Ebay

eBay to Cut 1,100 Jobs, or 9% of Its Workforce, in Second Round of Layoffs This Year

The American auction site eBay will lay off around 1,100 employees, or 9 percent of its workforce, Reuters reports.

Klarna is growing faster than expected - shares are rising

Revenue and trading volume are growing faster than expected at Klarna. Last but not least, the payments group turned a loss into a small net profit in the first quarter of this year. "It's a strong quarter, for sure," CEO Sebastian Siemiatkowski tells TT.

eBay rejects bid from GameStop

E-commerce giant eBay is rejecting the bid from game-store chain GameStop. GameStop CEO Ryan Cohen calls it "neither credible nor attractive."

GameStop makes $55.5 billion bid for eBay

The game store chain GameStop has made a $55.5 billion bid, equivalent to 510 billion kronor, to take over eBay.

eBay to lay off 800 employees globally

E-commerce giant eBay will lay off another 800 employees globally, Bloomberg reports.

US tech billionaires seek to reshape Greenland

Donald Trump claims that the US "needs" Greenland for defense purposes. But some American tech billionaires, including Peter Thiel, have very different plans for the world's largest island.

Lil Nas X Denies Charges After Naked Walk Incident in Los Angeles

Klarna Introduces Visa-Linked Payment Card in the USA

Payment giant Klarna is testing the launch of a payment card on the American market, linked to Visa. According to the company, five million customers in the USA are waiting in line to get the card.

Klarna Reaches 100 Million Consumers Amid Rapid Growth

The payment service Klarna went back in the first quarter, but has got pace on the increase. In April, Klarna reached for the first time up to the milestone 100 million active consumers globally, our fastest growth rate in two years", the company writes in a press release.

Klarna Payment Services Now Available on Ebay USA

The payment service Klarna is being launched on the auction site Ebay in the USA, writes Klarna in a press release.

Skype will be shut down

The internet phone company Skype, once founded by, among others, the Swede Niklas Zennström, will be shut down.

Musk's Power Grows: "The Biggest Coup in US History"

"No one voted for Elon". A non-elected billionaire with numerous conflicts of interest appears to be rapidly accumulating more and more power in the USA. This week, thousands of people have protested against Elon Musk's growing influence in American politics.

Musk has Trump's ear – but conflicts of interest await

In the media, he is already being called "the first polar". After the US presidential election, super entrepreneur Elon Musk has more or less moved in with winner Donald Trump at the Mar-a-Lago residence. The relationship affects ministerial appointments and Trump's plans – and raises questions about conflicts of interest.

Musk helped Trump - what does he get in return?

What does the world's richest man get for his support to the USA's next president? Elon Musk has invested time and money to get Donald Trump elected. Now it's time for the billionaire to collect his investment – likely in power, reports The New York Times.

Upwards on Wall Street – giants in the automotive industry down

The leading indexes on Wall Street were traded upwards on Monday – but within the automotive industry, it was still tough. Both Ford and General Motors fell.

Musk Enters the Election Campaign: "Incredible Power"

Elon Musk has gone from tweeting business updates about Tesla to questioning the independence of established media and being accused of spreading disinformation on X. Now, the world's richest man has backed Donald Trump in the US presidential election. But will the support help or harm?