Articles by Madelaine Panganiban
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Verizon to Transform 180 Stores into Franchises, Cutting Thousands of Jobs
Verizon plans to cut 15,000 jobs and convert 180 stores into franchises amid rising competition.
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Ubisoft Delays Half-Year Results, Sparks Investor Speculation as Shares Halted on Euronext
Ubisoft delays its half-year results and halts trading on Euronext, sparking investor concern and speculation.
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Amazon Lays Off Nearly 700 Corporate Employees in New York City
Amazon is cutting nearly 700 corporate jobs in New York City as part of a major restructuring to streamline operations and reduce costs.
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Elon Musk Wins Shareholder Support for Unprecedented $1 Trillion Tesla Compensation Package
Elon Musk secures shareholder approval for a historic $1 trillion Tesla compensation package tied to ambitious company goals.
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Elon Musk's $1 Trillion Tesla Pay Proposal Hits Resistance from Norway's Mega Fund
Norway's $2 trillion wealth fund opposes Elon Musk's $1 trillion Tesla pay plan, citing concerns over its size and shareholder impact.
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Tesla Sales Crash in Europe While Rival EV Makers Surge Ahead
Tesla faces a sharp sales drop in Europe as rivals gain ground and legal challenges mount.
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Baidu Matches Waymo With 250,000 Weekly Robotaxi Rides as China-US Tech Rivalry Heats Up
Baidu's Apollo Go hits 250,000 weekly robotaxi rides, matching Waymo and intensifying the China-US race in autonomous driving technology.
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Udio Users Scramble to Save Creations as Universal Settlement Forces Policy Shift
Udio gives users 48 hours to download AI-generated songs after settling a copyright dispute with Universal Music.
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Nvidia's Jensen Huang Treats Crowds During Night with Samsung, Hyundai Execs
Nvidia CEO Jensen Huang wows fans in South Korea while meeting Samsung and Hyundai leaders over fried chicken and AI deals.
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TikTok Sale Moves Forward as China Greenlights Transfer Agreement
China has approved TikTok's U.S. transfer agreement, moving the app closer to a new American ownership.
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Reddit CEO Addresses Lawsuits Against AI Firms: 'Our Duty Is to Protect Our Data'
Reddit CEO Steve Huffman defends the company's lawsuits against AI firms for unauthorized use of its user data.
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Walmart Refutes TikTok Claims That Stores Will Shut Down on November 1
Walmart denies viral TikTok rumors claiming all stores will close on November 1, assuring customers that locations remain open and fully operational.
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Mark Zuckerberg's Awkward Moment After Billie Eilish Calls Out Billionaires at WSJ Awards
Billie Eilish calls out billionaires to share their wealth at the WSJ Innovator Awards, leaving Mark Zuckerberg visibly awkward during her speech.
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Universal Music Strikes Deal with AI Company Udio After Copyright Clash
Universal Music settles copyright dispute with AI startup Udio, launching a new AI-powered music platform for licensed content.
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General Motors Reduces EV Output, Axes 1,200 Detroit Jobs Amid Weak Demand
General Motors cuts 1,200 Detroit EV jobs and pauses battery production amid weak demand and policy changes.
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Cameo Accuses OpenAI of Copying Brand Name in Sora's 'Cameo' Video Generator
Cameo sues OpenAI for using its brand name in Sora's "Cameo" video feature, alleging trademark infringement and consumer confusion.
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Disney Channels Could Vanish From YouTube TV by Thursday Night Without New Deal
Disney channels, including ESPN and ABC, may vanish from YouTube TV by Thursday night if a new carriage deal isn't reached.
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Tesla Risks Losing Elon Musk as CEO Without $1 Trillion Compensation Plan, Chair Says
Tesla warns shareholders it may lose Elon Musk as CEO without approval of his $1 trillion pay plan.
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Amazon to Lay Off 30,000 Corporate Employees as It Ramps Up AI and Automation Efforts
Amazon plans to lay off 30,000 corporate employees as it boosts AI and automation across its workforce.
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Boeing Strike Continues Into Third Month as Workers Reject New Proposal
Boeing workers reject the latest contract offer, extending their strike into a third month over pay and benefits.
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Australia Accuses Microsoft of Misleading Consumers With AI-Driven 365 Price Hikes
Australia's ACCC has sued Microsoft for allegedly misleading 2.7 million users over AI-driven Microsoft 365 price hikes.
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Rivian Reaches $250 Million Settlement in Shareholder Suit Over IPO Pricing Claims
Rivian agrees to a $250M settlement over alleged IPO price misrepresentation as it focuses on launching the R2 SUV.
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Ticketmaster Unveils Plan to Crack Down on Scalpers Amid Mounting Criticism
Ticketmaster announces new anti-scalping measures, including account bans and shutting down TradeDesk, amid FTC lawsuit.
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Netflix's Ad and Gaming Push Faces Investor Scrutiny as Growth Accelerates
Netflix's Q3 earnings test the success of its big bets on ads and gaming as revenue and investor pressure grow.
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Amazon Confirms AWS Outage Fixed After Widespread Internet Disruptions Worldwide
Amazon confirms AWS outage resolved after global internet disruptions affected major apps, schools, and services.
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Elon Musk Faces Fresh Blow as Glass Lewis Urges Vote Against $1 Trillion Tesla Pay Package
Glass Lewis urges Tesla shareholders to reject Elon Musk's $1 trillion pay package ahead of crucial November 6 vote.
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Tesla Fights to Reinstate Elon Musk's Historic $56 Billion Pay Plan After Court Rejection
Tesla appeals to the Delaware Supreme Court to reinstate Elon Musk's $56 billion pay package after a lower court ruled it invalid.
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Stellantis Issues Major Recall for Dodge Darts Due to Rollaway Safety Hazard
Stellantis recalls nearly 300,000 Dodge Darts due to a gear shift issue that may cause rollaway accidents.
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Walmart Bets on AI Future With OpenAI Partnership, Bringing Instant Checkout to ChatGPT
Walmart partners with OpenAI to launch instant shopping through ChatGPT, making online purchases faster and easier.
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US Seizes Record $15 Billion in Bitcoin From Global 'Pig Butchering' Scheme Linked to Chen Zhi
US seizes $15 billion in bitcoin from Chen Zhi's global "pig butchering" crypto scam, the largest forfeiture in history.
