sales figures

Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside |  CNN Business

Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside | CNN Business

CNN Business — Amazon CEO Andy Jassy said on Wednesday that an “uncertain” economy had prompted the e-commerce giant to press ahead with rare and wide-ranging layoffs after it carried out a major wave of job losses. hiring during much of the pandemic. “We had the target for a very uncertain economic environment, as well …

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Twitter is less secure due to Elon Musk's management style, says former top official |  CNN Business

Twitter is less secure due to Elon Musk’s management style, says former top official | CNN Business

CNN Business — The dictatorial management style of Twitter owner Elon Musk risks driving the company headlong into unforced business mistakes, content moderation disasters and the degradation of the platform’s core features that help protect vulnerable users, according to a former top Twitter executive who led the company’s content moderation before quitting abruptly. this month. …

Twitter is less secure due to Elon Musk’s management style, says former top official | CNN Business Read More »

Elon Musk claims that Apple 'threatened to remove' Twitter from its app store |  CNN Business

Elon Musk claims that Apple ‘threatened to remove’ Twitter from its app store | CNN Business

New York CNN Business — Elon Musk claimed on Monday that Apple had “threatened” to remove Twitter from its iOS app store, a move that could be devastating for the company Musk just acquired for $44 billion. “Apple (AAPL) has also threatened to remove Twitter from its App Store, but won’t tell us why,” Musk …

Elon Musk claims that Apple ‘threatened to remove’ Twitter from its app store | CNN Business Read More »

Layoffs, ultimatums and the ongoing saga of blue ticks: Elon Musk's first month on Twitter |  CNN Business

Layoffs, ultimatums and the ongoing saga of blue ticks: Elon Musk’s first month on Twitter | CNN Business

CNN — Sunday officially marks a month since the world’s richest man took over as Twitter’s helm. Around that time, Elon Musk launched mass layoffs and gave remaining employees a cryptic ultimatum, reinstated the accounts of controversial figures including former President Donald Trump, and launched — and then rejected — a plan to bill employees. …

Layoffs, ultimatums and the ongoing saga of blue ticks: Elon Musk’s first month on Twitter | CNN Business Read More »

Layoffs, ultimatums and the ongoing saga of blue ticks: Elon Musk's first month on Twitter |  CNN Business

Layoffs, ultimatums and the ongoing saga of blue ticks: Elon Musk’s first month on Twitter | CNN Business

CNN — Sunday officially marks a month since the world’s richest man took over as Twitter’s helm. Around that time, Elon Musk launched mass layoffs and gave remaining employees a cryptic ultimatum, reinstated the accounts of controversial figures including former President Donald Trump, and launched — and then rejected — a plan to bill employees. …

Layoffs, ultimatums and the ongoing saga of blue ticks: Elon Musk’s first month on Twitter | CNN Business Read More »

Mortgage rates fall for the second week in a row |  CNN Business

Mortgage rates fall for the second week in a row | CNN Business

Mortgage rates fell again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate mortgage averaged 6.58% in the week ending Nov. 23, down from 6.61% the previous week, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen for most of 2022, boosted …

Mortgage rates fall for the second week in a row | CNN Business Read More »

Elon Musk has turned the business of Twitter upside down.  Here's how it could fix it |  CNN Business

Elon Musk has turned the business of Twitter upside down. Here’s how it could fix it | CNN Business

New York CNN Business — Much of Twitter’s ad sales team has been fired or expelled. Major companies from General Mills to Macy’s have suspended advertising on the platform, and others have potentially followed suit after new owner Elon Musk’s decision to restore former President Donald Trump’s account and… other controversial personalities. And any cursory …

Elon Musk has turned the business of Twitter upside down. Here’s how it could fix it | CNN Business Read More »

Elon Musk has turned the business of Twitter upside down.  Here's how it could fix it |  CNN Business

Elon Musk has turned the business of Twitter upside down. Here’s how it could fix it | CNN Business

New York CNN Business — Much of Twitter’s ad sales team has been fired or expelled. Major companies from General Mills to Macy’s have suspended advertising on the platform, and others have potentially followed suit after new owner Elon Musk’s decision to restore former President Donald Trump’s account and… other controversial personalities. And any cursory …

Elon Musk has turned the business of Twitter upside down. Here’s how it could fix it | CNN Business Read More »

Twitter Africa employees accuse Elon Musk of discrimination over dismissal terms |  CNN Business

Twitter Africa employees accuse Elon Musk of discrimination over dismissal terms | CNN Business

CNN Business — The dismissed employees of Twitter’s Africa headquarters accuse Twitter of “deliberately and recklessly flouting the laws of Ghana” and trying to “silence and intimidate them” after their dismissal. The team hired a lawyer and sent a letter to the company demanding it comply with the labor laws of the West African nation, …

Twitter Africa employees accuse Elon Musk of discrimination over dismissal terms | CNN Business Read More »

Elizabeth Holmes sentenced to more than 11 years in prison for fraud |  CNN Business

Elizabeth Holmes sentenced to more than 11 years in prison for fraud | CNN Business

CNN — Elizabeth Holmes was sentenced to more than 11 years in prison on Friday following her conviction in January for defrauding investors while running the failed blood testing startup Theranos. Judge Edward Davila imposed a sentence of 11 years and three months in prison, with a further three years of supervision after Holmes’ release. …

Elizabeth Holmes sentenced to more than 11 years in prison for fraud | CNN Business Read More »