Walmart's position as America's top retailer is in jeopardy following the announcement of significant layoffs and the mandate for remote employees to return to the office, signaling potential internal struggles and increased competition.
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Meta Takes Down Workplace App for Businesses to Focus on AI and Metaverse
Meta has decided to shut down its Workplace app to focus on AI and metaverse technologies. This move aligns with CEO Mark Zuckerberg's push for long-term investor patience amidst stock declines triggered by increased AI investment and slower sales growth.
Amazon to Show Ads on Prime Video, Aiming For $3 Billion in Ad Revenue
Amazon is expanding its advertising strategy by introducing ads on its Prime Video streaming service. The company aims to generate $3 billion in revenue and compete with traditional media giants.
Putin Seeks Stronger Energy, Military, and Trade Deals With China as US Sanctions Hit Russian Economy
Russian President Vladimir Putin's upcoming visit to China aims to strengthen bilateral ties. Three key objectives on his agenda are securing a deal for the Power of Siberia 2 pipeline, increasing Chinese support for the conflict in Ukraine, and accessing Chinese financial markets.
Crypto Heists: North Korea Launders $147 Million in Stolen Cryptocurrency in March
North Korea laundered $147.5 million in stolen crypto in March, according to the UN. North Korea reportedly laundered $147. 5 million via the virtual currency platform Tornado Cash in March after allegedly stealing it from a cryptocurrency exchange in 2023.
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The Biden administration has informed key lawmakers of its intention to provide Israel with over $1 billion in extra arms and ammunition.
Former President Donald Trump's Boeing 757 plane reportedly hit a parked corporate jet at West Palm Beach International Airport in Florida.
In an X post, former OpenAI chief scientist Ilya Sutskever left the company to pursue a ‘personally meaningful’ project.
Financial markets have focused on Trump Media & Technology Group, the parent company of Truth Social, and its spectacular stock rise, reflecting investor mood and political dynamics.
New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase.
An Ohio bar has stirred outrage after prohibiting persons under 30 on weekends following a brawl in the establishment.
US small business confidence improved in April, but inflation remains a top concern for owners, according to a new survey.
Global climate database thinktank InfluenceMap has ranked Toyota dead last in climate lobbying and third-worst in EV production in its 2024 report.
Police are deeply concerned about the ongoing issue of underage teenagers buying knives online as the sale of weapons through social media platforms by illegal dealers is a troubling trend that continues to raise alarm.
