by Andre Beganski | Oct 25, 2022
While the geopolitical outlook of powerful nations has been influenced by oil as a key asset for decades, semiconductors are shaping up to play a similar role on the global stage for the foreseeable future. And in response to a chip industry that’s seen manufacturing...
by Vita Dadoo Lomeli | Oct 10, 2022
Netflix’s launch of a lower-cost, ad-supported tier could recapture as many as 10 million users and $1to $2 billion in incremental revenue by 2024, per an Evercore analysis. As inflation is rising and users are experiencing higher price sensitivity, a cheaper...
by Ana Teresa Solá | Oct 10, 2022
Meta Platforms Inc. will face an internal restructuring in order to cut expenses and focus on other major projects, like artificial intelligence for their family apps, and developing the metaverse. “Our plan is to steadily reduce headcount growth over the next year....
by David Westenhaver | Oct 9, 2022
By David Westenhaver Meta Platforms Inc. has instituted a hiring freeze after revealing plans to trim staff, as it battles mounting expenses and seeks to recover from a rare revenue dip. CEO Mark Zuckerberg announced the hiring freeze at a weekly Q&A with...
by Molly Boigon | Oct 9, 2022
Warren Buffett, one of the most successful investors in the world, purchased yet more shares of the oil and gas company Occidental Petroleum last month, raising questions from investors and analysts about his ultimate intention with Occidental. Buffett’s Berkshire...
by Brianna Monsanto | Oct 9, 2022
Kellogg has announced the completion of its North American cereal company’s management team, with five final appointments declared. The appointments are expected to be completed by the end of 2023. Gary Pilnick will serve as the new cereal company’s CEO. Pilnick has...