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Bob Iger · BurbankDisney is set to lay off 7,000 workers, CEO Bob Iger said on the company's earnings call on Wednesday.
Disney to lay off 7,000 workers, CEO Bob Iger says
45% Center coverage: 172 sources
Joe Biden · Mountain ViewThe U.S. Justice Department on Tuesday filed its second antitrust lawsuit against Google in just over two years. It’s the latest sign that the U.S. government is not backing down from cases against tech firms even in light of a mixed record in court on antitrust suits.
DOJ files second antitrust lawsuit against Google
53% Center coverage: 216 sources
Business · RedmondMicrosoft said Wednesday that it’s letting go of 10,000 employees through March 31 as the software maker braces for slower revenue growth. The company is also taking a $1.2 billion charge.
Microsoft is laying off 10,000 employees
49% Center coverage: 249 sources
Business · San FranciscoMicrosoft Corp is in talks to invest $10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter.
Microsoft in talks to invest $10 bln in ChatGPT owner
37% Center coverage: 40 sources
St. Louis, United States · St. LouisThis year has been a very bad one for China. But things can always get worse, as this newsletter predicted last year. China is finally grappling with a second COVID-19 crisis, and the picture looks dire. Here are my best predictions for what's likely to go wrong, and just possibly right, in 2023.
5 Predictions for China in 2023
61% Center coverage: 13 sources
Why Nio Stock Is Crashing Ahead of 2023
100% Left coverage: 1 sources
BusinessThe yet-to-be-named digital wallet would be managed by Early Warning Services. It's set to release in the second half of the year with Visa and Mastercard already on board. By 2019, 64% of the globe was using at least one fintech app, according to Ernst and Young.
Top banks join push to form Apple Pay, PayPal competitor
Coverage: 2 sources
Joint Statement by Sorrento Therapeutics, Inc. and Scilex Holding Company on Today's Isolated Chapter 11 Filing By Sorrento Therapeutics, Inc. - Sorrento Therapeutics (NASDAQ:SRNE), Scilex Holding (NASDAQ:SCLX)
Coverage: 2 sources
