Meta Platforms Inc (NASDAQ:FB) has announced the departure of Peter Thiel from the company’s board. A controversial figure, given its support for Donald Trump and the Gawker Media lawsuit, Thiel’s…
Author archives: Cristian Bustos
Fitness Giant Peloton To Cut 2,800 Jobs And Replace Current CEO
Peloton Interactive Inc (NASDAQ:PTON) is set to cut 2,800 jobs —about 20% of its workforce— and appoint ex-Netflix Inc (NASDAQ:NFLX) Barry McCarthy as CEO as of Tuesday. The move is…
Meta Threatens To Close Facebook And Instagram In Europe Over Data Scramble
In a document filed with the U.S. Securities and Exchange Commission (SEC), Meta Platforms Inc (NASDAQ:FB) has warned it could be forced to close Facebook and Instagram in Europe if…
Spirit And Frontier Announce $6.6 Billion Merger
Spirit Airlines Incorporated (NYSE:SAVE) and Frontier Group Holdings Inc (NASDAQ:ULCC) have announced a $6.6 billion merger to create one of the largest low-cost airlines in the U.S. The new airline…
Amazon Adds $200 Billion In Market Value After Stellar Q4 Results
Amazon Inc (NASDAQ:AMZN) is giving back to the market what Meta Platforms Inc (NASDAQ:FB) took from it yesterday – or at least a part. The e-commerce giant’s 14% rise in…
January Jobs Surge By 467,000 To Beat Expert Estimates
January Jobs reached 467,000 to beat the 150,000 Wall Street expectations despite a surge in Omicron cases. The Bureau of Labor Statistics also reported Friday that the unemployment rate grew…
Is Data The Lever To Pull Us Out Of A Post-Pandemic Healthcare Slump?
Even before the pandemic struck, technology offered vast potential to transform healthcare through initiatives such as digitizing patient records, streamlining communication between providers, and empowering people to monitor their own…
Omicron Could Reverse America’s Economic Recovery, New Jobs Count To Drop
Omicron has thrown a spanner in the economic recovery of the U.S. as the January jobs report to be disclosed on Friday could depict the first effects of the highly…
Meta Earnings Fall Short Of Expectations And Stock Dives 23%
Earnings per share of Meta Platforms Inc (NASDAQ:FB) fell short of analysts’ estimates as the internet giant reported $3.67 vs. $3.84. The company’s guidance for the first quarter of 2022…
Advertising Industry Needs Proof Of View Technology, Says Verasity CEO
The advertising industry has a problem. According to The Guardian, at least 25 percent of people viewing online video views are bots operated by fraudsters. The bots cost advertisers billions…