Accounting firm Ernst & Young may be poised to split into two companies following a Labor Day meeting by the company’s leaders.
Amazon May Be Looking to Buy Signify Health
Amazon may be looking to buy Signify Health as the e-commerce and cloud giant looks to expand its healthcare offerings.
Walmart and Paramount Reach Agreement for Streaming Bundle
Walmart has reached an agreement to bundle Paramount+ as part of its Walmart+ membership that aims to compete with Amazon Prime.
Jack Ma Will Give Up Control of Ant Group
Tech mogul Jack Ma will give up control of Ant Group after a coordinated crackdown by Chinese regulators.
Microsoft Organizing Cloud Vendors to Take On Amazon’s Government Dominance
Microsoft is working to put a dent in Amazon’s dominance in the government agency cloud computing space, organizing its rivals to help.
Skilled Labor: The Next Supply Chain Issue for Chipmakers
The last two years have been difficult for the semiconductor industry, but chipmakers are facing one of their biggest challenges yet: a skilled labor shortage.
Samsung May Spend Almost $200 Billion on 11 Texas Plants
Samsung may be looking to significantly ramp up its chip production, with a possible $200 billion investment in 11 Texas plants.
Twitter Lays Off 30% of Its Talent Acquisition Team
Twitter has laid off almost 100 of its talent acquisition team, comprising roughly 30% of it, as the company prepares for Elon Musk’s takeover.
Toyota President Objects to Premature EV-Only Transition
Automakers around the world are rushing to transition their lineups to electric vehicles (EVs), but Toyota’s President is not a fan of an EV-only approach.
Netflix Confirms Ad-Supported Plans Are On the Way
Netflix has confirmed rumors that it is working on ad-supported plans as the company looks to grow its subscriber base.
Robots in High Demand Thanks to Labor Shortage
The robotics industry is experiencing massive growth as employers turn to robots to help offset labor shortages.
Apple Significantly Raises Starting Pay For Hourly Employees
Apple is significantly raising its starting pay for hourly employees, some 45% over 2018 levels.
Twitter May Accept Musk’s Deal After All
A new report indicates Twitter may be open to a deal with Elon Musk, after initially fighting it aggressively.
Meta Investigating Sandberg For Allegedly Using Company Resources to Help Activision’s CEO
Sheryl Sandberg has been a staple at Facebook and Meta for years, but the executive is now accused of improperly using company resources to help Activision CEO Bobby Kotick.
AI Represents Major Risk to Banking Cybersecurity
Artificial intelligence (AI) may be the banking industry’s Achilles heel, making it more vulnerable to Russian cyberattacks.
Microsoft Hit With EU Antitrust Complaint Over Its Cloud Business
Microsoft has been hit with an antitrust complaint regarding its cloud business in the EU, as rivals try to compete against the second-largest cloud provider.
Intel Spinning Off Autonomous Unit Mobileye
Intel has filed paperwork to spin off Mobileye, its autonomous driving unit, roughly five years after it acquired it.
China Plans to Add 600,000 5G Base Stations In 2022
China is on pace to add some 600,000 5G base stations in 2022, helping the country solidify its position as the leading 5G nation.
Dish Network Is Bleeding Customers, But Counting on 5G to Save It
Dish Network reported its fourth-quarter results, and the numbers weren’t pretty as the company races to deploy its 5G network.
Meta’s Head of PR Leaving the Company
John Pinette, Vice President of Global Communications at Meta (formerly Facebook), is leaving the company.