Dropbox slashes 20% of global workforce, eliminating more than 500 roles

Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, according to CEO Drew Houston.

Business - CNBC - 10 hours ago

Dropbox slashes 20% of global workforce, eliminating more than 500 roles

Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period” as its file sync ...

Dropbox to cut 20% of workforce as it moves to boost growth

Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...

Business - MarketWatch - 11 hours ago

Beyond Inc. to Cut Workforce by About 20%

Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...

Business - The Wall Street Journal - October 22

Israeli airstrike kills more than 20 in northern Lebanon as UN peacekeeping row grows

Hezbollah fires rockets at Tel Aviv in wake of Israeli attack on Christian town, as UN security council voiced strong concern over IDF attacks on peacekeepers. More than 20 people have been killed ...

World - The Guardian - October 14

Amazon goes nuclear, to invest more than $500 million to develop small modular reactors

Amazon is the latest large tech company to buy into nuclear power to fuel the growing demands from data centers.

Business - CNBC - October 16

Amazon goes nuclear, plans to invest more than $500 million to develop small modular reactors

Amazon Web Services is investing over $500 million in nuclear power, announcing three projects from Virginia to Washington State.

Manchester United cuts continue as Sir Alex Ferguson ambassador role slashed

Ex-manager reported to receive more than £2m a year Sir Jim Ratcliffe’s Ineos has cut 250 staff from payroll The latest victim of the Ineos-led economy drive at Manchester United is none other ...

World - The Guardian - October 15

Peru’s ex-president Toledo gets more than 20 years in prison in case linked to corruption scandal

Peru’s former President Alejandro Toledo has been sentenced to 20 years and six months in prison in a case involving Brazilian construction giant Odebrecht, which became synonymous with corruption ...

World - ABC News - October 22

Peru's ex-president gets more than 20 years in prison in corruption case linked to Brazil construction giant Odebrecht

World - ABC News - October 21

Top 20 Global Concert Tours from Pollstar

AP Global Top 20 Pollstar Week of Oct. 21

Entertainment - ABC News - October 18

Why these 17 stocks in the S&P 500 are now more compelling

BlackRock CEO Larry Fink says companies’ earnings are “catching up” to high P/E ratios for their stocks. Here are 10 companies to keep an eye on.

Business - MarketWatch - Yesterday

U.S. companies reassert their dominance of Fortune Global 500 ranks vs. rival China

A dramatic turnaround since 2022 represents both China’s struggles and robust performance from U.S. companies.

Business - MarketWatch - October 15

Global Electricity Demand Is Rising Faster Than Expected, I.E.A. Says

A surge in power use worldwide could make it harder for nations to slash emissions and keep global warming in check.

Top stories - The New York Times - October 16

‘It’s boom time’: Renewable growth is faster in the global south than in rich countries

Energy consultancy RMI says emerging economies could overtake rich nations

World - Financial Times - October 16

China’s Steel Demand Has Shrunk to Less Than Half Global Total

World - Yahoo News - October 21

Apple’s iPhone 16 is selling 20% faster in China than its predecessor, report says

Chinese consumers had previously shown relatively little interest in the iPhone 15, which was criticized for a lack of new features

Business - MarketWatch - October 18

NFL pushes to build global audience with more games outside US

World’s richest sporting contest chases higher media and commercial revenues

Business - Financial Times - October 18

Global rise of populism causing more authoritarianism in Africa – report

‘Moral threshold coming down,’ warns Mo Ibrahim, as his index of governance reveals widespread decline in 10 years. The global rise of populism and “strongmen” has led to an increase in ...

World - The Guardian - October 22

Will the Polls in 2024 Be More Accurate Than in 2016 and 2020?

Can you trust the polls this year? Kaleigh Rogers, a polling reporter at The New York Times, describes how pollsters have tried to fix past mistakes.

Top stories - The New York Times - October 17

This Watch Line Says It’s More a ‘Gathering’ Than a Brand

‘We’re just friends having fun, doing something that we would like for ourselves,’ one Kollokium founder said.

Lifestyle - The New York Times - October 18

'Sorry' water boss has plan to end sewage spillages

Water UK chief apologises for the industry's performance as the sector faces a "root and branch" review.

More than 60 die in Spanish floods

Worst European flooding since 2021 raises questions about how residents were alerted to forecasts of intense rain

World - Financial Times - 11 hours ago

Fantasy Basketball Waiver Wire Week 2: Dyson Daniels' new role could yield improved Fantasy numbers, more

Players you need to scoop up for Week 2

Sports - CBS Sports - 5 days ago

Target unveils Thanksgiving dinner offer priced at $20 for four people — $5 less than a year ago

Target joined the list of retailers offering a cheaper Thanksgiving meal than last year with an offering that includes turkey, stuffing and five side dishes costing $5 less than in it did 2023.

Business - MarketWatch - 2 days ago

Trump calls Democrats more dangerous than U.S. foreign adversaries

Donald Trump called Democrats who have opposed him "the enemy from within," describing them as more dangerous than major foreign adversaries of the United States, including Russia and China.

Israel says 4 soldiers killed by Hezbollah drone attack while Israeli strike in Gaza leaves 20 dead

Israel’s military says four soldiers were killed in a Hezbollah drone attack on an army base Sunday evening

World - ABC News - October 14

More than 60 hurt in Hezbollah drone attack in Israel

More than 60 people have been injured according to Israeli rescue services, due to a Hezbollah drone attack in northern Israel. NBC News' Matt Bradley reports on how the U.S. is stepping in to aid ...

Drone attack kills four Israeli soldiers and injures 58

Hezbollah claimed responsibility for the attack, saying it was in response to Israeli strikes in Lebanon.

Biden announces more than $600 million for Milton recovery

President Biden gave remarks in a St. Pete Beach neighborhood damaged by the storm.

Jane Street interns make more than Keir Starmer and Jay Powell

More Money Than God 2.0

Business - Financial Times - October 15

Today’s Axis of Evil is bigger and more dangerous than ever

All these lethal interactions and collaborative efforts are operationalizing the mutual diplomatic and ideological declarations of a joint anti-U.S., anti-Western strategy.

Politics - The Hill - October 15

Pound falls as UK inflation declines more than expected to 1.7%

First reading below Bank of England’s target in 3 years opens door to more rate cuts this year

Business - Financial Times - October 16

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