Jonathan Wong

Jonathan Wong

The Latest

  • Amazon Blocks 1,800 Suspected North Korean Job Applications as Remote Hiring Becomes Security Battleground
    AMAZON BUYOUT
    Amazon has blocked more than 1,800 job applications linked to suspected North Korean operatives since April 2024, warning that routine corporate hiring pipelines are being exploited as covert revenue channels for Pyongyang's weapons programs, according to the company's chief security executive.
  • Southwest Ends Flexible Seating Rule, Requiring Some Passengers to Buy Two Tickets
    SOUTHWEST
    A policy shift at Southwest Airlines is set to reshape how plus-size passengers book flights, ending a long-standing approach that had distinguished the carrier from much of the U.S. airline industry and igniting criticism from advocates who say the change effectively forces some travelers to pay double.
  • Tesla Crashes Kill 3 in Four Days as 2025 Recalls Near 500,000 Vehicles
    TERMINATED
    A series of fatal Tesla crashes spanning two continents over four days has intensified scrutiny of the electric-vehicle maker at the close of a year marked by sweeping recalls and expanding legal exposure. The incidents-one in southern England and another in Northern California-left three people dead and several others critically injured, as investigators on both sides of the Atlantic examine speed, weather and the possible role of driver-assistance technology.
  • ByteDance Finalizes TikTok U.S. Deal With Oracle-Led Group as Forced Sale Deadline Nears
    Tiktok
    ByteDance has finalized a sweeping agreement to keep TikTok operating in the United States, striking a deal with Oracle, Silver Lake and Abu Dhabi-based investment firm MGX as the threat of a forced sale or nationwide ban reached a critical point, according to an internal company note reviewed by Axios.
  • Nissan’s $4.5 Billion Loss and Failed Honda Deal Raise Risks of Higher U.S. Car Prices
    Nissan Motor Co
    The collapse of merger talks between Honda Motor Co. and Nissan Motor Co. has left Nissan facing an accelerating financial crisis that industry executives warn could ripple quickly into the U.S. car market, pushing up prices and narrowing consumer choice as Chinese electric-vehicle makers expand their global reach.
  • Medline Shares Jump 30% After $6.26 Billion IPO, Capping Strongest New-Issue Year Since 2021
    Medline Shares Jump 30% After $6.26 Billion IPO, Capping Strongest New-Issue Year Since 2021
    Shares of medical-supplies manufacturer Medline Industries surged more than 30% in their Nasdaq debut Wednesday, delivering the largest initial public offering of 2025 and reinforcing renewed optimism about the U.S. IPO market heading into 2026. The stock opened at $35, up from its $29 offering price, giving the company a market capitalization of at least $37 billion based on shares outstanding disclosed in regulatory filings.
  • Tesla’s $350 ‘Plaid’ Pickleball Paddle Sells Out in Under Three Hours as Lifestyle Push Expands
    TESLA BTC SOLD
    Tesla has entered the fast-growing pickleball market with a $350 limited-edition paddle that sold out in under three hours, underscoring the company's ability to translate its brand cachet beyond electric vehicles and into premium lifestyle products. The paddle, branded the "Tesla Plaid," debuted Friday and immediately sparked debate over pricing, purpose, and the expanding scope of Tesla's consumer ambitions.
  • Nike Braces for 1% Sales Decline as Greater China Revenue Slumps 9% and Rivals Gain Share
    Nike
    Nike Inc. is heading into its second-quarter earnings report facing fresh evidence that its recovery remains fragile, with analysts forecasting a year-over-year sales decline driven largely by a sharp slowdown in China and intensifying competition in global footwear markets.
  • Amazon Cuts Dozens of Jobs in Washington, Says Move Is Separate From 14,000-Role Layoff Plan
    LABOR UNION
    Amazon is eliminating 84 jobs across Washington state early next year, according to a regulatory filing, a move the company says is unrelated to the sweeping global layoffs announced in October that eliminated roughly 14,000 roles and sent shockwaves through the technology sector.
  • Starlink’s Cash Flow Pushes SpaceX Toward Public Markets and Historic Valuation
    SpaceX Targets $25 Billion+ IPO, $1.5 Trillion Valuation as Starlink Drives 2026 Mega Listing
    SpaceX is laying the groundwork for a potential initial public offering that could rank among the largest and most consequential market debuts in modern financial history, as the company's valuation surges on the back of rapid growth at its satellite internet unit, Starlink, according to people familiar with the plans.
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