Tag Archives: Amid

NetEase executives and workers were reportedly arrested amid a corruption investigation

  NetEase executives and workers were reportedly arrested amid a corruption investigation A former esports head and NetEase Games’ ex-general manager are facing money laundering and bribery charges. kris holt   Sat, Nov 9, 2024 REUTERS / Reuters The ex-head of NetEase’s esports division and NetEase Games’ former general manager are said to have been … Continue reading NetEase executives and workers were reportedly arrested amid a corruption investigation

TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11?

November 04, 2024 TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11? Fridays is the latest restaurant chain to file for bankruptcy protection in a year where customers are eating out less and operating costs are on the rise. BY Tracy Brown Hamilton American casual dining restaurant chain TGI Fridays has filed for Chapter 11 bankruptcy … Continue reading TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11?

Boeing reports $6 billion quarterly loss amid a crippling strike

October 23, 2024 Boeing reports $6 billion quarterly loss amid a crippling strike CEO Kelly Ortberg said Boeing needs ‘a fundamental culture change in the company.’ BY Associated Press Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to … Continue reading Boeing reports $6 billion quarterly loss amid a crippling strike

Nicolás Maduro bans X in Venezuela for 10 days amid Elon Musk dispute

  Nicolás Maduro bans X in Venezuela for 10 days amid Elon Musk dispute The country’s president claimed Musk was inciting hatred following disputed election results. kris holt   Fri, Aug 9, 2024   ASSOCIATED PRESS Venezuela’s president Nicolás Maduro has blocked X in the country for 10 days after claiming that the platform’s owner … Continue reading Nicolás Maduro bans X in Venezuela for 10 days amid Elon Musk dispute

AI fuels investment surge in Q2 amid slowdown in new products

Explore CabinetM’s Q2 2024 martech report: Record $10.8 billion investment, AI funding boost and slowing product innovation. Allyson Delaney on July 15, 2024     CabinetM’s Q2 2024 Martech Innovation Report reveals a surge in martech investments to $ 10.8 billion, despite a 31% year-over-year decrease in new product announcements. New products. We are once … Continue reading AI fuels investment surge in Q2 amid slowdown in new products

Hims & Hers shares plunge 12% amid allegations of GLP-1 drug sourcing from ‘shady supplier’

June 28, 2024 Hims & Hers shares plunge 12% amid allegations of GLP-1 drug sourcing from ‘shady supplier’ A new report criticized Hims GLP-1 offerings, specifically where the company is getting them from. BY Sam Becker Roughly a month after announcing that it would offer GLP-1 injectable weight-loss drugs comparable to the popular drugs Ozempic and … Continue reading Hims & Hers shares plunge 12% amid allegations of GLP-1 drug sourcing from ‘shady supplier’

Top TikTok exec out on leave amid accusations of bullying and harassment (exclusive)

May 08, 2024 Top TikTok exec out on leave amid accusations of bullying and harassment (exclusive) TikTok Germany’s general manager, Tobias Henning, has been subject to at least three complaints since 2021. BY Chris Stokel-Walker Update: This story has been updated to include comments from Tobias Henning. TikTok’s general manager in Germany, Tobias Henning, has gone … Continue reading Top TikTok exec out on leave amid accusations of bullying and harassment (exclusive)

Walmart shutters 51 doctor clinics after just a few years amid struggle to make healthcare profitable

April 30, 2024 Walmart shutters 51 doctor clinics after just a few years amid struggle to make healthcare profitable The decision to close the health centers, which were primarily located in smaller towns where customers might lack access to quality care, represents an abrupt reversal for the supermarket chain. BY Emily Price Walmart announced plans Tuesday … Continue reading Walmart shutters 51 doctor clinics after just a few years amid struggle to make healthcare profitable