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Tag: STOCKS

LOS ANGELES, UNITED STATES: The Sony PlayStation exhibit draws visitors at the Electronic Entertainment Expo, or E3, at the Los Angeles Convention Center in Los Angeles, 12 May 2004. E3, in it's tenth year, is the world's largest and most influential trade shows for the video and computer gaming industry. AFP PHOTO / Robyn BECK (Photo credit should read ROBYN BECK/AFP via Getty Images)

PlayStation’s Sony To Cut 900 Jobs, As Layoffs Continue To Increase In Gaming Sector

Tech and video game giant Sony has announced a major round of layoffs. 

Read More PlayStation’s Sony To Cut 900 Jobs, As Layoffs Continue To Increase In Gaming Sector
A picture taken on October 5, 2021 in Toulouse shows the logo of Reddit social media displayed by a by a tablet and a smartphone. (Photo by Lionel BONAVENTURE / AFP) (Photo by LIONEL BONAVENTURE/AFP via Getty Images)

Reddit Agrees To $60M Deal That Allows Google To Train AI Models On Its Posts

Google has struck a deal with Reddit that will allow the massive search giant to use posts from the online discussion site to help train its artificial intelligence (AI) models and improve the Google Search service overall.

Read More Reddit Agrees To $60M Deal That Allows Google To Train AI Models On Its Posts
NEW YORK, NY - JULY 26: In this photo illustration, a glass of Bud Light sits on a bar, July 26, 2018 in New York City. Anheuser-Busch InBev, the brewer behind Budweiser and Bud Light, said on Thursday that U.S. revenues fell 3.1% in the second quarter. American consumers continue to shift away from domestic lagers and toward crafts beers and wine and spirits. (Photo by Drew Angerer/Getty Images)

Trump Defends Bud Light, But Says Ad With Dylan Mulvaney Was ‘Mistake Of Epic Proportions’

Former President Donald Trump has called on Americans to give the beer company a “second chance” after Bud Light’s fallout after collaborating with transgender TikTok star and actor Dylan Mulvaney to promote the brand. 

Read More Trump Defends Bud Light, But Says Ad With Dylan Mulvaney Was ‘Mistake Of Epic Proportions’
LONDON, ENGLAND - AUGUST 03: The Snapchat app logo is displayed on an iPad on August 3, 2016 in London, England. (Photo by Carl Court/Getty Images)

Snap Cutting 10% Of Global Workforce

The Social media company Snap has announced another round of layoffs amid financial struggles lately.

Read More Snap Cutting 10% Of Global Workforce
SAN RAFAEL, CA - JULY 23: The Hasbro logo is displayed on Marvel Iron Man toys at a Target store on July 23, 2018 in San Rafael, California. Hasbro Inc. reported better than expected second-quarter revenue of $904.5 million compared to $972.5 million in the previous year. Despite the loss, revenues were well above analyst expectations sending stocks higher. (Photo by Justin Sullivan/Getty Images)

Hasbro Cutting 1,100 Workers As Weak Toy Sales Continue Into Holiday Season

Toy maker company Hasbro is laying off around 1,100 employees after struggling to hit sales numbers heading into the holiday shopping season. 

Read More Hasbro Cutting 1,100 Workers As Weak Toy Sales Continue Into Holiday Season
A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson

Market bets for 2024 thrown into chaos by US recession conundrum

Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.

Read More Market bets for 2024 thrown into chaos by US recession conundrum

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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