Why Meta is laying off 10% of its workforce
Meta, the parent company of Facebook and Instagram, is planning to lay off 8,000 employees, or roughly 10%…
Sony and Honda pull the plug on the $100,000 EV they were going to launch in California
As major automakers pare back their EV offerings, Sony and Honda are scrapping their plans to launch a…
New Mexico social media harms lawsuit ends in $375-million verdict
Jurors in New Mexico leapfrogged their California peers Tuesday, handing down a $375-million verdict against Meta for endangering…
Ending a corporate tax break pitched to offset federal healthcare cuts
SACRAMENTO — A corporate tax policy that costs California billions in lost tax revenue each year could be coming to…
Another billionaire confirms California exit: Uber co-founder Kalanick
Uber co-founder Travis Kalanick said he moved to Texas in December, adding to the list of billionaires who…
Supreme Court may block thousands of lawsuits over Monsanto’s weed killer
WASHINGTON  — The Supreme Court announced Friday it will hear Monsanto’s claim that it should be shielded from tens…
Neiman Marcus parent sells its Beverly Hills site
The land below the Beverly Hills flagship store of luxury retailer Neiman Marcus has been sold to a…
Jimmy Kimmel extends ABC contract by one year
After an unusual year in his late-night tenure, Jimmy Kimmel is officially sticking around for a little while…
Comedy Central extends Jon Stewart’s ‘The Daily Show’ run through 2026
Jon Stewart’s biting satire may have made his new bosses squirm, but they went ahead and extended the…
Meta opens West Hollywood store to showcase smart glasses, VR headsets
Meta, the parent company of Facebook and Instagram, opened a new flagship store in Los Angeles where people…
Hollywood’s romance with micro dramas is heating up. Will it last?
SUNNYVALE, Calif. — A young woman is desperate to raise $50,000 for her mom’s life-saving medical treatment. She will get…