Meta Platforms, the owner of Facebook, Instagram, and WhatsApp, cut 13% of its staff. The 13% reduction in the staff at Meta Platforms was not a surprise as tech giants have forecasted lower revenue growth Read more…
The crypto industry is reeling from the emergency acquisition of the empire of the sector evangelist Sam Bankman-Fried. The days and weeks ahead are going to be long, very long, for cryptocurrencies and their related Read more…
The WTI oil extends weakness on Wednesday, following nearly 6% fall on Tuesday, hitting one week low. The sentiment soured on renewed concerns about global demand, following a rebound in Covid cases and new lockdowns Read more…
Markets At least for now, the US midterm elections didn’t provide an unequivocal driver for US/global markets. With several states still undecided, Republicans apparently are in pole position to take control of the House of Read more…
The streaming service has dabbled in games before, but this move is classic. Netflix (NFLX) – Get Free Report has been slowly and quietly working to establish itself as a content streaming and mobile game designer. Read more…
The Eufy SmartTrack Link might just be the best option if you’re looking for a cheaper alternative to the Apple AirTag that supports the FindMy service. When Apple (AAPL) – Get Free Report entered the item Read more…
Sin City faces new scrutiny as Atlantic City gets closer to changing a key casino rule that some will love and others are furious about. Few people go to Las Vegas to have a nice, Read more…
Lower ad spending impacts social network companies such as TikTok, owned by Chinese giant ByteDance. TikTok is slashing its revenue target by 20%, signaling that companies are facing a massive slowdown and are cutting their Read more…
As Biden’s White House takes aim at onerous consumer fees, it’s the “junk” fees that hurt the most. Last week, the White House declared war on so-called consumer “junk fees” – think aggressive bank overdraft Read more…
The CEO of Meta Platforms offers a mea culpa after long months of stubbornly pursuing a strategy rejected by investors. It took some time but Mark Zuckerberg seems, for the first time, to want to Read more…