Latest in Meta expected to lay off 5 percent of workforce ahead of 'intense year'
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Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - 10h -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - 14h -
Meta to Cut 5% of Staff as Zuckerberg Says He Will 'Raise the Bar'
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.”The Wall Street Journal - 16h -
What’s Behind Meta’s Makeover Ahead of Trump’s Second Term?
Mark Zuckerberg is positioning his company for a second Trump term — and revealing the hollow identity at its core.The New York Times - 6d -
Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of ...MarketWatch - 18h -
A global bond sell-off is deepening as investors pare Fed rate-cut expectations
A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.CNBC - 19h -
There’s Still Time for Off-Season Moves, but Some M.L.B. Teams Are Steps Ahead
There are still a number of difference-making free agents on the board and likely some significant trades still to come.The New York Times - 2d -
Why Meta had to 'bend the knee to Trump' ahead of his inauguration
Meta's moderation policy to allow more "free expression" was viewed as the latest effort to appease President-elect Donald Trump, which could help AI efforts.CNBC - 3d -
Meta cuts DEI, marking another cultural shift ahead of Trump’s White House return
Facebook parent Meta is rolling back its diversity, equity and inclusion programs, according to a memo sent to employees, marking the tech giant’s latest cultural shift ahead of President-elect ...MarketWatch - 3d -
Red Wings hold off Blackhawks 5-3 for 6th straight victory
Alex DeBrincat and Lucas Raymond each had a goal and an assist and the Detroit Red Wings won their sixth straight game, beating the Chicago Blackhawks 5-3 on Friday nightABC News - 4d -
Virtua Fighter 5 REVO PC Preorders Are 30% Off
Virtua Fighter will be available on Steam for the first time ever thanks to the new Virtua Fighter 5 REVO edition launching January 27. Fans can snag a discounted preorder for the Steam version at ...GameSpot - 4d -
Meta to end programs aimed at diversifying workforce
Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse candidates, the latest dramatic change ahead of ...NBC News - 4d -
Global 2025 Growth Forecast at Modest 2.8 Percent
An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.Inc. - 4d -
Wall Street gets off to a bumpy start to 2025. How investors can prepare for more volatility ahead.
A sharp selloff in the world’s largest bond market sent shockwaves through the U.S. financial markets this week, leaving investors to ponder if that choppiness will persist throughout the new year.MarketWatch - 4d -
Why a 5% 10-year Treasury yield could be a buying opportunity
Investors may look back and “see points in time” when Treasury yields were approaching 5% and investors should have been buying, according to PGIM’s head of global bonds.MarketWatch - 5d -
5 things to watch ahead of DNC's first leadership race forum
The Democratic National Committee (DNC) is set to host four candidate forums this month as the party looks to replace outgoing Chair Jaime Harrison. Eight candidates are running to take the helm of ...The Hill - 5d -
What’s Behind Meta’s Makeover Ahead of Trump’s Second Term?
Mark Zuckerberg is positioning his company for a second Trump term — and revealing the hollow identity at its core.The New York Times - 6d -
Meta to End Fact-Checking Program in Shift Ahead of Trump Term
The social networking giant will stop using third-party fact-checkers on Facebook, Threads and Instagram and instead rely on users to add notes to posts. It is likely to please President-elect ...The New York Times - Jan. 8 -
Meta to End Fact-Checking Program in Shift Ahead of Trump Term
The social networking giant will stop using third-party fact checkers and instead rely on users to add notes to posts. President-elect Trump and his conservative allies said they were pleased.The New York Times - Jan. 8 -
Washington Post Lays Off 4% of Its Work Force
The layoffs will affect employees across The Post’s business operations, not its newsroom.The New York Times - Jan. 7 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7 -
Meta Ditches Fact-Checkers Ahead of Trump's Second Term
In an apparent overture to the incoming Trump administration, Meta announced sweeping changes to its content moderation, including no more fact-checkers and a move to Texas.Wired - Jan. 7 -
‘Virtual employees’ could join workforce as soon as this year, OpenAI boss says
Sam Altman says tools that carry out jobs autonomously, known as AI agents, could transform business output. Virtual employees could join workforces this year and transform how companies work, ...The Guardian - Jan. 6 -
Washington Post expected to lay off dozens of staffers in coming week – report
‘Cuts will be deep’, media reporter writes, after paper faced scrutiny for halting endorsement of Harris in October. Dozens of employees are expected to be laid off at the Washington Post in the ...The Guardian - Jan. 6 -
Here are the 5 things we're watching in the stock market in the week ahead
Nvidia's Jensen Huang will be at CES, and investors will get a fresh batch of labor market data.CNBC - Jan. 5 -
These ETF strategies were big winners last year. What to expect in 2025.
Investors piled more than $1.1 trillion into the U.S. ETF universe in 2024, with total assets reaching a record of at least $10 trillion.MarketWatch - Jan. 4 -
The Year Ahead
There’s an empty calendar spread out before us. What meaning will we give to it?The New York Times - Jan. 4 -
Meta is killing off its own AI-powered Instagram and Facebook profiles
Instagram profile of ‘proud Black queer momma’, created by Meta, said her development team included no Black people. Meta is deleting Facebook and Instagram profiles of AI characters the company ...The Guardian - Jan. 3 -
Nick Clegg leaves Meta ahead of Trump's return as US president
He will be replaced by Republican Joel Kaplan, a former White House deputy chief of staff under President Bush.BBC News - Jan. 3 -
Meta replaces policy chief Nick Clegg with former Republican staffer Joel Kaplan ahead of Trump inauguration
It's the latest sign of how tech companies are positioning themselves for a new administration in Washington.CNBC - Jan. 2 -
5 big lobbying battles ahead
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story K Street gears up for Trump 2.0 Lobbyists will have their hands full in 2025 with ...The Hill - Jan. 2 -
5 things we know and still don't know about COVID, 5 years after it appeared
Five years after the virus that causes COVID emerged in China it still holds some mysteriesABC News - Jan. 2 -
The tricky year ahead for Labour
The spending review, an industrial strategy and housing present big challenges for the governmentFinancial Times - Jan. 2 -
5 things we know and still don't know about COVID, 5 years after it appeared
Five years after the virus that causes COVID emerged in China it still holds some mysteriesABC News - Jan. 2 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - Jan. 2 -
5 New Year’s resolutions for higher education
Just over half of Americans believe higher education has a positive effect on the country, and majorities of both parties think higher education is unaffordable and headed in the wrong direction.The Hill - Jan. 2 -
Arizona State reportedly extends coach Kenny Dillingham 5 more years
Dillingham, who orchestrated one of the biggest turnarounds in recent college football history, will reportedly receive a pay increase and substantial bonus increases.Yahoo Sports - Jan. 1 -
With Russia gaining ground and U.S. support uncertain, Ukraine faces a precarious year ahead
This year is shaping up to be a nail-biter for Ukraine.NBC News - Jan. 1 -
The 73 Percent Solution
Whenever someone agrees wholeheartedly with something I write, I die a little inside.The New York Times - Jan. 1
