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Meta COO Sandberg reportedly tried to block news story about Activision CEO Kotick
Sheryl Sandberg, chief operating officer of Facebook Inc. David Paul Morris | Bloomberg | Getty Images Meta Chief Operating Officer Sheryl Sandberg was reportedly part of a pressure campaign to prevent the Daily Mail from publishing an unfavorable report about Activision Blizzard CEO Bobby Kotick, according to a Wall Street Journal article published Thursday. Facebook […]
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Apple spent more than it ever has on lobbying as antitrust threats loom
Tim Cook, CEO of Apple, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 10, 2019. Brendan McDermid | REUTERS Apple spent a record $2.5 million lobbying Congress in the first quarter of 2022, more than a 34% increase from the previous quarter, according to its disclosure made […]
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HBO grows to nearly 77 million total subscribers as Netflix reports a decline
HBO and HBO Max had 76.8 million subscribers at the end of the first quarter of 2022, former parent company AT&T reported Thursday. That marks a 3 million subscriber increase from the previous quarter and a 12.8 million year-over-year increase. Domestic average revenue per user (ARPU) reached $11.24, up from $11.15 last quarter. The news […]
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Why GM is getting into electric boats
Everything is going electric. Cars, delivery vans, buses, garbage trucks and more are rapidly moving to a battery-powered future. With the technology going mainstream, the EV revolution is also making waves in the world of boating. General Motors recently invested $150 million in Seattle-based start-up Pure Watercraft, taking a 25% stake in the company. And […]
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Apple union organizers in Georgia say they were inspired by Amazon warehouse workers
Employees leading a unionization drive at an Apple retail store in Georgia were inspired by Amazon employees who tried to unionize a warehouse in Bessemer, Alabama, during the Covid pandemic. The remarks, which members of the Apple union organizing committee made in an interview with CNBC, show that the high-profile union drive at an Amazon […]
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Atlanta Apple store is the first to file for union election
An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters An Apple retail store in the Cumberland Mall in Atlanta, Georgia, has filed for a union election, the Communication Workers […]
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Streaming stocks slide after Netflix says it is losing subscribers
Reed Hastings, Co-CEO, Netflix speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021. David Swanson | Reuters The stock prices of streaming video companies fell in extended trading on Tuesday after Netflix released earnings that showed the sector leader lost subscribers for the first time in more than […]
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Apple retail union organizers want workers to be paid at least $30 per hour
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York. Lucas Jackson | Reuters Workers who hope to organize a union at Apple’s Grand Central Terminal store want workers to be paid a minimum of $30 per hour, according to a website for the group, Fruit Stand Workers […]
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Apple retail union organizers want to be paid at least $30 per hour
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York. Lucas Jackson | Reuters Workers who hope to organize a union at Apple’s Grand Central Terminal store want to be paid a minimum of $30 per hour, according to a website for the group, Fruit Stand Workers United, […]
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Ex-CEO Dorsey criticizes Twitter board, Musk says it ‘owns almost no shares!
Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Former Twitter CEO Jack Dorsey criticized the company’s board in a series of tweets on Sunday as the group is now tasked with evaluating a takeover bid […]
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