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Uber Is Closing a Business It Bought for Over $1 Billion Three Years Ago

Jan. 16, 2024 11:01 am ET Uber said it’s shutting down Drizly, the alcohol-delivery service it acquired for $1.1 billion…

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Why Big Tech Is Still Minding Its Bills

Even the deepest pockets have their limits.  Amazon and Google-parent Alphabet sit on a combined $184 billion in cash and…

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Amazon Is Laying Off Hundreds at Prime Video, MGM Studios and Twitch

Jan. 10, 2024 10:48 am ET Amazon is eliminating hundreds of jobs across its film and television studio and Twitch…

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Nvidia’s New China Pickle: Customers Don’t Want Its Downgraded Chips

SINGAPORE—After U.S. regulations barred Nvidia from selling its high-performance artificial-intelligence chips to China in October, the company’s engineers quickly designed…

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OpenAI Turmoil Pushes Customers to Diversify

OpenAI’s management chaos in November could have long-lasting effects on its business as some of the company’s customers say it…

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Opinion | Chaos Straight Outta Compton

Updated Jan. 4, 2024 6:59 pm ET The left wants voters to believe the post-pandemic crime surge is over. But…

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Opinion | I’ll Cheer as They Cashier the Self-Checkout Device

Booths, a supermarket chain in Northern England, recently announced it is closing the self-checkout lanes in most of its stores.…

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Opinion | Double Dipping in Opioid Lawsuits

The plaintiffs bar never met a business it wouldn’t sue, and now the lawyers are using government authority to pursue…

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A $500 Dog Bed for Humans? Sounds About Right

That warm and fuzzy haven for four-legged friends has become the latest comfort craze for people.

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Opinion | 2024 May Not Be a Year of Media Deals After All

Solutions are needed for streaming and cable losses, but Team Biden stands in the way.

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