Pause

Elon Musk has reportedly asked Tesla executives to “pause all hiring worldwide” and cut about 10% of the staff due to what he called a “bad feeling about the economy.” Earlier this week, we reported on Elon Musk asking all Tesla employees to come back to the office or quit. Many people suspected that this was a wave of layoffs in disguise since Musk had to know a certain percentage of remote workers wouldn’t want to come back to the office. Now he apparently confirmed it in an email to Tesla executives obtained by…

Brian Armstrong, cofounder and CEO of Coinbase speaks onstage during 'Tales from the Crypto: What the Currency of the Future Means for You' at Vanity Fair's 6th Annual New Establishment Summit at Wallis Annenberg Center for the Performing Arts on October 23, 2019 in Beverly Hills, California.Matt Winkelmeyer | Getty ImagesTwo weeks after announcing plans to slow hiring, crypto exchange Coinbase now says the freeze will extend into the "foreseeable future." The company will also be pulling some accepted job offers.Coinbase…

Lyft Inc. LYFT -17.27% will slow hiring, reduce the budgets of some of its departments and grant new stock options to some employees to make up for its eroding share price, joining rival Uber Technologies Inc. UBER -9.38% in outlining cuts as investor optimism cools on tech stocks.President John Zimmer announced the measures Tuesday in a memo to staff. “It’s clear from our discussions…

The International Space Station’s spacesuits might finally need to be retired. NASA has paused ISS spacewalks following a water leak in one of the astronauts’ helmets. This isn’t the first time that the aging spacesuits have sprung a leak, either. Back in 2013, ESA astronaut Luca Parmitano had to cut a spacewalk short after his helmet filled with 1.5 liters of water. NASA pauses ISS spacewalks Image source: NASA A spacesuit is literally the difference between being able to breathe and being lost to the…

AT&T and Verizon agreed Tuesday to a partial delay in activating their 5G networks following an outcry from US airlines, who said the rollout could lead to travel chaos.US President Joe Biden said the move would avert major disruptions, but at least one airline, Delta, warned of the potential for cancellations despite the postponement.The latest delay came one day after the chief executives of the largest airlines in the United States warned of a "catastrophic disruption" to travel and shipping operations if the…