The recent layoffs at Meta have precipitated an unprecedented morale crisis, with insiders claiming that the company has lost its vision and its CEO, Mark Zuckerberg, having lost the trust…
Tag: business
Google CEO Sundar Pichai’s $226 Million Paycheck Sparks Controversy
In 2022, Google and Alphabet CEO Sundar Pichai earned a total of $226 million. According to Alphabet’s filing, the majority of his income came from stock holdings valued at over…
Biden’s $2 Trillion Arms Race Fuels Global Tension Over Chips and Green Subsidies
Europe and South Korea are both concerned about the “Made in America” initiatives and rivalry of President Joe Biden with China, which is having an impact internationally. The US government…
Adidas Faces Lawsuit Over Kanye West Deal: Investors Claim Brand Failed to Act on His “Problematic Behavior”
Investors are suing Adidas over its partnership with the rapper Kanye West, claiming the company was aware of his problematic conduct prior to the end of their collaboration. According to…
Recession Looms: Stock Markets Face Painful Downturn
According to Chris Watling, CEO of the financial advisory firm Longview Economics, a recession is on the horizon, and investors may be in for a rough ride on the stock…
Qatar invests heavily to overcome the economic downturn after the World Cup.
After the World Cup in December 2022, thousands of foreign workers left Qatar, leaving behind empty luxury hotels and struggling businesses. The high room rates during the tournament could no…
Apple Reality: The iPad Replacement? Rumored Apps and Features Inside
Apple is rumoured to be releasing a new headset, dubbed Apple Reality, that could supplant the iPad. The apparatus is reportedly designed for multitasking and will feature an assortment of…
Elon Musk has frequently increased the reach of untrue assertions and supported accounts that spread misleading information on Twitter.
Elon Musk, the billionaire entrepreneur, pledged to make Twitter the most accurate source of information about the world when he took over the social media platform in October 2022. However,…
Larry Summers dismisses speculation of dollar losing global dominance
Former Treasury Secretary Larry Summers dismissed concerns about the dollar losing its dominance in the global economy, citing China’s limitations in offering an alternative reserve currency. China’s recent capital outflows…
Walmart Automation Strategy: Robots and Claws Set to Boost Profits
To increase profits, Walmart is increasing the use of automation throughout its supply chain. At a Florida investor event, Walmart displayed an automated distribution centre that employs gigantic robotic claws…