Latest in Alibaba cuts 'dozens of employees' at metaverse unit as hype in sector cools down
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GM lays off 1,000 employees amid reorganization, cost-cutting
The layoffs, which were announced Friday morning via email to those impacted, were across the business.Business - CNBC - November 15 -
GM lays off 1,000 employees amid reorganization and cost-cutting
General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the ...Top stories - NBC News - November 15 -
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As Criticism of College Referees Heats Up, People in Power Need to Cool Down
Mark Harlan, the athletic director for Utah, crossed a line at a recent press conference, a columnist for The Athletic writes.Sports - The New York Times - November 14 -
While legalizing marijuana is in limbo, FDA clears a PTSD study that could boost cannabis stocks over time
The move marks a rare action by the FDA to sanction a study on cannabis despite the plant’s current Schedule I classification under federal law as a drug with no therapeutic use, in the same ...Business - MarketWatch - Yesterday -
Guardiola: Manchester City will not be ‘dragged down’ like United after I leave
Manager yet to speak to club’s new sporting director Kevin De Bruyne still out with muscle injury Pep Guardiola is confident that, should he depart next summer, Manchester City will not falter ...World - The Guardian - October 25 -
Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts
Following comments on Google's earnings call about continuing cuts, employees wanted answers at the company's latest all-hands meeting.Business - CNBC - November 1 -
Dozens of retailers jacked up interest rates on store cards ahead of Fed cuts
Dozens of retailers, including Macy's, Gap and TJ Maxx, increased APRs on their store credit cards before the Federal Reserve cut rates, padding their profits.Business - CNBC - 2 days ago -
Rory McIlroy to dramatically cut down schedule after deploying swing tweaks
Rory McIlroy intends to take an axe to his 2025 schedule and the bad news for the PGA Tour is that the world No 3 may skip not only one of the $20 million ‘Signature Events’ but also the opening ...Sports - Yahoo Sports - November 7 -
Up is down in the Premier League as Man City struggle and Man United look good
Manchester City resemble a team in crisis and things are coming together for Manchester United. Surprise! That and more in ESPN's Weekend Review.Sports - ESPN - November 11 -
Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period
The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.Business - CNBC - November 4 -
Cop29 live: ministers told to ‘cut theatrics’, ‘move faster’ and ‘get down to business’ amid growing frustration at slow progress
Cop29 president calls for faster action as progress to agree a climate finance deal slows. Climate crisis to blame for dozens of ‘impossible’ heatwaves How usual is it to have G20 happening at ...World - The Guardian - 5 days ago -
American Airlines expanding technology, cracking down on line cutting ahead of holiday travel
American Airlines is bolstering its technology to ensure that passengers board only when their assigned group is called as airports prepare for holiday travel, the airline announced in a release ...Politics - The Hill - 2 days ago -
How Gamefam’s Founder Taps His ‘Inner Child’ to Bring Brands to the Metaverse
Gamefam has carved out a unique niche in the gaming space: Creating high-quality experiences, like Sonic Speed Simulator, on Roblox.Business - Inc. - October 25 -
Snow Crash author Neal Stephenson on the ‘metaverse stock price’ | The DeanBeat
Neal Stephenson wants to see the open metaverse become reality. He coined the word "metaverse" in his novel Snow Crash that debuted in 1992.Tech - VentureBeat - November 8 -
Animoca Brands raises $10M for open metaverse platform Mocaverse
Animoca Brands has raised an additional $10 millino for Mocaverse, a platform for building an open metaverse.Tech - VentureBeat - November 12 -
Mike Tyson and Netflix Are Sluggish During a Hyped Fight
Tyson looked slow and unsteady in a dull loss to Jake Paul. For many, Netflix’s latest live programming was hindered by buffering.Top stories - The New York Times - November 16 -
Generative AI: Separating Hype From Reality
The technology may transform business. But it clearly isn’t there yet.Business - The Wall Street Journal - Yesterday -
Trump chooses Susie Wiles as White House chief of staff
President-elect chooses his 2024 campaign manager in first appointment to major role in administrationWorld - Financial Times - November 7 -
How Orbán seized the Trump moment to speak for Europe
Also in this newsletter: Italy’s second attempt to ship migrants to AlbaniaWorld - Financial Times - November 8 -
The Fed talks about not talking about Trump
Jay Powell sets some limitsWorld - Financial Times - November 8 -
Over 60 held as violence breaks out against Israeli football fans in Amsterdam
Clashes take place after Europa League match between Ajax and Maccabi Tel AvivWorld - Financial Times - November 8 -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - November 8 -
China's Alibaba releases AI search tool for small businesses in Europe and the Americas
Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.Business - CNBC - November 12 -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - November 15 -
Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.Business - CNBC - November 15 -
Alibaba Revenue Misses Views Amid Weaker Chinese Economy, Competition
Adjusted earnings before interest, taxes, depreciation and amortization declined about 4% to 47.33 billion yuan in its fiscal second quarter.Business - The Wall Street Journal - November 15 -
Walmart’s Founder on Motivating Employees
What you can learn from the founder of the largest retailer in the world.Business - Inc. - 6 days ago -
There’s a ‘generational opportunity’ for investors in this sector, says JPMorgan
Look to real estate as stocks’ high valuations means they may not offer great returns in coming yearsBusiness - MarketWatch - October 28 -
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How Hostility to Immigrants Will Hurt America’s Tech Sector
Don’t assume that highly educated foreigners will be spared by the new administration.Top stories - The New York Times - 2 days ago -
Epic Games CEO Tim Sweeney’s path to the open metaverse is via enlightened self-interest
To get to the open metaverse, Epic Games CEO Tim Sweeney wants platforms to embrace enlightened self-interest.Tech - VentureBeat - October 28 -
This World Series isn't living up to the hype. It's entirely the Yankees' fault
The struggles of Aaron Judge and Co. continued in a sorry excuse for a Fall Classic performance. Turns out only one team has bothered to show up.Sports - Yahoo Sports - October 29 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.Business - CNBC - October 31 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains.Top stories - NBC News - October 31 -
NCAA basketball 2024-25 predictions: will Cooper Flagg live up to the hype?
The college basketball season tips off on Monday across the United States. Will the UConn men do a rare three-peat? Can anyone replace Caitlin Clark? Our writers weigh inSports - Yahoo Sports - November 4
