Tag Archives: Amid

Boeing reports $6 billion quarterly loss amid a crippling strike

October 23, 2024 Boeing reports $6 billion quarterly loss amid a crippling strike CEO Kelly Ortberg said Boeing needs ‘a fundamental culture change in the company.’ BY Associated Press Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to … Continue reading Boeing reports $6 billion quarterly loss amid a crippling strike

Nicolás Maduro bans X in Venezuela for 10 days amid Elon Musk dispute

  Nicolás Maduro bans X in Venezuela for 10 days amid Elon Musk dispute The country’s president claimed Musk was inciting hatred following disputed election results. kris holt   Fri, Aug 9, 2024   ASSOCIATED PRESS Venezuela’s president Nicolás Maduro has blocked X in the country for 10 days after claiming that the platform’s owner … Continue reading Nicolás Maduro bans X in Venezuela for 10 days amid Elon Musk dispute

AI fuels investment surge in Q2 amid slowdown in new products

Explore CabinetM’s Q2 2024 martech report: Record $10.8 billion investment, AI funding boost and slowing product innovation. Allyson Delaney on July 15, 2024     CabinetM’s Q2 2024 Martech Innovation Report reveals a surge in martech investments to $ 10.8 billion, despite a 31% year-over-year decrease in new product announcements. New products. We are once … Continue reading AI fuels investment surge in Q2 amid slowdown in new products

Hims & Hers shares plunge 12% amid allegations of GLP-1 drug sourcing from ‘shady supplier’

June 28, 2024 Hims & Hers shares plunge 12% amid allegations of GLP-1 drug sourcing from ‘shady supplier’ A new report criticized Hims GLP-1 offerings, specifically where the company is getting them from. BY Sam Becker Roughly a month after announcing that it would offer GLP-1 injectable weight-loss drugs comparable to the popular drugs Ozempic and … Continue reading Hims & Hers shares plunge 12% amid allegations of GLP-1 drug sourcing from ‘shady supplier’

Top TikTok exec out on leave amid accusations of bullying and harassment (exclusive)

May 08, 2024 Top TikTok exec out on leave amid accusations of bullying and harassment (exclusive) TikTok Germany’s general manager, Tobias Henning, has been subject to at least three complaints since 2021. BY Chris Stokel-Walker Update: This story has been updated to include comments from Tobias Henning. TikTok’s general manager in Germany, Tobias Henning, has gone … Continue reading Top TikTok exec out on leave amid accusations of bullying and harassment (exclusive)

Walmart shutters 51 doctor clinics after just a few years amid struggle to make healthcare profitable

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

GM halts sales of its new Chevy Blazer EV amid reports of major software issues

GM halts sales of its new Chevy Blazer EV amid reports of major software issues Drivers have encountered problems with the infotainment system and during charging. Cheyenne MacDonald     Updated Sun, Dec 24, 2023   GM has issued a stop-sale order for the Chevy Blazer EV just weeks after its release following reports of … Continue reading GM halts sales of its new Chevy Blazer EV amid reports of major software issues

India passes controversial telecoms bill amid privacy concerns

India passes controversial telecoms bill amid privacy concerns Rachael Davis / Last Updated: Dec 21, 2023 India’s parliament has passed a controversial bill to modernize its telecommunications and connectivity ahead of the country’s general election in spring 2024. The new bill, voted through on Thursday, December 21, would replace original legislation dating back as early … Continue reading India passes controversial telecoms bill amid privacy concerns

Amazon eyes investment in Diamond Sports Group amid streaming expansion

Amazon eyes investment in Diamond Sports Group amid streaming expansion Maxwell William / Last Updated: Dec 18, 2023    Amazon is reportedly in advanced talks to invest in Diamond Sports Group, a leading regional sports programmer, marking a significant stride in the tech giant’s foray into sports content. This strategic move, according to Wall Street … Continue reading Amazon eyes investment in Diamond Sports Group amid streaming expansion