Tag: CNN

CNN to Lay Off 100 Employees
CNN is the latest company to announce layoffs, saying it will let approximately 100 employees go as the news giant continues to shift toward digital media....
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Julian Assange to Go Free
After years of being in exile and fighting extradition to the US, Julian Assange has reached a plea deal with the US that will see him go free....
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Alibaba Suspected of ‘Possible Espionage’ In Belgium
Alibaba is the latest Chinese firm suspected of engaging in espionage for Beijing, with the Belgium security service VSSE monitoring the company....
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Jack Dorsey Is Taking Over As Square CEO
Jack Dorsey is once again going to be CEO of Square, taking over after current CEO Alyssa Henry steps down in October....
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Flexport Purges Ex-CEO Dave Clark’s Hires
In the wake of CEO Dave Clark resigning, Flexport is purging executives he hired and rescinding dozens of other job offers....
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UPS/Teamsters Talks Break Down, Opening the Door For a Strike
Talks between UPS and the Teamsters have broken down, opening the door to a possible strike that could involve 340,000 workers....
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Twitter Sued For Unpaid Bills…Again
Twitter is facing yet another lawsuit for unpaid bills...
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Chris Licht’s Run as CNN CEO Is Over
Chris Licht's run as CEO of CNN is over, with the executive leaving the company after just 13 months at the helm....
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Elizabeth Holmes Loses Latest Appeal, to Report to Prison May 30
Elizabeth Holmes is reaching the end of the road, in terms of her freedom, losing her latest appeal and ordered to report to prison May 30....
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Microsoft’s Activision Purchase Receives Green Light From EU
The EU has signed off on Microsoft's deal to purchase Activision Blizzard, a rare win for Big Tech amid an ever-growing antitrust climate....
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Germany’s Last Three Nuclear Power Plants Close Saturday
The curtain is falling on Germany's nuclear power industry, with the last three plants closing Saturday....
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Walmart Closing Half of Its Chicago Stores
Walmart announced it is shutting down half of its Chicago stores, citing losses of "tens of millions of dollars a year."...
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Credit Suisse Cancels Exec Bonuses Admits ‘Material Weakness’
Credit Suisse has cancelled bonuses for its executives, citing "material weakness" in its financial reporting....
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Employees Blame ‘Stupid’ Silicon Valley Bank CEO
After Silicon Valley Bank's spectacular collapse last week, emp...
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Didi Free to Accept New Signups As China Ends Tech Crackdown
In a sign that China's war on tech is finally over, ride-sharing service Didi is once again free to accept new signups....
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