In this article AMZN A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Amazon plans to hold a second shopping event for Prime members this year, in the fourth quarter, according to a notice viewed by CNBC. It
Technology
In this article PATH PATH UiPath IPO at the New York Stock Exchange. Source: NYSE UiPath will reduce roughly 5% of its total workforce as part of a restructuring plan, according to a new SEC filing. The company, a provider of software for automating office tasks, said that it had 4,200 employees as of April
In this article WFH INTU The pandemic changed how we work. And while some companies are reverting to a pre-pandemic workweek, 81% of executives said they are adopting a more flexible workplace, according to LinkedIn’s 2022 Global Talent Trends report. But getting employees back in the office hasn’t been easy and companies are having to
A ‘We’re Hiring!’ sign is displayed at a Starbucks Mario Tama | Getty Images News | Getty Images Last week, senior product manager for Coinbase David Hong wrote on LinkedIn that he was up at 4am to prepare for a meeting when his company MacBook abruptly shut down. He later found out he was part
In this article GOOGL Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google sent a companywide email Friday about the historic Supreme Court ruling overturning Roe v. Wade,
In this article TWLO YELP Susan Wojcicki, CEO of YouTube addresses delegates of the World Economic Forum (WEF) in Davos, Switzerland May 24, 2022. Arnd Wiegmann | Reuters Salesforce CEO Marc Benioff, Microsoft co-founder Bill Gates, and departing Meta COO Sheryl Sandberg were among noteworthy tech executives speaking out publicly on Friday’s Supreme Court ruling which
In this article AAPL An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple employees can use their company benefits to travel out-of-state to receive medical care, the company confirmed on Friday. The benefit has been available to employees
SENSITIVE MATERIAL. THIS IMAGE MAY OFFEND OR DISTURB Abortion rights protesters participate in nationwide demonstrations following the leaked Supreme Court opinion suggesting the possibility of overturning the Roe v. Wade abortion rights decision, in New York City, U.S., May 14, 2022. Caitlin Ochs | Reuters The Supreme Court’s decision on Friday to roll back the
In this article INTC Patrick Gelsinger, Intel CEO, at the WEF in Davos, Switzerland on May 23rd. 2022. Adam Galica | CNBC A large chip factory currently in the early stages of being built outside of Columbus, Ohio, could see its scope scaled back or construction delayed depending on what Congress does with the CHIPS
In this article TSLA “The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Tesla’s newest car factories in Texas and Berlin are losing “billions of dollars right now” as
In this article META Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each
Cryptocurrencies have been under immense pressure after the collapse of a so-called stablecoin called terraUSD. Umit Turhan Coskun | Nurphoto via Getty Images A controversial stablecoin launched just before the collapse of a similar token called terraUSD is struggling to maintain its peg to the U.S. dollar. USDD, a so-called “algorithmic” stablecoin that’s meant to
In this article MMAT Meta The company formerly known as Facebook is going to spend $10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much progress the social media company has made towards that goal
In this article TSLA Tesla CEO Elon Musk. Patrick Pleul | AFP | Getty Images Elon Musk has sought to clarify how many Tesla workers will lose their jobs, following the launch of a lawsuit by former employees who claim the automaker breached U.S. labor laws. Speaking at an event hosted by Bloomberg Tuesday, Musk
In this article CELH Celsius CEO Alex Mashinsky. Piaras Ó Mídheach | Sportsfile for Web Summit | Getty Images Embattled cryptocurrency lending firm Celsius has asked users to give it more time to stabilize liquidity and operations after the market downturn caused the firm to freeze withdrawals for its customers. The cryptocurrency market has seen
In this article SOL.CM= The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images Decentralized finance platforms are going to extreme lengths to limit the fallout from a sell-off in cryptocurrencies. Solend, a lending platform built on the Solana blockchain, tried to gain control of its largest account, a so-called “whale”
An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters Employees at an Apple store in Towson, Maryland voted Saturday to join a union, a significant achievement for organized labor
Signage is displayed on the exterior of a Capital One Financial Corp. cafe branch in Walnut Creek, California, U.S., on Tuesday, July 18, 2017. Bloomberg | Getty Images A former Amazon Web Services employee was convicted of hacking into Capital One and stealing the data of more than 100 million people nearly three years ago in
Inga Kjer | Photothek | Getty Images For decades Microsoft has been associated with a traditional definition of office work, long hours in front of a computer, but now the corporate enterprise giant finds Gen Z entrepreneurs disrupting ideas about workplace hustle and the traditional 9-5 day. Many recent Gen Z college graduates are flipping the
The DALL-E Mini software from a group of open-source developers isn’t perfect, but sometimes it does effectively come up with pictures that match people’s text descriptions. Screenshot In scrolling through your social media feeds of late, there’s a good chance you’ve noticed illustrations accompanied by captions. They’re popular now. The pictures you’re seeing are likely
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