Brazilian telecom firm Oi SA said late Friday it decided to postpone the release of its 2022 financial statements to May 22, after an expected presentation of its judicial reorganization plan.
Tesla’s market share in its key California market tumbled in the first quarter of the year despite aggressive price cuts as rivals stepped up, data showed on Friday.
Alphabet Inc Chief Executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median employee’s pay, the company said in a securities filing on Friday.
Private-equity firm Silver Lake has offered to buy Software AG in a deal that values the German business software developer at 2.2 billion euros ($2.42 billion).
Jurors in what appears to be the first trial related to a crash involving Tesla’s Autopilot feature told Reuters after the verdict on Friday that the EV maker clearly warned that the partially automated driving software was not a self-piloted system, and that driver distraction was to blame.
Benchling, which develops software tools for scientists and pharmaceutical research organizations, has laid off 74 employees, or 9% of its workforce, its spokesperson confirmed on Friday.
Computer-memory company Netlist Inc convinced a federal jury in Texas on Friday to award it more than $303 million for Samsung Electronics Co’s infringement of several patents related to improvements in data processing.
Canada and Volkswagen on Friday together committed more than C$20 billion ($14.8 billion) for a battery gigafactory in St. Thomas, Ontario, the biggest single investment ever in the country’s electric-vehicle supply chain.
