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Elon Musk Blames ‘Activists’ for Twitter Losing Money as He Guts Its Staff

  • Nov. 5, 2022, 5:42 p.m.
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Here’s how things stand at : Elon Musk has owned the website for a week and a day. Huge swaths of Twitter’s workforce — approximately 3,700 (or half of the company as indicated by leaked plans) – ar

via www.rollingstone.com

Men are struggling. A new book explores why and what to do about it

  • Nov. 5, 2022, 2:42 p.m.
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Men are struggling. A new book explores why and what to do about it Enlarge this image toggle caption Jung Getty/Getty Images Jung Getty/Getty Images Friday's jobs numbers from the Labor Department

via www.npr.org

Elon Musk Loses It Over Twitter Advertiser Exodus, Threatens ‘Thermonuclear Name & Shame’

  • Nov. 5, 2022, 11:42 a.m.
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Elon Musk is apparently freaking out a little over an exodus of advertisers on Twitter since he took over, because he publicly threatened them on Friday night. It started Friday morning, when he whin

via news.yahoo.com

How Much Does it Cost to Develop the Metaverse?

  • Nov. 5, 2022, 10:42 a.m.
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How Much Does it Cost to Develop the Metaverse? What is Metaverse? Metaverse is a new concept of a 3D Digital world consisting of virtual space that the user can probe by using an avatar of their cr

via appther.com

Knight-Swift Transportation sued over high record-keeping fees in 401(k) plan

  • Nov. 5, 2022, 6:42 a.m.
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Two participants in a 401(k) plan offered by Knight-Swift Transportation Holdings Inc. have sued the company, accusing it of ERISA violations because record-keeping fees were too high and investments

via www.pionline.com

There's a major shift underway in manufacturing for U.S. companies

  • Nov. 5, 2022, 6:42 a.m.
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In this article SAP Follow your favorite stocks CREATE FREE ACCOUNT In an aerial view, shipping containers sit on the dock at the Port of Oakland on May 20, 2022 in Oakland, California. Justin Sulliv

via www.cnbc.com

Nike suspends relationship with Kyrie Irving

  • Nov. 5, 2022, 6:42 a.m.
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Kyrie Irving suspended from Brooklyn Nets for at least five games Nike has parted ways with Kyrie Irving. The shoe giant announced Friday night that it will halt its relationship with the Brooklyn gu

via www.cbsnews.com

WhatsApp update adds new features for groups

  • Nov. 5, 2022, 5:42 a.m.
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WhatsApp groups can now be brought together under one umbrella with the launch of a new communities feature. Rolled out from Thursday, it's designed so that updates can be sent to everyone across all

via news.sky.com

The US jobs market is still going strong despite ongoing recession fears

  • Nov. 5, 2022, 4:42 a.m.
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BI Graphics The US added 261,000 payrolls in October, surpassing the median estimate of 200,000. The unemployment rate rose that month to 3.7%. October's report suggests the labor market remains ro

via www.businessinsider.com

Amazon freezes hiring at its corporate offices

  • Nov. 4, 2022, 11:44 p.m.
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Amazon is joining the ranks of tech companies freezing their recruitment plans. Engadget has obtained a memo from Senior VP Beth Galetti (since published) revealing that the company will "pause" hirin

via www.engadget.com

More than a million Twitter accounts have been deactivated or suspended in the week since Elon Musk's takeover, report says

  • Nov. 4, 2022, 9:42 p.m.
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Almost 900,000 users have deactivated their Twitter accounts since Elon Musk took over. That's according to analysis by Bot Sentinel, first reported by the MIT Technology Review. A further 497,000 a

via www.businessinsider.com

'14-hour days with no break and no bathroom': Amazon founder Jeff Bezos sued by his former housekeeper

  • Nov. 4, 2022, 2:42 p.m.
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A former housekeeper for Amazon founder Jeff Bezos alleges she and other employees were made to work in unsafe and unsanitary conditions - including having to climb out of a laundry room window to acc

via news.sky.com

Twitter sued by employees after mass layoffs begin

  • Nov. 4, 2022, 11:42 a.m.
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Elon Musk's Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. Twitter was sued by former employees who say they were not given

via www.cnbc.com

General Mills, Audi pause Twitter ads, will evaluate site

  • Nov. 4, 2022, 7:42 a.m.
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FILE - The logo for General Mills appears above a trading post on the floor of the New York Stock Exchange on Feb. 23, 2018, in New York. General Mills is the latest big advertiser to pause its ads on

via apnews.com

Musk orders Twitter to cut infrastructure costs by $1 billion - sources

  • Nov. 4, 2022, 7 a.m.
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Nov 3 (Reuters) - Elon Musk has directed Twitter Inc's teams to find up to $1 billion in annual infrastructure cost savings, according to two sources familiar with the matter and an inte

via www.reuters.com

Mass Layoffs to Hit Twitter on Friday, Employees Told in Email

  • Nov. 4, 2022, 12:42 a.m.
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Elon Musk is about to take a hatchet to ’s workforce. Employees at the platform were told in an email Thursday evening that the company will see mass layoffs on Friday as the billionaire looks to cut

via www.hollywoodreporter.com

Facebook parent company Meta is now the worst performer in the S&P 500 this year

  • Nov. 3, 2022, 9:44 p.m.
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A man poses in front of a sign of Meta, the new name for the company formerly known as Facebook, at its headquarters in Menlo Park, California, October 28, 2021. With Meta shares sinking to new lows,

via www.cnbc.com

General Mills latest to halt Twitter ads as Musk takeover sparks brand exodus

  • Nov. 3, 2022, 8:42 p.m.
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General Mills is the latest to join a growing group of companies halting advertising on Twitter after the social media platform was acquired by billionaire Elon Musk for $44bn. The company, known for

via www.theguardian.com

Powerball Jackpot Approaches World Record: What You Need To Know Ahead Of Saturday's Historic Drawing

  • Nov. 3, 2022, 7:42 p.m.
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If you forgot to buy a Powerball ticket before Wednesday night's drawing, you'll get another chance to test your luck this weekend as the jackpot swells toward record levels. What Happened: Wednesday

via www.benzinga.com

Mark Mateschitz, the uncertain heir to the $25 billion throne of Red Bull

  • Nov. 3, 2022, 6:42 p.m.
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When the legendary and charismatic Red Bull boss, Dietrich Didi Mateschitz, died of pancreatic cancer on October 23, the whole of Austria was shocked. Next, they asked who would be taking over the ene

via english.elpais.com

Starbucks plans to tap young, wealthy customers to weather recession

  • Nov. 3, 2022, 5:42 p.m.
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Nov 3 (Reuters) - Starbucks Corp (SBUX.O) topped Wall Street estimates for quarterly comparable sales and profits on Thursday, saying it will weather any coming recession by selling cust

via www.reuters.com

Marijuana Companies And New Jersey Governor Team Up To Urge Consumers To ‘Buy Legal’

  • Nov. 3, 2022, 3:42 p.m.
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New Jersey’s governor is teaming up with a coalition of major cannabis brands to launch a campaign meant to educate and encourage consumers about the risks of buying marijuana products outside of regu

via www.marijuanamoment.net

Meta investors reportedly 'got more disgusted' with Mark Zuckerberg's metaverse plans after he doubled down in the company's earnings

  • Nov. 3, 2022, 12:42 p.m.
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Meta shareholders are becoming frustrated with Mark Zuckerberg's plans, Financial Times reported. Investors expressed their anger in meetings with Meta executives over the past week, per FT. Meta's

via www.businessinsider.com

Ohio sues Dollar General for baiting shoppers with deceptive pricing

  • Nov. 3, 2022, 5:42 a.m.
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By Jonathan Stempel (Reuters) -Dollar General Corp, one of the largest U.S. discount retailers, was sued on Tuesday by Ohio, which accused the company of baiting shoppers with low prices on store she

via news.yahoo.com

Musk to Lay Off 50% of Twitter Staff (Report)

  • Nov. 2, 2022, 9:42 p.m.
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Elon Musk, one week into his $44 billion takeover of , is gearing up to massively slash the company’s workforce to cut costs, according to a new report. The mega-billionaire is planning to lay of 3,7

via variety.com

Tech firms becoming ‘too big to govern’, says Uber whistleblower

  • Nov. 2, 2022, 7:42 p.m.
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Governments are losing the battle to regulate big tech and company insiders should step forward to expose “bad apples” in the sector, according to the Uber whistleblower. Mark MacGann – the taxi firm

via www.theguardian.com

Maersk CEO says shipping slowdown is signaling a recession

  • Nov. 2, 2022, 4:42 p.m.
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London CNN Business — The spike in shipping rates since the onset of the pandemic has been a huge boon for Maersk. But the Danish shipping giant is warning its business will have to endure tougher ti

via www.cnn.com

Les Moonves, Paramount to Pay $9.75 Million to CBS Shareholders Over Sexual Misconduct Allegations Against Former Network Boss

  • Nov. 2, 2022, 2:42 p.m.
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Les Moonves and Paramount will pay $9.75 million to CBS shareholders over sexual misconduct allegations against the former CBS chief. The agreement is subject to approval from New York Attorney Gener

via www.mediaite.com

Dow closes 500 points lower, Nasdaq sheds 3% as Fed Chair Powell signals intent to continue hiking rates

  • Nov. 2, 2022, 1:42 p.m.
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Stocks tumbled Wednesday after Federal Reserve Chair Jerome Powell said inflation was still too high and indicated that the central bank has more rate hiking ahead. The Dow Jones Industrial Average s

via www.cnbc.com

These baristas are leading a nationwide campaign to unionize Starbucks. It came at a cost

  • Nov. 2, 2022, 1:42 p.m.
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New York CNN Business — They came from very different backgrounds and different parts of the country, each with different reasons for seeking a job at Starbucks. Few of these workers had given any th

via edition.cnn.com

CVS, Walgreens announce opioid settlements totaling $10B

  • Nov. 2, 2022, 7:42 a.m.
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A CVS Pharmacy is shown in Mount Lebanon, Pa., on Monday May 3, 2021. On Wednesday, Nov. 2, 2022, CVS Health said it has agreed to pay about $5 billion to state, local and Native American tribal gover

via apnews.com

CVS Health raises outlook as third quarter results beat estimates

  • Nov. 2, 2022, 5:42 a.m.
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CVS Health reported third quarter earnings Wednesday morning that beat Wall Street's expectations. Here's how the pharmacy giant performed compared to Wall analysts' estimates, according to Refinitiv

via www.cnbc.com

Saudi Aramco Reports $42 Billion in Profit as Cash Rolls In for Oil Giants

  • Nov. 2, 2022, 3:42 a.m.
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In an effort to bolster prices, Saudi Arabia and Russia, as leaders of the OPEC Plus cartel, recently announced a cut in oil production amounting to about 2 percent of global output. The move angered

via www.nytimes.com

Elon Musk announces $8 monthly Twitter subscription for blue tick and other features

  • Nov. 2, 2022, 1:42 a.m.
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Elon Musk announced on Tuesday that Twitter will launch an $8 (€8) monthly subscription, buying users blue tick certification and exposure to less advertising. The social network already offers a sub

via www.euronews.com

Why Amazon VP Steve Boom just made the entire music catalog free with Prime

  • Nov. 1, 2022, 10:42 p.m.
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Steve Boom is the VP of Amazon Music, and he has a great name for the music business. He’s on the show because Amazon just announced that it is upgrading the music service that Prime members get as pa

via www.theverge.com

Cannabis Banking Startups Want to Make It Easy to Buy Weed

  • Nov. 1, 2022, 4:44 p.m.
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Walking into the Planet 13 Entertainment Complex—the world’s largest cannabis dispensary—in Las Vegas, Nevada, is a luxury experience. Seventy-four registers line up as personal shoppers accompany cus

via www.wired.com
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