Business
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Amazon plans to invest $1 billion a year in movies for theaters
According to those acquainted with the situation, the tech giant intends to annually produce 12 to 15 films for theatres....
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HP joins the list of tech companies to layoff its workforce; to fire 6,000 employees
The world's largest manufacturer of laptops and electronic devices, Hewlett-Packard (HP), announced huge layoffs on Tuesday. The corporation predicted during...
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Elon Musk’s 2022 wealth loss exceeds $100 billion for the first time
The shares of Elon Musk's EV manufacturer business Tesla have dropped to their lowest level in two years while he...
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Disney shows the door to Bob Chapek and rehires former CEO, Bob Iger
Former Disney CEO Bob Iger was brought back after the firm reported 18 percent lower revenue despite operating income staying...
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FTX founder Sam Bankman-Fried donated $40 million to political campaigns leading into the midterms: Report
Following the fall of FTX, former CEO and founder Sam Bankman-Fried is in choppy waters for leading the company to...
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Breezy Explainer: All you need to know about friendshoring
Friendshoring is a term used for the practice of relocating supply chains to regions with low political chaos and risk...
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Breezy Explainer: FTX bankruptcy- What’s next now?
Following its abrupt collapse, the cryptocurrency exchange FTX filed for Chapter 11 bankruptcy protection in the US on Friday, claiming...
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After the ‘Great Resignation’: What’s next for U.S. employment?
Even as the economy is slowly recovering from supply chain issues and pandemic shocks, employers still face unprecedented challenges with...
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Elizabeth Holmes asks for leniency for her Theranos crimes
After being found guilty of defrauding investors, Elizabeth Holmes, the disgraced former CEO of Theranos, is scheduled to be sentenced...
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