Microsoft has announced layoffs of up to 9,000 workers as part of its efforts to invest in artificial intelligence (AI) and position the company for success in a dynamic marketplace.
Tesla's sales continue to decline, with a 13.5% drop in deliveries from April to June compared to the same period last year, leading to deeper woes for the company and CEO Elon Musk.
Despite challenges, Tesla's energy storage business also saw a decline in deployments of its Powerwall and Megapack stationary storage products for the second consecutive quarter.
Google has been ordered to pay over $314.6 million to Android smartphone users in California for misusing customers' cellphone data, sending and receiving information without permission.