employment
PlayStation’s Sony To Cut 900 Jobs, As Layoffs Continue To Increase In Gaming Sector
Tech and video game giant Sony has announced a major round of layoffs.
AI
Reddit Agrees To $60M Deal That Allows Google To Train AI Models On Its Posts
Google has struck a deal with Reddit that will allow the massive search giant to use posts from the online discussion site to help train its artificial intelligence (AI) models and improve the Google Search service overall.
beer
Trump Defends Bud Light, But Says Ad With Dylan Mulvaney Was ‘Mistake Of Epic Proportions’
Former President Donald Trump has called on Americans to give the beer company a “second chance” after Bud Light’s fallout after collaborating with transgender TikTok star and actor Dylan Mulvaney to promote the brand.
employees
Snap Cutting 10% Of Global Workforce
The Social media company Snap has announced another round of layoffs amid financial struggles lately.
Cuts
Hasbro Cutting 1,100 Workers As Weak Toy Sales Continue Into Holiday Season
Toy maker company Hasbro is laying off around 1,100 employees after struggling to hit sales numbers heading into the holiday shopping season.
Adrian Gray
Market bets for 2024 thrown into chaos by US recession conundrum
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.
Congress
Former House Republican Sentenced To 22 Months In Prison For Insider Trading
Stephen Buyer, a former Republican legislator who served almost 20 years in Congress, was sentenced to 22 years in prison for insider trading on Tuesday.
cable
Disney+ Lowers Subscription Price To $1.99 With Ongoing Cable Dispute With Charter Cable
Disney announced on Wednesday that they have lowered their Disney+ subscription prices down to under $2 while its channels are blacked out in an ongoing contract dispute with cable provider Charter Communications.
Anheuser-Busch
Anheuser-Busch loses $5 billion in value since Dylan Mulvaney sponsorship
Anheuser-Busch, the owner of Bud Light, has lost a remarkable $5 billion (USD) in the few days following their collaboration with transgender actor and TikTok star Dylan Mulvaney.