May 28, 2024 Adam Neumann ‘shut out’ of WeWork buyback, capping a fraught saga between founder and company Rebuffed, Neumann slammed the plan to go with an offer that was $200 million less than his own as “unrealistic and unlikely to succeed.” BY Clint Rainey With two days until WeWork is expected to emerge from bankruptcy, … Continue reading Adam Neumann ‘shut out’ of WeWork buyback after company accepts a bid from Masa and former Softbank pals
May 10, 2024 Target will only sell Pride Month collection in half of U.S. stores this summer after last year’s backlash The move is likely an attempt to avoid last summer’s chaos, when anti-LGBTQ+ protestors damaged merchandise and harassed employees. BY Sarah Bregel You won’t be able to find the Pride Month collection in many Target … Continue reading Target will only sell Pride Month collection in half of U.S. stores this summer after last year’s backlash
May 22, 2024 A retail analyst says Target is ‘falling behind’ Walmart, Amazon, and Costco after earnings, but hope is not lost The company’s stock growth has lagged this year when compared to some of its competitors in the retail space. BY Sam Becker Target reported Q1 2024 earnings on Wednesday, revealing to investors that comparable … Continue reading A retail analyst says Target is ‘falling behind’ Walmart, Amazon, and Costco after earnings, but hope is not lost
May 02, 2024 Carvana stock price is soaring after the ‘best financial results in company history’ The online used-car retailer, which was close to bankruptcy just a few years ago, enjoyed skyrocketing profit in the first quarter of 2024. BY Michael Grothaus Shares of Carvana Co. are going through the roof in premarket trading this morning … Continue reading Carvana stock price is soaring after the ‘best financial results in company history’
April 30, 2024 Walmart shutters 51 doctor clinics after just a few years amid struggle to make healthcare profitable The decision to close the health centers, which were primarily located in smaller towns where customers might lack access to quality care, represents an abrupt reversal for the supermarket chain. BY Emily Price Walmart announced plans Tuesday … Continue reading Walmart shutters 51 doctor clinics after just a few years amid struggle to make healthcare profitable
April 26, 2024 Tech earnings week turns around after Google, Microsoft, and Snap delight Wall Street After a weak start to earnings season from Netflix and Meta, tech companies saw their fortunes reverse to close out the week on a high note. BY Michael Grothaus Until late (May 15, 2024), major tech stocks were having a … Continue reading Tech earnings week turns around after Google, Microsoft, and Snap delight Wall Street
The discovery that Adobe’s Firefly wasn’t entirely trained on licensed images has enterprise marketers concerned about lawsuits. Constantine von Hoffman on April 22, 2024 Adobe’s Firefly was designed to give enterprise users generative AI image tools they could trust. “A lot of our very big enterprise customers are very concerned about using generative AI … Continue reading Legal risks loom for Firefly users after Adobe’s AI image tool training exposed
April 17, 2024 After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package The struggling EV carmaker is urging shareholders to vote again for the payout, which would be the largest ever awarded in corporate history, after a Delaware court nullified it in January. BY Clint Rainey With Tesla stocks trading … Continue reading After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package
A look at what’s better and what’s worse about Google Analytics 4 a year after it officially kicked Universal Analytics to the side of the road. Constantine von Hoffman on April 17, 2024 It’s been just over a year since Google Analytics 4 (GA4) replaced Universal Analytics (UA). In March of last year, Google automatically … Continue reading The state of GA4, one year after the big migration
Apple to axe 600 jobs after dropping plans for self-driving vehicles Graeme Hanna Tech Journalist Apple has axed more than 600 jobs after effectively abandoning its plans for self-driving cars. The cuts will mostly impact workers at the iPhone maker’s site in California where it was discreetly working on ambitions to build electronic … Continue reading Apple to axe 600 jobs after dropping plans for self-driving vehicles
