Alongside now being able to schedule Instagram posts for up to 90 days, the web version of the app has seen a redesign, with a goal of working better on bigger displays. Previously, a menu would be found at the top of your web browser, but it would usually be in the way of the…
Monthly Archives: November 2022
Kanye West (right) with Adidas CMO Eric Liedtke in 2016. Jonathan Leibson/Getty Images Adidas had forecast net income of 500 million euros five days before cutting ties with Kanye West. After ending the deal with the rapper the figure has been cut to just 250 million euros. Slowing demand and supply chain problems in China…
Warren Buffett (left) and Elon Musk (right). Alex Wong/Getty, REUTERS/Rebecca Cook Elon Musk’s Tesla has dropped below Warren Buffett’s Berkshire Hathaway in market value. Tesla stock has been hit by a wider tech sell-off and concerns over Musk’s Twitter takeover. Berkshire has benefited from the rush to haven assets, and profited from higher interest rates….
Donald Trump mingles with supporters during an election night event at Mar-a-Lago on November 8, 2022 in Palm Beach, Florida. Joe Raedle/Getty Images Donald Trump was planning on taking credit for a GOP “red wave” at a Mar-a-Lago party. But several of his endorsees fell short and the party fell flat, reports say. Some Republicans…
Elon Musk’s net worth fell back below $200 billion Tuesday, according to Forbes’ Real-Time Billionaires list Lucy Nicholson/Reuters Elon Musk’s wealth is now less than $200 billion, according to Forbes’ Real-Time Billionaires list. The world’s richest man has lost just under $4 billion as Tesla’s share price plunged this year. The Tesla CEO’s net worth…
Hello! It’s Dan DeFrancesco checking in from NYC. Today we’ve got stories on what you can expect to get paid as a young attorney, billionaire Ken Griffin’s reasoning behind his move to Florida, and why your lunch spot might look different. But first, some chaos in the crypto markets. If this was forwarded to you, sign…
Meta CEO, Mark Zuckerberg. Drew Angerer/Getty Images Mark Zuckerberg apologized to Meta employees in a memo announcing over 11,000 layoffs Wednesday. “I got this wrong, and I take responsibility for that,” he said in the memo. Meta’s founder said he had incorrectly assumed a pandemic revenue surge would be “permanent.” Mark Zuckerberg apologized to employees…
Former President Donald Trump (R) and his then-acting chief of staff Mick Mulvaney (L) at the White House on December 5, 2019. Mark Wilson/Getty Images Florida Gov. Ron DeSantis defeated Democrat Charlie Crist on Tuesday. Former Trump White House chief of staff Mick Mulvaney told CBS News that “DeSantis wins tonight.” He also said Trump…
Meta Platforms boss Mark Zuckerberg. Andreas Gebert via Reuters Meta shares rose 4% Wednesday after the company said it will lay off over 11,000 workers. The Facebook parent laid out a narrower range of costs for next year in a regulatory filing. CEO Mark Zuckerberg acknowledged he had made missteps in big investments by Meta. Meta…
Less than two months after it admitted a million vehicles had faulty window sensors, Tesla is issuing another large-scale recall. This time, the company is flagging more than 40,000 cars after a software defect cut power steering when driving over potholes. A software fix is rolling out, and Tesla said over 97 percent of affected…