Technology News

Tesla’s fourth quarter earnings did not meet analyst expectations and the company has cautioned about reduced sales growth in the coming year.

DETROIT (AP) — Tesla’s net income more than doubled last quarter thanks to a one-time tax benefit but it warned of “notably lower” sales growth this year. During the months of October through December, the company based in Austin, Texas that specializes in vehicles, solar panels, and batteries reported a net income of $7.93 billion.

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. eBay, an internet marketplace, is downsizing its staff by 1,000 employees. This follows a trend among technology companies to downsize their workforce.

eBay Inc., an online retail company, has announced plans to reduce its workforce by approximately 1,000 employees, which is estimated to be around 9% of its total full-time staff. The decision was made due to the company’s current employee count and expenses being higher than its growth rate in a sluggish economy. This is one

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The hacker who leaked client information from an Australian health insurer has been sanctioned.

A Russian citizen has been penalized by the Australian authorities for participating in a cyber intrusion that exposed the personal data of over 10 million individuals in Australia. In October 2022, an individual released client information from Medibank, the biggest health insurance provider in Australia, which included information about HIV diagnoses and drug abuse treatment.

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The appeals court has overturned a judge’s decision and has ordered the appointment of an independent examiner for the FTX bankruptcy case.

The bankruptcy case of FTX has been ordered to appoint an independent examiner by a federal appeals court in response to concerns about rampant fraud leading up to the downfall of the large-scale cryptocurrency exchange. On Friday, a trio of judges in Philadelphia made a decision on an appeal from the U.S. bankruptcy trustee, who

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Japan has now successfully landed a spacecraft on the moon, making it the fifth country to achieve this feat.

Japan’s unmanned spacecraft achieved a historic feat early Saturday as it became the fifth country to land on the moon. The successful soft landing marks a significant achievement for Japan’s space program. Space authorities stated that further examination was required to determine if the Smart Lander for Investigating Moon (SLIM) successfully completed its primary objective

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