Hiring, Wage Gains Eased in December, Pointing to a Cooling Labor Market in 2023
Employers added 223,000 jobs in December, the smallest gain in two years Source link
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WSJ News Exclusive | Amazon Layoffs to Hit Over 17,000 Workers, the Most in Recent Tech Wave
WSJ News ExclusiveTechCuts focused on the company’s corporate staff exceed earlier projection Source link
Google and Meta’s Advertising Dominance Fades as TikTok, Streamers Emerge
For the first time in nearly a decade, the two largest players in online advertising are no longer raking in...
Elon Musk’s Twitter Says It Plans to Expand Political Ads Allowed on Platform
TechPolitical advertising was largely banned in 2019 under then-CEO Jack Dorsey Source link
Get Ready for the Richcession
If the economy enters a recession in 2023, or even if it manages to narrowly evade one, it might be...
Hits Like ‘Top Gun: Maverick’ Buoyed 2022 Movie Box Office, to a Point
The combined superpowers of the Batman, Doctor Strange, the Minions, Maverick and Na’vi warriors couldn’t save Hollywood from a lackluster...
Elon Musk Polls Twitter Users, Asking Whether He Should Step Down
Mr. Musk, who has led the social-media company for a little over seven weeks, pledged to abide by the results...
Pandemic Loans Are Coming Due but Some Businesses Aren’t Ready to Repay
Borrowers grapple with a slower-than-expected rebound and new economic challenges. Source link
Layoffs Hit White-Collar Workers as Amazon, Walmart, Others Cut Jobs
BusinessRecent wave of job cuts marks departure from previous downturns when blue-collar workers were shed first Source link
Elon Musk’s Twitter Takeover Triggers Partisan Clash on Government’s Role
Democrats say company staff cutbacks are threatening user security, while Republicans maintain that the dispute is over free speech. Source...
Tencent Slashes Meituan Stake Worth $20 Billion, Posts Revenue Drop
BusinessEarningsChinese social-media giant plans to distribute food-delivery company’s shares as special dividend to Tencent shareholders Source link
Twitter’s Advertising Exodus Accelerates, Despite Outreach From Elon Musk
Ad giant Omnicom joins other agencies in recommending brands pause spending, and some companies halt discussions for annual contracts. Source...
How Many People Are Watching ‘Thursday Night Football’? That Is Up for Debate
Analyzing ratings for Amazon Prime Video’s ‘Thursday Night Football’ has become as complicated as some National Football League rules. Source...
Facebook Parent Meta Announces Layoffs of 11,000 Staff
TechLayoffs are the first broad head-count reduction to occur in the company’s history Source link
Elon Musk Says Twitter Has Had Massive Revenue Drop
Elon Musk tweeted that Twitter has had a massive drop in revenue due to activist groups pressuring advertisers, as the...
WSJ News Exclusive | General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
WSJ News ExclusiveMedia & MarketingAdvertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s...
Elon Musk Takes Twitter Helm as Social Media Sputters
With his six-month takeover saga behind him, Elon Musk now takes on the work of righting Twitter Inc.’s ship in...
Tech Boom Ends as Companies From Amazon to Meta Adjust to Turbulent Times
A week of earnings by big technology companies has been a rout for investors, as recession fears and the strong...
Facebook Parent Meta’s Earnings Fall Short as Revenue Decline Accelerates
Facebook parent Meta Platforms Inc. META -5.59% posted its second revenue decline in a row, as the social-media giant wrestles...
Companies Take Different Strategies to Navigate High Inflation
The first batch of earnings reports from companies for the September quarter show that corporate profit margins are feeling the...
