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Cramer’s week ahead: Earnings from Alphabet, Meta, Apple, Microsoft and Amazon
CNBC's Jim Cramer on Friday urged investors to keep a level head during next week's busy slate of corporate earnings and influential economic reports.Business - CNBC - October 25 -
Apple, Meta and Amazon must show the stock market that AI spending is paying off
Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.Business - MarketWatch - October 30 -
US regulator rejects bid to boost nuclear power to Amazon data center
The Federal Energy Regulatory Commission (FERC) rejected an effort Friday to allow an Amazon data center to tap into additional power from a nearby Pennsylvania nuclear plant. The decision could ...Politics - The Hill - 5 days ago -
Social Media Layoffs Hit Meta
The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.Business - Inc. - October 17 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Uber explored takeover bid for Expedia
Buying travel website would be ride-hailing group’s biggest deal as it looks to diversifyBusiness - Financial Times - October 16 -
Frasers Won't Make Bid for Mulberry
The U.K. online fashion retailer has ended a near monthlong battle to take control of the British luxury brand.Business - The Wall Street Journal - October 23 -
Meta fires staff for abusing $25 meal credits
Workers used benefits to buy acne pads, wine glasses and laundry detergentBusiness - Financial Times - October 17 -
Meta under fire for ‘polluting’ open-source
Open Source Initiative chief criticises tech group for using the term to describe its Llama modelsBusiness - Financial Times - October 17 -
Meta unveils features to combat teen ‘sextortion’
Meta is ramping up its efforts to fight sextortion on Instagram with the launch of new features that are designed to help prevent young users from getting blackmailed into sharing nude photos.Top stories - NBC News - October 17 -
Meta fires staff for buying toothpaste, not lunch
Meta workers reportedly used vouchers that should have been spent on meals to buy household goods.Top stories - BBC News - October 18 -
Meta Battles Social Media Addiction Lawsuit in Massachusetts
Meta, which owns and operates Facebook and Instagram, is facing accusations that it used tactics to get users hooked on its platforms.Business - Inc. - October 19 -
Albania's left-wing former President Meta is arrested on corruption allegations
Albanian prosecutors have arrested former President Ilir Meta on suspicion that the left-wing Freedom Party leader engaged in alleged corruption, money laundering and hiding of personal income and ...World - ABC News - October 21 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
House Republican presses Meta on censoring political content
Texas Rep. August Pfluger (R) expressed concern in a letter to Meta on Tuesday over the platform's decision to automatically opt users out of political content, arguing the platform's users should ...Politics - The Hill - October 24 -
Meta Reports Record Revenue, Slower Ad Growth
The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.Tech - The Wall Street Journal - October 31 -
Meta and Microsoft Won’t Stop Spending on AI
Both tech giants reported strong third quarters but their stocks fell anyway.Business - Inc. - October 31 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
Owners approve Brady's bid to buy into Raiders
Tom Brady's purchase of a minority stake in the Raiders was approved by NFL team owners Tuesday.Sports - ESPN - October 15 -
Advent International prepares takeover bid for Tate & Lyle
An offer for ingredients group would mark private equity’s latest attempt to acquire a London-listed companyBusiness - Financial Times - October 16 -
Allred backs oil in bid to take down Cruz
Welcome to The Hill's Sustainability newsletter {beacon} Sustainability Sustainability The Big Story Allred backs oil in bid to take down Cruz In Texas’ tight and acrimonious Senate race, there ...Politics - The Hill - October 16 -
Uber Mulls Expedia Takeover Bid: FT
Uber is considering an Expedia takeover bid, the FT reported. CEO Dara Khosrowshahi was once Expedia's CEO. Uber stock fell overnight. Expedia jumped.Sports - Yahoo Sports - October 16 -
FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
Lucy Letby loses bid to appeal against conviction
The former nurse's bid to challenge her conviction for the attempted murder of a baby is dismissed.Top stories - BBC News - October 24 -
Buzz Aldrin endorses Trump reelection bid
Buzz Aldrin, the second man to ever walk on the Moon, endorsed former President’s Trump reelection bid on Wednesday. Aldrin said in his official endorsement that the U.S. is facing “difficult ...Politics - The Hill - October 30 -
Burberry Lifted by Report of Potential Moncler Bid
Shares in Burberry jumped on a report that Moncler could be considering a bid for the U.K. fashion group, which is currently pursuing a turnaround.Business - The Wall Street Journal - 5 days ago -
Utah Gov. Spencer Cox wins reelection bid
Gov. Spencer Cox (R) has won Utah's gubernatorial race over state Rep. Brian King (D), according to a projection from The Hill/Decision Desk HQ. The incumbent's general election victory follows ...Politics - The Hill - 3 days ago -
A Door Is Unlocked, and 43 Monkeys Make a Bid for Freedom
Dozens of rhesus macaques escaped a research facility in South Carolina. They’re still on the lam.Health - The New York Times - Yesterday -
Tim Scott officially launches bid to run NRSC
Sen. Tim Scott (R-S.C.) officially rolled out his bid to run the National Republican Senatorial Committee (NRSC) on Friday, a move that would put him at the helm of the party’s midterm efforts to ...Politics - The Hill - Yesterday -
Meta Will Face State Lawsuits Alleging Teen Social Media Addiction
Despite efforts to have two cases dismissed, the parent company of Instagram and Facebook will have a legal reckoning over allegations its platforms harm younger users.Business - Inc. - October 16 -
Meta fires staff for ‘using free meal vouchers to buy household goods’
Facebook and Instagram owner reportedly dismisses about 24 workers for abusing $25 meal credit system. Meta, the owner of Facebook and Instagram, has reportedly fired about 24 staff at its Los ...World - The Guardian - October 17 -
Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'
Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”Tech - ABC News - October 17 -
Massachusetts judge rules Meta must face state's social media lawsuit
A Massachusetts Superior Court judge has ruled Meta must face a state lawsuit, alleging the company knowingly designed and deployed features harmful to young online users. Suffolk County Superior ...Politics - The Hill - October 18 -
Facebook and Instagram to delete ads that use celebrities without their consent
Celebrities including Elon Musk and Martin Lewis repeatedly feature in ads for products they have not endorsed.Top stories - BBC News - October 22