Rivian Posts Mixed Quarterly Results, Issues New Recall
The move comes as the company’s cash burn accelerates and it continues to lose money as it tries to scale...
Amazon.com
Amazon Raises Price Minimum for Free Online Grocery Delivery
BusinessPrime members will have to spend over $150 for free delivery on Amazon Fresh orders, up from $35 Source link
Amazon Launches $5-a-Month Prescription Drug Plan in Further Healthcare Push
The new Prime membership benefit, dubbed RxPass, will offer unlimited access to commonly prescribed generic medications. Source link
Netflix Co-Founder Reed Hastings Transitions to Chairman Role, With Greg Peters Elevated as Co-CEO
Netflix elevated longtime executive and heir apparent Greg Peters to the co-CEO role. Source link
U.S. Retail Sales Fell 1.1% in December
EconomyU.S. EconomySales see biggest monthly decline of 2022 as consumers cut back at height of holiday season Source link
Microsoft Plans to Announce Layoffs as Early as Wednesday Morning
The software giant would join other tech companies that since the start of the new year have trimmed their ranks....
Amazon Appeal to Union Victory in New York Rejected
BusinessCompany says union used inappropriate methods to sway voters Source link
Tech Industry Reversal Intensifies With New Rounds of Layoffs
TechCompanies that grew rapidly during pandemic are now reducing spending and staffing, sometimes repeatedly Source link
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...
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...
American Bargain Hunters Flock to a New Online Platform Forged in China
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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
Amazon to Cut 10,000 Employees From Corporate Ranks
Amazon said it is laying off employees across its corporate ranks, in a rare round of cuts for a tech...
Meta, Lyft, Salesforce and Other Tech Firms Dump Office Space as They Downsize
Real EstateRetreat is a blow to office market and to many cities, which have relied on sector’s real estate appetite...
Amazon Set to Lay Off Thousands of Corporate Workers
The layoffs are targeted for corporate employees and could primarily affect Amazon’s devices business, as well as human resources and...
Walmart Is Flexing Its Muscle Again
America’s biggest retailer has a new message for its suppliers: We’re not going to pay higher prices anymore.Walmart Inc. Chief...
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...
Streaming Services Raise Prices Again. Here’s How to Avoid Overpaying.
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Why the Future of the Computer Is Everywhere, All the Time
Imagine this scenario in the not-too-distant future. You’re awakened at 6:11 a.m. by the gentle sounds of tinkling bells and...
