Yesterday CNN CEO Chris Licht announced hundreds of employee layoffs are coming.
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Investor tells Alphabet to cut staff and costs, Protocol to shut down, Apple is hit with a data privacy complaint.
Mastercard and JPMorgan streamline ACH, Amazon Prime & Walmart+ go head-to-head, FTC has concerns about TikTok and Twitter.
For Q3 2022, Gannett reported 1.98M digital-only paid subscribers, growing to more than 2M in October.
Just weeks after announcing a hiring freeze, Amazon will lay off 10,000 corporate and technology workers.
Meta posts revenue decline; PlayStation Plus loses 1.9M subscribers since relaunch; TIME launches interactive cover.
Amazon had a 15% increase in net sales for Q3 2022 but income, earnings and stock were all down slightly.
Apple reported its Q4 FY22 financials. Revenue and net income are up but services revenue is down as a percent of total.
Google parent Alphabet released the company’s Q3 financials, reporting total revenue of $69.1 billion.
For the first quarter of fiscal year 2023, Microsoft reports revenue of $50.1B but a decline in net income.
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