Business

CNBC reports: Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta, the company formerly known as Facebook. Sandberg joined Facebook in early 2008 as the No. 2 to Facebook CEO and co-founder Mark Zuckerberg, and helped turn Facebook into an advertising juggernaut and one of the most powerful companies in the tech industry, with a …

From Elon Musk’s email to Tesla employees: Everyone at Tesla is required to spend a minimum of 40 hours in the office per week. Moreover, the office must be where your actual colleagues are located, not some remote pseudo office. If you don’t show up, we will assume you have resigned. The more senior you are, the more visible must …

The Las Vegas Review-Journal reports: Elvis might be leaving the buildings. The company that lords over the King’s image and likeness is cracking down on Las Vegas chapels that book Elvis-themed weddings and otherwise embrace his persona. Authentic Brands Group (ABG), which licenses Elvis Presley-related merchandise, has issued a cease-and-desist letter dated May 19 to several Las Vegas chapels. “This …

The Washington Post reports: A multistate outbreak of hepatitis A infections in the United States and Canada is likely to have been sparked by contaminated organic strawberries sold in leading grocery stores, the Food and Drug Administration warned, urging customers to throw out any uneaten batches that may have been frozen for later consumption. “Consumers, restaurants, and retailers should not …

CBS News reports: Airline travelers are not only facing sticker shock this Memorial Day weekend, the kickoff to the summer travel season. They’re also dealing with a pileup of flight cancellations. More than 1,200 flights were canceled as of 2 p.m EST Saturday, according to flight tracking website FlightAware. That followed more than 2,300 cancellations on Friday. Delta noted in …

The New Jersey Advance reports: New Jersey legal weed sales topped $24 million in the first month of the roll out at a dozen locations, according to the state Cannabis Regulatory Commission. Actual receipts reported to the CRC showed $24,201,875.38 million in recreational weed sales from April 21 to May 21. Gov. Phil Murphy’s proposed $48.9 billion budget for the …

The Associated Press reports: Twitter shareholders have filed a lawsuit accusing Elon Musk of engaged in “unlawful conduct” aimed at sowing doubt about his bid to buy the social media company. The lawsuit filed late Wednesday in the U.S. District Court for the Northern District of California claims the billionaire Tesla CEO has sought to drive down Twitter’s stock price …

Axios reports: Walmart customers in six states will soon be able to have their orders delivered by drone in less than 30 minutes. This will be the first large-scale drone delivery operation in the United States. So far, drone deliveries have been available only in a few small towns, with customers selecting from a short list of items. Walmart’s DroneUp …

ABC News reports: Washington, D.C., Attorney General Karl Racine has sued Meta CEO Mark Zuckerberg for allegedly failing to protect consumer data following the Cambridge Analytica data leak. “The evidence shows Mr. Zuckerberg was personally involved in Facebook’s failure to protect the privacy and data of its users leading directly to the Cambridge Analytica incident,” Racine said in a statement …

The Associated Press reports: A small brewery in Finland has launched a NATO-themed beer to mark the Nordic country’s bid to join the Western military alliance. Olaf Brewing’s OTAN lager features a blue label with a cartoon version of a beer-drinking medieval knight in metal armor emblazoned with NATO’s compass symbol. The beer’s name is a play on the Finnish …

CNBC reports: After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil and British American Tobacco in withdrawing from the country completely. The coffee giant announced Monday that it will no longer have a brand presence in Russia. Starbucks has 130 locations in the country, which account for less than 1% of the …

The Washington Post reports: Live Nation Entertainment — the corporate parent of Ticketmaster and a dominant force in the entertainment industry — urged Democrats and Republicans in Congress to let it be directly eligible for the $15 billion emergency relief program. Congress was wary of allowing grants to publicly traded companies such as Live Nation, worrying that the funds could …

The Insider reports: Elon Musk said he’s building a “hardcore litigation department” at Tesla that will report directly to him. He tweeted Friday that Tesla is building a team that would “seek victory in a just case against us, even if we will probably win.” He added that the team would “never surrender/settle an unjust case against us, even if …

The Daily Beast reports: Elon Musk responded to a bombshell allegation that he exposed himself to a flight attendant by daring the woman to describe something on his body that has not been made public. “She won’t be able to do so, because it never happened,” Musk tweeted in reply to a supporter early Friday. Hours before the Insider report …

The Hill reports: SpaceX and Tesla CEO Elon Musk late Thursday apparently responded to an article from Business Insider that says Musk was accused of sexually propositioning a SpaceX flight attendant, calling the claims not true. Musk on Thursday failed to cite the report, but tweeted “for the record, those wild accusations are utterly untrue.” “The attacks against me should …

CNBC reports: Spirit Airlines’ board on Thursday urged its shareholders to reject JetBlue Airways’ hostile takeover attempt, citing regulatory hurdles and accusing the airline of trying to derail its planned merger with fellow discount carrier Frontier Airlines. JetBlue launched its hostile takeover bid on Monday after Spirit earlier this month rebuffed its surprise $33-a-share, all-cash acquisition offer. The tender offer …

The Insider reports: SpaceX, the aerospace firm founded by Elon Musk, the world’s wealthiest man, paid a flight attendant $250,000 to settle a sexual misconduct claim against Musk in 2018, Insider has learned. The attendant worked as a member of the cabin crew on a contract basis for SpaceX’s corporate jet fleet. She accused Musk of exposing his erect penis …

Reuters reports: Google’s Russian subsidiary plans to file for bankruptcy after the authorities seized its bank account, making it impossible to carry on operations, a Google spokesperson said on Wednesday. Alphabet Inc’s Google has been under pressure in Russia for months for failing to delete content Moscow deems illegal and for restricting access to some Russian media on YouTube, but …

Yahoo Finance reports: Twitter said it plans to complete its $44 billion merger agreement with Elon Musk, even as the Tesla CEO appears to dither on the deal. “Twitter is committed to completing the transaction on the agreed price and terms as promptly as practicable,” it said in a Securities and Exchange Commission filing published Tuesday night, referring to Musk’s …

From Apple’s memo to employees today: Based on current conditions, we have two updates to share: First, we are temporarily asking team members to wear masks in common spaces, meeting rooms, hallways, and elevators—in general, all areas outside of your personal workspace. Second, we are extending the phase-in period of the pilot and maintaining two days a week in the …