Etsy: Online marketplace lays off 11% of staff to cut costs
CEO Josh Silverman tells staff the cuts are needed as sales have been “essentially flat” for two years.
CEO Josh Silverman tells staff the cuts are needed as sales have been “essentially flat” for two years.
How social media can spread misinformation on Israel-Hamas war – CBS News Watch CBS News An investigation by CBS News found misinformation about the Israel-Hamas war can be easily found and spread on social media. One school in Dallas has a media literacy course to help teach teens, who often get their news from social…
Customer service has become a huge problem in this country. Just ask … literally anyone. But why is customer service so bad? First of all, labor shortage. Especially since the pandemic, it’s hard to find people to fill these jobs. The average call-center worker quits after 18 months. Then there’s consolidation. Corporate mergers of airlines,…
Updated Jan. 8, 2024 4:34 pm ET Elon Musk criticized a Wall Street Journal article detailing how leaders at Tesla and SpaceX are worried about his drug use, saying he didn’t fail drug tests and touting the business successes at his companies. He weighed in with a series of social-media posts after the article said…
EconomyTechnology 23 November 2023, 1:46 pm 1 minute Reuters exclusively reported that Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O). Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a…
Police in San Francisco arrested a suspect on Thursday morning over last week’s stabbing death of Cash App creator and fintech pioneer Bob Lee, authorities said. San Francisco Police Chief Bill Scott told reporters at an afternoon news conference that Nima Momeni, 38, was arrested at his home in Emeryville, a suburb between Oakland and…
A U.S. congressional committee has asked the Commerce Department to look into whether a giant technology company controlled by the ruling family of the United Arab Emirates should be put under trade restrictions because of its ties to China. The company, G42, specializes in artificial intelligence and other emerging technologies, and is overseen by Sheikh…