Reuters) - Chicago law firm Corboy & Demetrio said on Tuesday it filed a lawsuit against electric carmaker Tesla Inc (TSLA.O) alleging that its 2014 [more…]

Instagram ‘back to normal’ after bug triggers temporary change to feed

Instagram ‘back to normal’ after bug triggers temporary change to feed

Published 27/12/2018

(Reuters) - Facebook Inc’s photo-sharing social network Instagram said on Thursday it has fixed a bug that led to a temporary change in the appearance [more…]

Several automakers report fall in U.S. sales in November

Several automakers report fall in U.S. sales in November

Published 03/12/2018

(Reuters) - Several carmakers reported a drop in new car sales in the United States in November, hurt by rising car prices and higher interest [more…]

Uber’s Middle East rival Careem launches bus-booking service in Egypt

Uber’s Middle East rival Careem launches bus-booking service in Egypt

Published 03/12/2018

DUBAI (Reuters) - Middle East ride-hailing company Careem said on Monday it had launched a bus-booking service in Egypt and would soon expand it into [more…]

Moelis hires from BlackRock, hedge fund for activist defense team

Moelis hires from BlackRock, hedge fund for activist defense team

Published 03/12/2018

(Reuters) - Investment bank Moelis & Co said on Monday it has hired an executive from the world’s largest index fund manager, BlackRock Inc, as [more…]

Grab invests $100 million in Indian hotel startup OYO: source

Grab invests $100 million in Indian hotel startup OYO: source

Published 03/12/2018

(Reuters) - Singapore-based ride-hailing firm Grab has invested $100 million in Indian hotel-reservations startup OYO, a source with knowledge of the matter told Reuters on [more…]

NASA selects nine U.S. companies to vie for moon program funding

NASA selects nine U.S. companies to vie for moon program funding

Published 29/11/2018

ORLANDO, Fla. (Reuters) - NASA on Thursday named nine U.S. companies, including Lockheed Martin Corp, that will compete for funding under the space agency’s renewed [more…]