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Apple wants to manufacture 25% of its iPhones in India, minister says

  • Jan. 23, 2023, 7:42 a.m.
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Apple is looking to manufacture 25% of all of its iPhones in India, the country's commerce minister said Monday. Piyush Goyal, India's minister of commerce and industry, called Apple "another success

via www.cnbc.com

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

  • Jan. 23, 2023, 5:42 a.m.
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NEW YORK, Jan 23 (Reuters) - Goldman Sachs Group Inc's (GS.N) asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's earning

via www.reuters.com

ChatGPT Passes Pennsylvania University MBA Exam

  • Jan. 23, 2023, 2:42 a.m.
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ChatGPT, artificial intelligence (AI) chatbot, has been in the news since its launch. Many people have used it to complete assignments and write essays according to specific styles, tones, and instruc

via www.theinsaneapp.com

Here’s what will happen to the economy as the debt ceiling drama deepens

  • Jan. 22, 2023, 8:42 p.m.
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Minneapolis CNN — After the United States hit its debt ceiling on Thursday, the Treasury Department is now undertaking “extraordinary measures” to keep paying the government’s bills. A default could

via www.cnn.com

Culver's is switching from Pepsi to Coke. Fans are not happy

  • Jan. 22, 2023, 4:42 p.m.
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1. How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Ot

via edition.cnn.com

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  • Jan. 22, 2023, 1:42 p.m.
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What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital include

via news.google.com

Grant Shapps launches crackdown on energy firms forcing financially stretched households to switch to prepayment meters

  • Jan. 22, 2023, 11:42 a.m.
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Grant Shapps has launched a crackdown on energy suppliers, following reports some are not doing enough to support vulnerable customers amid the cost of living crisis. The Business and Energy Secretar

via news.sky.com

Google employees scramble for answers after layoffs hit long-tenured and recently promoted employees

  • Jan. 21, 2023, 5:42 p.m.
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Google employees are scrambling for answers from leadership and from colleagues as the company undergoes a massive layoff. On Friday, Alphabet -owned Google announced it was cutting 12,000 employees,

via www.cnbc.com

Google layoffs to hit 12,000 workers, Alphabet CEO Sundar Pichai says

  • Jan. 21, 2023, 4:42 p.m.
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Google CEO Sundar Pichai said Friday the company is planning to lay off 12,000 people, becoming the latest tech company to slash jobs after rapid expansion during the pandemic. The big picture: Tech

via www.axios.com

New York's 2nd Legal Pot Dispensary Set to Open Tuesday in Greenwich Village

  • Jan. 21, 2023, 1:42 p.m.
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The second legal dispensary opens in New York City on Tuesday, and the governor says its the first pot shop run by someone "previously criminalized by cannabis prohibition." Smacked LLC is scheduled

via www.nbcnewyork.com

T-Mobile data breach compromised 37 million customers' data

  • Jan. 21, 2023, 10:42 a.m.
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T-Mobile has admitted that hackers were able to steal the information of around 37 million postpaid and prepaid customers in another major data breach. The carrier said in a regulatory filing that it

via www.engadget.com

Meta, Twitter, Microsoft and others urge Supreme Court not to allow lawsuits against tech algorithms

  • Jan. 20, 2023, 11 p.m.
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Washington CNN — A wide range of businesses, internet users, academics and even human rights experts defended Big Tech’s liability shield Thursday in a pivotal Supreme Court case about YouTube algori

via edition.cnn.com

EU Commission proposes a market ban on products made with forced labor

  • Jan. 20, 2023, 8:42 p.m.
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EU Commission proposes a market ban on products made with forced labor By: QIMA Oct 17, 2022 On September 14th, the EU Commission issued its Proposal for a regulation on prohibiting products made wi

via blog.qima.com

Twitter is down to fewer than 550 full-time engineers

  • Jan. 20, 2023, 5:42 p.m.
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Twitter's full-time headcount has dwindled to approximately 1,300 active, working employees, including fewer than 550 full-time engineers by title, according to internal records viewed by CNBC. Around

via www.cnbc.com

Microsoft under fire for hosting private Sting concert for its execs in Davos the night before announcing mass layoffs

  • Jan. 20, 2023, 4:42 p.m.
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Microsoft has come under fire after details of a get together it held in Davos, Switzerland, left the company’s workers more than a little stung. The Wall Street Journal reported this week that Micro

via fortune.com

Trump and his lawyer fined almost $1 million over 'frivolous' lawsuit targeting Hillary Clinton and others

  • Jan. 20, 2023, 12:42 p.m.
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A federal judge ordered Donald Trump and his attorney to pay nearly $1 million in sanctions. The pair were fined for filing a "frivolous" lawsuit against Hillary Clinton and 30 others. The case was

via www.businessinsider.co.za

T-Mobile says breach exposed personal data of 37 million customers

  • Jan. 20, 2023, 5:42 a.m.
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T-Mobile says breach exposed personal data of 37 million customers Enlarge this image toggle caption Michael Dwyer/AP Michael Dwyer/AP BOSTON — The U.S. wireless carrier T-Mobile said Thursday that

via www.npr.org

Google parent to lay off 12,000 workers as AI focus intensifies

  • Jan. 20, 2023, 5:42 a.m.
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Jan 20 (Reuters) - Google's parent Alphabet Inc (GOOGL.O) said on Friday it is cutting about 12,000 jobs, or 6% of its workforce, as the technology sector reels from layoffs and companie

via www.reuters.com

Netflix co-founder Hastings steps down as CEO as company adds subscribers

  • Jan. 19, 2023, 7:42 p.m.
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LOS ANGELES, Jan 19 (Reuters) - Netflix Inc (NFLX.O) co-founder Reed Hastings stepped down as chief executive of the company that upended Hollywood by delivering movies and TV shows onli

via www.reuters.com

Cannabis industry looks ahead to 2023 after facing challenges in 2022

  • Jan. 19, 2023, 5:42 p.m.
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Law firms Carter Ledyard & Milburn LLP Follow January 19, 2023 - As many readers know, 2022 was a mixed bag for the cannabis industry. While new markets showed healthy growth, legal can

via www.reuters.com

Microsoft cuts 10,000 jobs – read CEO Satya Nadella's email announcing the layoffs

  • Jan. 19, 2023, 12:42 p.m.
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Microsoft announced plans on Wednesday to reduce its headcount by 10,000 positions. CEO Satya Nadella told employees the company was "living through times of significant change." Read the email sent

via www.businessinsider.com

Ex-Amazon drone manager says he was fired for raising safety concerns

  • Jan. 19, 2023, 9:42 a.m.
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When Cheddi Skeete joined Amazon’s delivery drone project, it didn’t take long before he noticed some things were awry. There wasn’t an onboarding process for new employees, he said. There wasn’t a b

via archive.ph

Bed Bath & Beyond looks for capital infusion, buyer ahead of likely bankruptcy filing

  • Jan. 19, 2023, 7:42 a.m.
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"Multiple paths are being explored and we are determining our next steps thoroughly, and in a timely manner," the spokeswoman said, declining to comment further. A Bed Bath spokeswoman said Wednesday

via www.cnbc.com

Amazon to lay off staff in U.S., Canada and Costa Rica by end of day

  • Jan. 19, 2023, 7:42 a.m.
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[1/2] An Amazon Prime truck is pictured as it crosses the George Washington Bridge on Interstate Route 95 during Amazon's two-day "Prime Early Access Sale" shopping event for Amazon members in New Yor

via www.reuters.com

Oil giant Aramco says windfall taxes 'not helpful' and could stifle decarbonization

  • Jan. 19, 2023, 6:42 a.m.
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Pressuring oil companies through higher taxes is counterproductive at a time when global crude demand is set to outstrip supply, the CEO of Saudi Aramco, the world's largest and most profitable energy

via www.cnbc.com

Microsoft to Lay Off 10,000 Workers as It Looks to Trim Costs

  • Jan. 19, 2023, 5:42 a.m.
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The company’s annual revenue grew 58 percent over three years, during which time it hired more than 75,000 people. But rising interest rates and the prospect of a recession have tempered Microsoft’s o

via www.nytimes.com

Crypto lender Genesis preparing to file for bankruptcy - Bloomberg News

  • Jan. 18, 2023, 11:42 p.m.
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Jan 18 (Reuters) - Cryptocurrency lender Genesis Global Capital is planning to file for bankruptcy as soon as this week, Bloomberg News reported on Wednesday, citing people with knowledg

via www.reuters.com

Stores say shoplifting is a national crisis. The numbers don’t back it up

  • Jan. 18, 2023, 9:42 p.m.
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New York CNN — The masked thief rode into a Walgreens in San Francico on a bicycle, pedaled to an aisle in the health and wellness section, and loaded a black garbage bag with items off the shelf. Th

via www.cnn.com

3 events that will determine the fate of cryptocurrencies

  • Jan. 18, 2023, 8:42 p.m.
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3 events that will determine the fate of cryptocurrencies Enlarge this image toggle caption Ed Jones/AFP via Getty Images Ed Jones/AFP via Getty Images It was touted as the future of finance. Today,

via www.npr.org

Most big Japanese firms heed prime minister's call to raise wages this year

  • Jan. 18, 2023, 8:42 p.m.
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Summary Summary Companies 53% committed to wage increases this year 81% of firms are pessimistic over next three months More than half of firms back increase in defence budget 29% support increase

via www.reuters.com

SpaceX employees say they are relieved Elon Musk is focused on Twitter because there is a calmer work environment at the rocket company

  • Jan. 18, 2023, 1:42 p.m.
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Elon Musk's focus on Twitter has made SpaceX a calmer place to work, some staff told Bloomberg. Musk's engagement in daily operations at SpaceX could create more work for staff, per the report. His

via www.businessinsider.com

Inside Elon Musk’s “extremely hardcore” Twitter

  • Jan. 18, 2023, 11:42 a.m.
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This article is a collaboration between New York Magazine and The Verge. It was reported by Zoe Schiffer and Casey Newton, who write Platformer , and Alex Heath, who writes Command Line . In April 20

via www.theverge.com

Airlines remain bullish on travel demand despite mounting economic worries

  • Jan. 18, 2023, 9:42 a.m.
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CHICAGO, Jan 18 (Reuters) - U.S. airlines posting strong financial results remain upbeat about travel demand, even as economists and analysts say the risk of an economic recession has go

via www.reuters.com

Investing in Startups During a Recession: 10 Companies Founded During Downturns

  • Jan. 18, 2023, 8:42 a.m.
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Why is it that some of the most successful companies in the world were founded during recessions? There’s a lot of speculation around this phenomenon, and it’s likely due to a variety of factors. But

via altoalternativeinvestments.com

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  • Jan. 18, 2023, 6:42 a.m.
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What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital include

via www.ft.com

Tesla video promoting self-driving was staged, engineer testifies

  • Jan. 18, 2023, 6:42 a.m.
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CNN — A 2016 video that Tesla (TSLA) (TSLA) used to promote its self-driving technology was staged to show capabilities like stopping at a red light and accelerating at a green light that the system

via www.cnn.com
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