business news
Match Group expands background checks to two more apps so users can screen dates
Match Group is expanding its partnership with Garbo, a non-profit background check platform that shows public records including arrests, convictions and sex offender registry information. Match Match Group is expanding a partnership with background check service Garbo to roll out the safety feature to two more of its dating apps as singles push for more […]
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OnePlus co-founder makes smartphone comeback with a quirky iPhone competitor
The Nothing Phone 1. Nothing The co-founder of Chinese smartphone brand OnePlus, Carl Pei, is back with a new handset — only this time it’s with a different company, literally called Nothing. Pei’s peculiarly named start-up officially pulled the wraps off its debut smartphone Tuesday, after months of dropping hints and teasers about the look […]
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WHO to convene second emergency meeting to decide if monkeypox is a global health threat as cases rise to 9,200
Health officer uses a thermal head to detect a monkeypox virus on arriving passengers at Soekarno-Hatta International Airport in Tangerang near Jakarta, Indonesia on May 15, 2019. Jepayona Delita | Future Publishing | Getty Images The World Health Organization said Tuesday that it will convene a second emergency meeting next week to decide if monkeypox […]
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Microsoft cuts small percentage of employees as new fiscal year begins
Satya Nadella, chief executive officer of Microsoft Corp., speaks during a panel session on day two of the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Microsoft said Tuesday it cut a small number of workers, days after the software maker began its 2023 fiscal year, […]
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Amazon issued 13,000 disciplinary notices at a single U.S. warehouse
(L-R) Gerald Bryson, co-founder of the Amazon Labor Union, Eric Smith, Amazon employee and member of the Amazon Labor Union, and Tristan Dutchin, Amazon employee and Amazon Labor Union organizer, join other employees, union members and supporters to celebrate in the evening of April 1, 2022, in Brooklyn, NY. Earlier that day, Amazon workers votes […]
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Computer chips face toilet paper hoarding moment as shortage turns to glut
Micron Technology’s hard drive for data center customers is presented at a product launch event in San Francisco, October 24, 2019. Stephen Nellis | Reuters A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products. All that suddenly changed over […]
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Shares of EV maker Canoo are surging after Walmart agrees to buy 4,500 electric delivery vans
Walmart to Purchase 4,500 Canoo Electric Delivery Vehicles to be Used for Last Mile Deliveries in Support of Its Growing eCommerce Business Courtesy: Canoo | Walmart Electric vehicle startup Canoo said Tuesday Walmart has agreed to buy at least 4,500 of its upcoming electric delivery vans, in a significant win for the embattled vehicle maker. […]
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Susquehanna downgrades JetBlue, cites struggles with cost structure
JetBlue could continue to struggle with its cost structure even if it acquires Spirit Airlines , according to Susquehanna Financial Group. Analyst Christopher N. Stathoulopoulos downgraded shares of JetBlue to neutral from positive, saying in a Tuesday note that the airline stock has struggled with unit costs, and may continue to do so after the […]
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Spotify buying Heardle, the Wordle-inspired music game
Onur Dogman | LightRocket | Getty Images Spotify announced Tuesday it’s acquiring Heardle, a music recognition trivia game that’s shot up in popularity in the past year, for an undisclosed amount. The deal will push Spotify further into its mission to become a more interactive app, as it invests in video, livestreaming and podcasts in […]
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Norwegian oil giant Equinor to buy U.S.-based battery storage firm
Although it is involved in renewable energy projects, Equinor is a major producer of fossil fuels. The Norwegian state has a 67% holding in the company. Hakon Mosvold Larsen | Afp | Getty Images Norway’s Equinor is to acquire U.S.-based battery storage developer East Point Energy after signing an agreement to take a 100% stake […]
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