Google miscalculated the number of stocks laid-off employees were told they would receive as part of a severance package last month. The company laid off 12,000 employees, marking the largest round of layoffs since Google’s inception.
“Crypto? Oh, that’s right, cryptocurrencies. Those fake digital coins, right? I remember seeing them at last year’s Super Bowl. Larry David was in one. I thought that commercial was pretty funny. Say, how is that whole crypto thing doing?”
U.K.-based environmental law firm ClientEarth is suing Shell’s 11-member board, saying they are failing to properly manage the business risks associated with climate change. The lawsuit, filed in England’s high court, claims that the company’s current climate strategy is inadequate, which puts Shell at a financial…
Lyft shares are underperforming compared to its main competitor, Uber, spiking concerns that the rideshare company may have to offset its losses with price gouging and cost-cutting measures.
Reddit says that it was hacked earlier this month, in a security incident that compromised some company data. However, the company says that Redditors have no need to fear because user data was not impacted by the episode—at least, that the company knows of...“so far.”
Yahoo, the legacy site that’s seen its ups and down over the years, is definitively heading toward a down. The company confirmed that it plans to let go of more than 20% of its global workforce in an apparent shift of its ambitious advertising platform that looked to compete with the biggest players in ad tech.
Fraudsters and illicit digital dealers made much less money last year than they did in 2021, though 2022 was still a record year for total stolen in crypto hacks.
Disney Plus should really start thinking about changing its name to Disney Minus. The company released its first quarter 2023 results late Wednesday, showing the company barely gained any subscribers in North America while losing millions more watchers in the wider global market.
Uber announced it reached a record revenue last year, overcoming the economic downturn many companies have faced in recent months.
BP is raking in a huge amount of cash these days on oil, so it wants you to ignore all those lofty promises it made about the climate just a few years ago.