1+ week, 3+ day ago   (686+ words) Uber is cutting about 10% of its workforce as the ride-hailing and delivery company moves to simplify its organisational structure, reduce management layers and redirect resources towards growth and new technology, CEO Dara Khosrowshahi said in a companywide email. Khosrowshahi said…...

1+ week, 3+ day ago   (435+ words) Uber Technologies said on Wednesday it will cut about 3,300 jobs, roughly 10% of its workforce, as part of a restructuring to remove management layers and reduce costs. The cuts will reduce the number of managers in the company by 20%, with some…...

1+ week, 4+ day ago   (565+ words) iPhone maker Apple Inc. is paying its former Chief Executive Officer (CEO), Tim Cook, a $47 million compensation package as he transitions to the newly created role of executive chairman. The latest arrangement puts Cook’s pay close to that of new…...

3+ week, 10+ hour ago   (511+ words) Paramount and California state officials are set to meet on Monday, August 24, to discuss a potential settlement path of the state's antitrust lawsuit aimed at blocking Paramount's acquisition of Warner Bros. Discovery, the New York Times reported on Saturday. California…...

3+ week, 2+ day ago   (516+ words) Meta is pushing back against allegations that its social media platforms Instagram and Facebook are deliberately designed to keep children hooked and contribute to the youth mental health crisis. The company is facing a series of lawsuits, including a case…...

1+ mon, 19+ hour ago   (143+ words) The sale reinforces Los Angeles Lakers’ status as a premier global sports property and highlights the intense competition among wealthy investors for control of storied franchises. The Los Angeles Lakers are set to change hands in a landmark transaction that…...

1+ mon, 21+ hour ago   (399+ words) Google co-founder Sergey Brin has now spent over $100 million to fight the wealth tax in California. As per a filing, Brin donated another $20 million to Building a Better California, bringing his total contributions to the group to $102 million. Building a…...

1+ mon, 1+ week ago   (417+ words) Qdoba Restaurant Corp. pulled jalapeños from its more than 800 locations and said it’s cooperating with US authorities investigating a salmonella outbreak that has sickened hundreds of people across the country. “Out of an abundance of caution, we have proactively removed…...

1+ mon, 1+ week ago   (299+ words) Chipotle Mexican Grill revealed on Tuesday (local time) that it is pulling jalapenos which are linked to an outbreak of salmonella in Minnesota from some of its restaurants and replacing the same with products from another supplier. Chipotle issued a…...

1+ mon, 1+ week ago   (370+ words) Memory shortages are now affecting the supply of Apple's most popular laptop, the MacBook Air. As per a report by Bloomberg's Mark Gurman, the Cupertino-based tech giant is struggling to keep the MacBook Air in stock at retail stores, with…...