Amgen to Cut 450 Jobs in Second Round of Layoffs This Year
Amgen Inc (AMGN.O) said on Thursday it would cut 450 jobs, or less than 2% of its workforce, making it the company's second round of layoffs this year amid intensifying
Google’s Answer to Microsoft Copilot is Finally Here
Google has expanded its AI offerings with the introduction of Google Duet, a plug-in designed to cater to corporate teams seeking optimized functionalities in their workspace. Available for a subscription
Roblox to Ban Messaging for Under-13s in New Child Safety Measures
Roblox, the popular online gaming platform, has announced significant updates to improve child safety, including a ban on under-13s sending direct messages without parental approval. The new policy, set to
Former Ben & Jerry’s Chair Accuses Owner of Threatening Smear Campaign
The former chair of Ben & Jerry’s independent board, Anuradha Mittal, has alleged that the company which owns the ice cream brand attempted to pressure her into stepping down by
Boeing Closes 2024 with Dismal Results Amid Ongoing Challenges
Boeing ended 2024 with a notable surge in orders for December, but the year overall marked one of the company’s most difficult periods in recent memory, as production struggles and
Apple’s New iPad Pro Ad Sparks Controversy and Criticism
Apple's latest advertisement for its iPad Pro has stirred controversy and sparked backlash among viewers who feel it misses the mark. Shared by Apple CEO Tim Cook on social media,
Armani Beauty Appoints Richard Pinabel as Global Brand President Following Véronique Gautier’s Departure
Armani Beauty, the renowned luxury beauty brand, has named Richard Pinabel as its new Global Brand President. With an extensive 25 years of experience in the beauty industry, Pinabel takes
Wendy’s Plans to Close Hundreds of U.S. Restaurants in Restructuring Move
Wendy’s is preparing to shut down a significant number of its U.S. restaurants as the fast-food chain works to reverse declining performance. Interim CEO Ken Cook told investors on Friday
US Billionaire Financier Thomas Lee Found Dead at 78
A US billionaire financier who helped pioneer the debt-fuelled corporate acquisition known as a leveraged buyout has been found dead, his family says. In a statement, Thomas H Lee's family
Drake’s Nike Air Force 1 “Love You Forever” in “Citron Tint” Unveiled
The highly anticipated Drake x Nike Air Force 1 "Love You Forever" in "Citron Tint" has officially been revealed through detailed retailer images. The new shots confirm earlier leaks, showcasing
Bed Bath & Beyond Just Filed For Bankruptcy, 8 Months After an Activist Investor and College Student Made a Combined $180 Million on the Meme Stock
Ryan Cohen and Jake Freeman have been cemented as rare winners from the Bed Bath & Beyond saga. The meme-stock champion and college student cashed out roughly $180 million in
More Than 8,000 Job Cuts Planned by Another Top German Manufacturer
German industrial powerhouse Bosch has revealed plans to slash approximately 8,250 jobs globally over the coming years, marking yet another setback for Germany’s struggling economy. The job cuts will primarily
Del Monte Foods Files for Bankruptcy After 138 Years, Seeks New Ownership
Del Monte Foods, a household name in canned fruits and vegetables for over a century, has filed for Chapter 11 bankruptcy as it looks for a buyer to take over
Yelp Sues Google, Accuses Tech Giant of Search Engine Monopoly
Yelp has filed an antitrust lawsuit against Google, accusing the search engine giant of abusing its market dominance to stifle competition in local search and advertising. The lawsuit, filed on
e.l.f. Beauty CEO Charts Gen Z–Focused Expansion with Billion-Dollar Bet
Affordable cosmetics brand e.l.f. Beauty has spent years figuring out what many retailers still struggle to master: how to consistently capture the attention - and loyalty - of Gen Z
OpenAI CEO’s New Cryptocurrency Worldcoin Launched
Worldcoin (WLD), a revolutionary cryptocurrency project founded by Sam Altman, CEO of OpenAI, officially launched on Tuesday, introducing a unique concept that aims to transform the digital identification process. At
Morgan Stanley CEO James Gorman to Step Down Within Next 12 Months
Morgan Stanley CEO James Gorman announced at the bank's annual shareholder meeting that he will step down from his position within the next 12 months. While the specific timing of
Rolling Stone Owner Sues Google Over AI Summaries, Citing Decline in Web Traffic
Penske Media, the parent company of Rolling Stone, Billboard, and Variety, has filed a landmark lawsuit against Google, accusing the tech giant of using its journalism without permission through AI-generated
Meta Redirects Part of Metaverse Budget Toward AI-Powered Smart Glasses
Meta is scaling back a portion of its metaverse spending to increase investment in artificial intelligence glasses and wearables, the company has confirmed. The move comes as the tech giant
Spirit Airlines Secures Court Approval for $795 Million Debt Restructuring
Spirit Airlines has received court approval to move forward with a $795 million debt restructuring plan, allowing the budget carrier to convert debt into equity and transition into a privately
