May 8 Reuters Social media platform Twitter Inc will remove accounts that have been inactive for several years, CEO Elon Musk announced in a tweet on Monday, saying that the action is important to free up abandoned handles. Twitter39;s billionaire owner in a separate tweet said inactive accounts will be archived, Musk did not add […]

LOS ANGELES, May 8 Reuters Amazon.com is offering customers 10 to pick up a purchase rather than have it shipped to a home address, as the ecommerce giant joins other retailers in racing to slash costs for home delivery and returns amid slack consumer demand. Amazon over the last few days has emailed an unknown number […]

Reuters LinkedIn, the social media network owned by Microsoft Corp that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down its Chinafocused job application. LinkedIn, which has 20,000 employees, has grown revenue each quarter during the last year, but it joins other major technology companies including […]

BARCELONA, May 9 Reuters Spanish drugmaker Grifols on Tuesday lifted its 2023 margin outlook after reporting sturdy growth in firstquarter core earnings and revenue as costcutting measures took effect and supply of plasma blood used in its medicines recovered. The company, which was severely hit at the start of the pandemic due to plasma shortages and […]

BERLIN, May 9 Reuters Daimler Truck reported on Tuesday a rise in firstquarter return on sales but maintained its 2023 outlook due to instability in the supply chain for semiconductors which it said was partly due to cyber attacks at its suppliers. The automaker itself had not been attacked, Chief Financial Officer Jochen Goetz said on […]

SAN FRANCISCO, May 8 Reuters Tesla Inc on Monday broke ground on a Texas lithium refinery that CEO Elon Musk said should produce enough of the battery metal to build about 1 million electric vehicles EVs by 2025, making it the largest North American processor of the material. The facility will push Tesla outside its core […]