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“Twitter reversing ban on political ads in latest Elon Musk change” Twitter said it would expand the types of political ads allowed on the social media platform, an apparent reversal of its 2019 global ban on political ads, as the Elon Musk-owned company seeks to grow revenue. The company tweeted Tuesday it would also relax its…
“Meta fined $414M in Europe over Facebook, Instagram targeted ads” Facebook and Instagram parent Meta was hit with $414 million in fines by European Union regulators Wednesday for violating privacy laws in a potential blow to the social media company’s lucrative digital advertising strategy. Ireland’s Data Protection Commission, Meta’s top regulator in Europe, flagged the…
“Job openings stayed high in November in blow to Fed” US job openings slipped in November but remained high, suggesting businesses are still determined to add workers, a blow to the Federal Reserve’s efforts to cool hiring and wage gains. There were 10.46 million job vacancies on the last day of November, down slightly from a…
“Tesla makes Tom Zhu highest-profile executive after Elon Musk” Tesla’s China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s US assembly plants as well as sales operations in North America and Europe, according to an internal posting of reporting lines reviewed by Reuters. The Tesla posting showed that Zhu’s title of vice president for Greater…
“Updates on Bills safety Damar Hamlin after cardiac arrest” Damar Hamlin remains in the ICU at University of Cincinnati Hospital on Wednesday, two days after the Bills safety collapsed on the field. However, the family for the Bills safety seemed encouraged by his progress on Wednesday morning. Hamlin, 24, collapsed on the field during Buffalo’s…
“Salesforce slashing 10% of workforce in latest tech layoffs” Salesforce plans to cut its workforce by 10% and close some offices, saying it needs to cut costs after rapid pandemic hiring left it with “too many people” amid an economic slowdown, sending its shares up 5%. The cloud-based software company said on Wednesday it expects between…
“Pete Buttigieg took husband to Invictus Games on military plane: report” Transportation Secretary Pete Buttigieg took his husband, Chasten, along for the ride on a military aircraft when he attended the Invictus Games in Europe last year, according to a report on Wednesday. Buttigieg traveled from Joint Base Andrews outside DC to Rotterdam, the Netherlands,…
“Alan Greenspan blasts FTX downfall as ‘purely fraud’” Former Federal Reserve Chairman Alan Greenspan dismissed arguments that FTX’s collapse was the result of simple negligence or bad bookkeeping this week, referring to the cryptocurrency site’s downfall as “purely fraud.” Greenspan’s remarks cut against the main defense offered so far by disgraced FTX founder Sam Bankman-Fried,…
“Dan Orlovsky prays for Damar Hamlin on live ESPN broadcast” The phrase “thoughts and prayers” has been spoken, texted and tweeted countless times since Damar Hamlin went into cardiac arrest on “Monday Night Football.” One ESPN analyst took the phrase to heart Tuesday, praying for Hamlin on live TV. As Hamlin remains in critical condition,…
“MoMA stabbing suspect Gary Cabana extradited to NYC, charged” The crazed man accused of flying into a rage and stabbing two employees at the Museum of Modern Art last year has been extradited to the Big Apple and charged, cops said Wednesday. Gary Cabana, 60 – who was initially arrested in Philadelphia and held for…