All posts by Heemang
FTC Sues To Block Microsoft-Activision Blizzard $69 Billion Merger – Heemang Parmar
[ad_1] The Federal Trade Commission said Thursday it is suing to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business. The FTC voted 3-1 to issue the complaint after a closed-door meeting, with the three Democratic…
Poaching A Nanny From This Child Care Provider Comes With A $5,000 Price Tag – Heemang Parmar
[ad_1] When Chelsea Rutter’s day care center closed at the start of the pandemic, she watched the families of her students scramble to find new child care. With her own job now uncertain, Rutter agreed to watch some of the toddlers at her home in Seattle. The arrangement seemed like a perfect solution. The kids…
Elon Musk Says Apple Isn’t Threatening To Remove Twitter From The App Store After All – Heemang Parmar
[ad_1] Apple’s CEO told Elon Musk the company “never considered” pulling his social media platform from its App Store, the Twitter owner said Wednesday, suggesting that his own remarks about a possible removal were a “misunderstanding.” Musk tweeted that he had a “Good conversation” with Tim Cook during a meeting at Apple’s headquarters in Cupertino,…
FTX US Donated $1 Million To PAC Linked To Mitch McConnell Before Bankruptcy – Heemang Parmar
[ad_1] Cryptocurrency exchange FTX US donated $1 million to a super PAC linked to Senate Minority Leader Mitch McConnell (R-Ky.) just weeks before the parent company declared bankruptcy early this month, shorting clients, creditors and investors out of billions of dollars, Bloomberg first reported Saturday. The political contribution can be seen in the Senate Leadership…
Twitter Will ‘Tentatively’ Relaunch Paid Verification System Next Friday: Musk – Heemang Parmar
[ad_1] Elon Musk announced Twitter will “tentatively” make available its updated paid verification service to users next Friday. Musk said that the platform will start adding a different color of check mark for verified users based on the type of account. Individuals will continue getting a blue check, while companies will have a gold check…
Elizabeth Holmes Sentenced To More Than 11 Years In Prison – Heemang Parmar
[ad_1] Disgraced Theranos founder Elizabeth Holmes has been sentenced to 135 months, or 11.25 years, in prison for her role in defrauding investors in her blood-testing company. She’ll have an additional three years of supervised release. Holmes won’t have to report to prison until April of next year. Holmes, 38, was sentenced Friday by U.S….
Starbucks Workers Plan Strikes At More Than 100 U.S. Stores – Heemang Parmar
[ad_1] Starbucks workers at more than 100 U.S. stores say they’re going on strike Thursday in what would be the largest labor action since a campaign to unionize the company’s stores began late last year. The walkouts are scheduled to coincide with Starbucks’ annual Red Cup Day, when the company gives free reusable cups to…
After Stunning Failures, Elon Musk Says Only ‘Exceptional Performance’ Is Allowed At Twitter – Heemang Parmar
[ad_1] Twitter will only have room for “extremely hardcore” employees who put in long hours at high intensity, the company’s new owner Elon Musk told staff Wednesday morning. “Going forward, to build a breakthrough Twitter 2.0 and succeed in an increasingly competitive world, we will need to be extremely hardcore. This will mean working long…
Dozens Of Kids Were Cleaning Midwest Meatpacking Plants, Labor Department Finds – Heemang Parmar
[ad_1] The Labor Department says a sanitation contractor employed dozens of children in dangerous roles at meatpacking plants in Nebraska and Minnesota. The agency went to federal court on Wednesday seeking an injunction against Packer’s Sanitation Services Inc. (PSSI), alleging at least 31 kids had worked for the company in “oppressive child labor.” Officials say…
Medieval Times Union Wins Vote At California Castle – Heemang Parmar
[ad_1] The union campaign at Medieval Times has breached the walls of a second castle. Workers at the company’s Buena Park, California, location voted 27 to 18 in favor of joining the American Guild of Variety Artists on Thursday, according to a union spokesperson. The union will represent the knights, squires, stablehands and cast who…
Amazon To Lay Off Another 9,000 Employees – Heemang Parmar
New York Community Bank To Buy Failed Signature Bank – Heemang Parmar
The U.S. Is On The Cusp Of A New Nuclear Energy Milestone — And Debate – Heemang Parmar
Parent Of Silicon Valley Bank Seeks Bankruptcy Protection – Heemang Parmar
U.S. Stocks Fall As Bank Worries Spread To Europe – Heemang Parmar
Cleveland REI Workers Form Union, Adding Fuel To Labor Effort – Heemang Parmar