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Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending
Business

Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending

Google’s parent is focusing on turning companies that are developing ambitious technology into commercial successes. Source link

Amazon's Leader on Alexa, Other Devices Plans to Leave
Business

Amazon's Leader on Alexa, Other Devices Plans to Leave

David Limp is planning to retire in the coming months in the latest departure of a longstanding top executive since Andy Jassy took over as

News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles
Business

News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles

CEO says news publisher is in talks with AI companies to establish the value of its content. Source link

WeWork Taps Directors With Bankruptcy Chops After Board Resignations
Business

WeWork Taps Directors With Bankruptcy Chops After Board Resignations

WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three directors who resigned because of

Disney's ESPN Plots Its Streaming Future, Seeking Tie-Ups With Leagues and Rivals
Business

Disney's ESPN Plots Its Streaming Future, Seeking Tie-Ups With Leagues and Rivals

ESPN’s talks with potential strategic partners are touching on several roles the sports-TV giant could play in the streaming world, including as a major broadcaster

Meta's Ray-Ban Smart Glasses Fail to Catch On
Business

Meta's Ray-Ban Smart Glasses Fail to Catch On

The company plans the release of the second generation as less than 10% of the devices purchased are used monthly, an internal company document shows.

Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs
Business

Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs

Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs Source link

Bud Light Brewer Lays Off Hundreds of U.S. Workers
Business

Bud Light Brewer Lays Off Hundreds of U.S. Workers

Anheuser-Busch restructures its corporate offices amid controversy and sales slump. Source link

Netflix Reworks Microsoft Pact and Lowers Ad Prices
Business

Netflix Reworks Microsoft Pact and Lowers Ad Prices

The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. Source link

Automakers Plan Thousands of EV Chargers in $1 Billion U.S. Push
Business

Automakers Plan Thousands of EV Chargers in $1 Billion U.S. Push

GM, Honda and Stellantis are among the companies planning a joint investment to build thousands of electric-vehicle charging stations in the U.S. Source link