Category: Business News
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Disney Will Layoff 7,000 Employees to Save $5 Billion in Costs. "I Do Not Make This Decision Lightly," CEO Bob Iger Says.
The announcement, part of a massive corporate restructuring effort at the company, caused shares to surge.
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1 in 3 Surveyed Remote Workers Said They Have Started A Work Romance
Looks like Zoom is no barrier to love.
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Tech Giants Amazon, Apple, and Google Are Pledging to Help with Disaster Relief in Turkey After Earthquake
Plus, the CEO of yogurt company Chobani said he was donating $1 million to Turkish Philanthropy Funds.
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Police: 82-Year-Old Woman Found Alive at New York Funeral Home After Being Pronounced Dead
The woman was found breathing almost three hours after she was pronounced dead.
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The AI Wars Have Begun: Microsoft Announces ChatGPT Bing Integration After Google Introduces AI Competitor, Bard
ChatGPT proved to be an accelerant for large companies releasing their own versions of AI-powered search bots.
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An 87-Year-Old Holocaust Survivor Lost $2.8 Million to an Online Romance Scam
These scams often involve unsolicited contact from social media and eventual demands for money, per the FTC.
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iPhones Have Shot Up In Price. But CEO Tim Cook Thinks Customers Will Still Open Their Wallets — Here's Why
The head of the multi-trillion dollar company faced a question about iPhone prices at Apple’s earnings call on Friday.
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Elon Musk Says He 'Saved' Twitter From Bankruptcy
The billionaire says the last few months were a “pain” he would not “wish on anyone.”
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Gen Z Shoppers Are Breathing New Life Ugg Boots, Other Once Dormant Brands, According to a New Report
The sheepskin boots were reportedly sold out in stores this past holiday season.
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San Francisco Orders Twitter to Stop Using Conference Rooms as Bedrooms or Get a New Permit
Armchairs, bedside tables, and mattresses have all been spotted at Twitter HQ.