By Aditya Soni May 13 (Reuters) - Microsoft ( MSFT ) said on Tuesday it was laying off less than 3% of its workforce, or around 6,000 employees, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence. The cuts will be across all levels and geographies and are...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

02:21 PM EDT, 05/13/2025 (MT Newswires) -- Robinhood (HOOD) said it agreed to acquire WonderFi Technologies, a portfolio firm belonging to Mogo ( MOGO ) , for an all-cash purchase price of 250 million Canadian dollars ($179 million). Mogo ( MOGO ) shares soared 68% as intraday trading volume surged to more than 125.8 million from a daily average of...

Mullen Automotive, Inc. ( MULN ) shares are trading higher on Tuesday after the electric vehicle manufacturer revealed a key legal development to resolve its longstanding dispute with GEM Yield Bahamas Limited and GEM Global Yield (GEM). The company announced it had signed a settlement agreement with GEM on May 9, 2025. Under the deal, GEM will conduct a 55-day...