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Disney Eliminates Its Metaverse Division as Part of Layoffs Plan
Business

Disney Eliminates Its Metaverse Division as Part of Layoffs Plan

The unit, once seen as developing a new form of storytelling, had about 50 employees. Source link

Uber Eats to Take Down Thousands of Virtual Brands to Declutter the App
Business

Uber Eats to Take Down Thousands of Virtual Brands to Declutter the App

WSJ News Exclusive Tech Company plans to stop allowing restaurants to list multiple brands with the same menu Source link

Hertz Finance Chief Kenny Cheung to Step Down
Business

Hertz Finance Chief Kenny Cheung to Step Down

Car-rental company taps accounting officer to stand in while the board searches for a permanent replacement. Source link

South Korea’s LG Energy to Build $5.6 Billion Battery Plant in Arizona
Business

South Korea’s LG Energy to Build $5.6 Billion Battery Plant in Arizona

Tech Company is the latest foreign battery maker to commit to projects tapping into the energy transition Source link