Companies

The Truth About Temu

Temu is the most downloaded new app in America. But it's also starting to develop a reputation for undelivered packages, mysterious charges, and incorrect orders.

Black Friday Deals Bring Small Crowds

U.S. consumers are still spending, but they’re growing more cautious with inflation at an all-time high

Bob Iger’s Predictions About His Successor Were Prescient

Disney's returning CEO Bob Iger told TIME the key qualities he thought his successor would need in 2019. Here's how Bob Chapek fell short.

Abigail Disney on Bob Iger's Stunning Comeback

Abigail Disney spoke to TIME after the company her grandfather co-founded replaced chief executive Bob Chapek with his predecessor Bob Iger.

Sam Bankman-Fried’s Island Haven Draws Scrutiny

For the Bahamas, the collapse of one of its most visible companies is a blow to a years-long effort to build a digital-currency hub.

Big Tech Layoffs Are Hurting Global Workers

The impact of Silicon Valley's firing spree is already being felt as far away as Kenya and Nepal

Musk Has Inherited Twitter’s India Problem

Twitter's role as one of the few remaining forums for relatively free expression in India hangs in the balance.

Most Green Inventions Never See the Light of Day. Here's Why

This year, TIME's annual list of Best Inventions includes more innovations in sustainability than ever before. Among them is SCC55, a material that significantly enhances silicon-lithium battery performance (pictured above), made by Group14 Technologies. The...

TikTok Subcontractor Under Investigation

TikTok outsourced traumatic work to Colombia. Now the country's government is investigating, after a report by TIME and the Bureau of Investigative Journalism

Zuckerberg Says ‘Sorry’ as Meta Begins Cutting Jobs

The company will cut more than 11,000 jobs in the first major round of layoffs in its history.

Twitter Bans Accounts Mocking 'Free Speech Absolutist' Elon Musk

The platform banned several comedians for parody tweets in which they impersonated its new owner

Jack Dorsey Apologizes for Growing Twitter ‘Too Quickly’

On Thursday and Friday, Elon Musk slashed over half the staff, affecting almost every team at the company

Musk Plans to Eliminate Half of Twitter Jobs to Cut Costs

Elon Musk plans to cut about half of Twitter's workforce in a bid to drive down costs following his acquisition

Elon Musk Finalizes Deal to Buy Twitter

Billionaire Tesla CEO Elon Musk has officially acquired Twitter, he announced on the platform

Musk Visits Twitter HQ as Deal Deadline Looms

The fate of Twitter could be sealed this week as the deadline looms for Elon Musk to complete his $44 billion acquisition of the company.

Twitter Employees Protest Musk Layoff Plans

The employees circulated an open letter pushing back against being 'pawns in a game played by billionaires'

Twitter Trial Halted to Allow Musk Deal to Close

The ruling gives Musk a deadline by which he needs to make good on his April agreement to buy the company

How Elon Musk Could Change Twitter

Twitter could get some major updates now that the takeover deal has gone through

Elon Musk Revives $44 Billion Twitter Deal

An agreement would avoid the continuation of a costly legal battle

The Big Takeaways From Elon Musk’s Twitter Texts

Hundreds of Elon Musk’s private text messages about Twitter were made public

Meta Announces Hiring Freeze, Warns Employees of Restructuring

The move puts an end to the social media giant’s years of rapid growth and expansion

Meta Said to Be Pushing Workers Out to Cut Costs

Meta is reportedly pushing employees out by reorganizing departments and only giving workers a short time to find new positions

Lululemon Founder Pledges Millions to Save Wilderness

Chip Wilson and his wife pledged $75.8 million to protect vast tracts of wilderness in the west of Canada

Why Patagonia’s Founder Just Gave the Company Away

Reluctant billionaire Yvon Chouinard is giving the company away in an effort to fight environmental crises

Even Without a Strike Railroads Are in Trouble

A potential strike by railroad workers has been averted, but customers and executives say that the industry needs an overhaul

Peloton Founders to Depart Company

The reshuffling extends a year of upheaval at Peloton, which thrived early in the pandemic but is now suffering mounting losses

Designing the Office of the Future

Twitter Whistleblower Complaint Allowed in Musk Trial

The judge denied Musk’s request to delay a trial of the case set for next month.

Snap Said to Be Cutting 20% of Workforce

The company has faced a slowdown in advertiser spending on the platform

Musk Cites Whistleblower in Twitter Dispute

Lawyers on behalf of Musk said the whistleblower's allegations meant that Twitter had breached the conditions in the merger agreement

Musk Sells $6.9B of Tesla Stocks for Twitter Deal

Bid to avoid a last-minute selloff if he has to go ahead with his aborted Twitter takeover plan

BP’s Profits Stir Political Recriminations

The company has reported a surge in profit, following similar windfalls for other major oil and gas firms last week

Musk-Twitter Trial to Start Oct. 17

Twitter’s lawyers say they’ll need only four days to prove Musk is misusing questions about spam and robot accounts as a pretext to walk away from the deal.

Amazon to Buy Primary-Care Firm One Medical for $3.9 Billion

One Medical, whose parent is called 1Life Healthcare Inc., operates 182 medical offices in 25 markets in the U.S.

Netflix Tests Fees to Share Passwords in 5 Countries

Netflix Inc. will ask customers in five Latin America countries to pay a fee if they want to use their account in an additional home, a test the company hopes will generate additional revenue by...

Musk Tries to Slow Twitter's Push for a Quick Trial Over $44 Billion Deal

Elon Musk’s lawyers say Twitter Inc. officials are unfairly pushing for a “warp speed” trial over claims the billionaire improperly canceled his proposed $44 billion buyout of the social media company, and asked for the...