business2cfinance
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Netflix Caves After Writer’s Union Opposes Executive Pay Bumps
As the Writers Guild of America continues to strike for fair wages and against the looming threat of AI, one of the largest streaming services — Netflix — might have just heard their battle cry against executives.
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Twitter is Now Only Worth a Third of What Elon Musk Paid for It
Last October, Elon Musk closed on a deal to purchase Twitter for a whopping $US44 billion. At the time, it was a price tag that many estimated to be way too much money. Musk, himself, admitted that he and his co-investors may have overpaid for the social media platform. Nevertheless, he soldiered on with the…
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Washington Delays Requirements for Heat Pumps in New Buildings
Washington state building code officials voted Wednesday to delay the first statewide mandate for electric heat pumps in new buildings, dealing a significant blow to restrictions on natural gas.
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Meta Begins Its Next Round of Mass Layoffs
Meta is continuing with cuts this week, lopping off approximately 6,000 more of its workers in yet another round of mass layoffs. Most of these newest job losses are expected to impact people on the business side of Meta’s operations — including staff in ad sales, marketing, and partnerships — according to multiple reports and…