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SEC sues Elon Musk Over Purchase of Twitter shares
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against SpaceX CEO Elon Musk, accusing him of...
Rolls-Royce Cuts 2,500 Jobs Globally
This year, a further decline in aviation revenues due to COVID-19-induced impact has prompted Rolls-Royce to execute yet another round of layoffs in less than a decade. Cutting a chunk(6%)…
On-Demand Ride-Sharing Startup Lyft Is Raising Another Big Round Of Funding
Lyft is raising yet another big round of funding, according to sources. The company, which is seeking to make ride-sharing mainstream in cities across the U.S. and around the world,…