Instagram head Adam Mosseri shared a video on Twitter Tuesday explaining recent changes to the social media platform.Story Published at: July 26, 2022 at 05:14PM
After getting slammed by the Kardashians, Instagram CEO puts out a video to explain changes to the app
Alphabet is set to report Q2 earnings after the bell
Alphabet’s earnings report lands as advertisers pull back on spending to manage through inflation.Story Published at: July 26, 2022 at 08:43PM
Credit Suisse CEO to step down from embattled investment bank, WSJ says
The Zurich-based bank will soon announce the departure of Gottstein after a series of embarrassing mishaps and unprofitable quarters, according to the Journal.Story Published at: July 26, 2022 at 07:41PM
Apple’s earnings will give a peek into the mindset of the high-end consumer
This year, analysts and investors will be closely watching Apple’s earnings because the company could be affected by so many different macroeconomic conditions.Story Published at: July 26, 2022 at 07:27PM
Here’s how to know if we’re in a recession, and it’s not what you think
Officially, the NBER defines recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.”Story Published at: July 26, 2022 at 05:55PM
Adidas cuts 2022 outlook on slower China recovery, potential for a global slowdown
Adidas on Tuesday cut its financial forecast for 2022 as the sneaker and athletic brand suffers from a slower recovery in China. Story Published at: July 26, 2022 at 05:42PM
Amazon hikes Prime membership prices by up to 43% in Europe as inflation bites
The company is enforcing steep price increases in European markets, including in France, where members will see a 43% hike on the cost of annual subscriptions.Story Published at: July 26, 2022 at 03:50PM
Scientists identify likely cause of mysterious children’s liver disease
Scientists in the U.K. say they have identified the likely cause of a recent outbreak of mysterious liver disease afflicting young children around the world. Story Published at: July 26, 2022 at 04:06PM
Shopify stock sinks 15% after company says it will lay off 10% of workers
In a memo to staff, Shopify CEO Tobi Lutke acknowledged he had misjudged how long the pandemic-driven e-commerce boom would last.Story Published at: July 26, 2022 at 03:28PM
Natural gas hits highest level since 2008, on pace for best month ever as Russia cuts supply
Natural gas is on track for its best month ever.Story Published at: July 26, 2022 at 02:29PM