Business & Economy: 1 of 10
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+13
The Marketing Buzzwords That Developers Hate
Developers know that vendors must tout their products, but they are less understanding when the marketing language is an immediate turnoff.
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+4
Billionaire Adani’s Empire Loses $51 Billion in 48 Hours
Asia’s richest man is rocked by a U.S. short-seller’s allegations of fraud and money laundering. Suspicion is creating chaos in the empire built by the Indian billionaire Gautam Adani, who since last year has become the richest man in Asia.
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+23
11 of the Sleaziest Snake Oil Ads From Truth Social
Former President Donald Trump is reportedly planning to abandon Truth Social, the destitute social media platform he created after Twitter and Facebook kicked him off their sites. But in recent months, both Twitter and Facebook have welcomed him back. That’s bad news for Truth Social which, like all social media platforms, makes its money on holding users’ attention long enough to show them ads.
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+12
The Disney empire was built on 100 years of near implosions
The Walt Disney Company’s massive modern empire is a far cry from the small animation studio Walt Disney and his brother Roy founded in 1923. One hundred years ago, the two brothers took a train from their hometown of Kansas City, Missouri, to Los Angeles, where they worked out of their uncle’s garage before purchasing a tiny studio space on Kingswell Avenue.
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+4
McDonald's is testing a new strawless lid
Just like the McRib, straws might be a thing of the past at McDonald’s. The chain has begun testing strawless lids in some US cities as part of a multi-year effort to make its packaging more environmentally friendly.
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+28
What is Google doing with its open source teams?
Nothing good – the recent layoffs hit its best and brightest leaders hard
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+18
Intel shares erase almost all their 2023 gains after poor earnings and a chip glut
The cooling of the semiconductor market is happening faster—and proving colder—than companies might have expected, as chip firms across the board face a tougher market owing to a combination of excess inventory at retailers and a cooling market for consumer electronics.
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+23
Tesla surges above $500 billion market cap as its post-earnings rally helps pare last year's brutal rout
Tesla pushed above a market valuation of $500 billion on Thursday after the EV maker's record quarterly profit fueled a rally that chipped further away at last year's stock plunge. The stock jumped as much as to 11.7% to reach $161.42 a share, propelling the company's market capitalization to $510 billion.
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+4
10 Examples of the Differences Between Thrifty, Frugal, Stingy, and Cheap
Is there a difference? Sure we can all come up with a fancy definition. But when it comes to giving tangible examples, most people break down.
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+23
Apple beefs up smartphone services in “silent war” against Google
Apple is taking steps to separate its mobile operating system from features offered by Google parent Alphabet, making advances around maps, search, and advertising that have created a collision course between the Big Tech companies.
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11.
+18
Amazon's Trickle-Down Monopoly
In this report, Moira Weigel tells the story of a group of hidden intermediaries who have played key roles in making Amazon one of the most powerful corporations in the world, while remaining mostly invisible to customers: third-party (3P) sellers.
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+18
Drug maker paid for “news” story on CBS’s 60 Minutes, doctors’ group alleges
A 13-minute segment on a recent episode of CBS's 60 Minutes appeared to be a news story on Novo Nordisk's weight-loss drug Wegovy but was actually a sponsored promotion, violating federal regulations, according to the nonprofit public health advocacy organization Physicians Committee. The group filed a complaint with the Food and Drug Administration last week, arguing that the segment, which aired on January 1, violates the FDA's "fair balance" requirement. This law requires that drug advertisements give a fair balance to a drug's risks and benefits.
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+31
Apple's iconic '1984' Super Bowl ad aired on this day 39 years ago
Almost 40 years ago, Apple Computer aired its now-iconic commercial introducing the Macintosh during Super Bowl XVIII. Although “1984” became a cultural phenomenon and a watershed moment for product launches, Apple’s Board of Directors was against it from the start.
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+21
‘Robots are treated better’: Amazon warehouse workers stage first-ever strike in the UK
Hundreds of Amazon workers are on strike in Britain. The walkout marks the first formal industrial action in the country for the U.S. tech giant. The 24-hour strike action began Wednesday a minute after midnight. Strikers are expected to picket outside the company’s site in Coventry in central England throughout the day.
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+22
‘Lachlan gets fired the day Rupert dies’: Murdoch biography stokes succession rumors
New book by Australian reporter Paddy Manning hints at Succession-style feud with ramifications for US rightwing politics
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16.
+31
Here's How Apple Has Avoided Layoffs and May Fare Better Than Peers
The combination of rising interest rates and ongoing inflation have led to cooling customer demand and shrinking advertising budgets lead Amazon, Microsoft, and now Google to dramatically hired like mad during the early pandemic years, but are now looking to rein in their spending.
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+18
DirecTV Drops Newsmax As Conservative Lawmakers’ Protest
The pay TV provider had been at odds with the news outlet over carriage terms.
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+25
There’s Bipartisan Agreement on One Thing: Ticketmaster Sucks
In the most polarized Congress probably ever, there are still plenty of Taylor Swift fans, and the Senate will hold a hearing on the monopoly ticket-peddler Tuesday.
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19.
+14
Bill Gates just invested in a startup that's trying to stop cows from burping and farting so much
What do a billionaire philanthropist, a climate tech firm, and fewer cow burps have in common? Just ask Bill Gates, whose investment firm Breakthrough Energy Ventures, or BEV, led a $12 million seed funding round into an Australian climate tech firm working to reduce methane emissions — like those from cows.
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20.
+16
DOJ files second antitrust suit against Google, seeks to break up its ad business
The lawsuit targets Google's advertising business and comes after reports that DOJ antitrust chief Jonathan Kanter had been cleared to work on Google.