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Labor group accuses Apple of interrogating, surveilling staff at World Trade Center store
Customers shop at the new Apple Store at the World Trade Center shopping mall in New York City. Getty Images Communications Workers of America is accusing Apple of violating federal labor law at its World Trade Center store in New York City. CWA alleged in an Unfair Labor Practice filing with the National Labor Relations […]
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Amazon’s Twitch, Discord, 4chan face New York AG probe after Buffalo shooting
New York State Attorney General Letitia James in New York City, November 19, 2019. Lucas Jackson | Reuters New York Attorney General Letitia James will investigate social media companies including Amazon’s Twitch in connection to the apparently racially-motivated shooting at a Buffalo supermarket that left 10 dead and three injured. James’ office will also focus […]
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New filing reveals the full story behind Musk’s bid to buy Twitter
The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images A new filing with the Securities and Exchange Commission sheds light on the Twitter board’s early conversations with billionaire Elon Musk as he decided to join the board, and later, abandon that plan and try to take […]
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Apple adding live captions to iPhone, iPad and Mac so you can read along with videos
Apple is adding live captions to its products. Apple Apple announced a slew of new accessibility features for its products on Tuesday that can help people with disabilities. One highlight feature is live captions for videos for iPhones, iPads and Macs. It means people who are hard of hearing, or anyone who wants to watch […]
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Intel shareholders reject executive pay
Patrick Gelsinger, chief executive officer of Intel Corp., speaks during a Bloomberg Studio 1.0 interview at the company’s headquarters in Santa Clara, California, Feb. 3, 2022. David Paul Morris | Bloomberg | Getty Images Intel shareholders voted last week against the company’s compensation for its top executives, according to an regulatory filing published on Monday. […]
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Twitter CEO expects Musk deal to close but is preparing for other scenarios
Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal said Friday that he still expects the sale to Elon Musk to go through, but he’s continuing to run the company in case it doesn’t. “While I expect the deal to close, we need to be prepared for all scenarios […]
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Why it’s bad news for the entire market when Apple has a big drop
Apple stock is down over 8% this week, wiping off about $200 billion in value, and dragging down the Dow and Nasdaq indexes. Apple is now officially in a bear market alongside other technology megastocks. Apple has fallen during a bad week for equity markets, which are selling off stocks in nearly every industry on […]
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Twitter’s market cap has dropped to $9 billion below Musk’s purchase price as concerns about deal emerge
The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters As Elon Musk pursues ownership of Twitter, shares of the social media company are dropping, suggesting some concern among investors that […]
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Lina Khan’s FTC can finally move forward with its progressive agenda after Senate confirms fifth commissioner
Federal Trade Commission building Jeff Greenberg | Universal Images Group | Getty Images The Federal Trade Commission finally has the power to move forward with its progressive enforcement and policy agenda after the Senate confirmed President Joe Biden’s nominee to the fifth commissioner seat Wednesday. The Senate voted to confirm Alvaro Bedoya 51-50, with Vice […]
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Tech is hitting the brakes on hiring, but that doesn’t mean a broader slowdown is coming
San Francisco Compassandcamera | Getty Images U.S. employers added more jobs than expected in April amid a tight labor market, the Bureau of Labor Statistics reported Friday. But the tech sector, which boomed during the pandemic, is showing signs of contraction. Facebook parent company Meta is pausing hiring and scaling down some recruitment plans, Insider […]
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