Disney expected to lay off thousands of employees in next round of budget cuts
Disney is preparing for a major round of layoffs, with some executives asked to cut spending by 20% on an annualized basis, Bloomberg News reported. This would be the fourth round of job cuts in 2026 under Disney CEO Josh D’Amaro, and would affect…
Intel stock slump deepens – and $3.7 trillion chip rout spreads
Wall Street on Monday largely brushed aside last week’s technological damage. Stockpiles of shavings continued to track mud into the house. About 7 in 10 stocks in the S&P 500 rose Monday, but almost all chip stocks fell and the group lost…
Salesforce agrees to buy Cresta (CRM:NYSE)
Sales force (RCMP) announced that it has signed a definitive agreement to purchase Cresta, a voice-focused operating system for customer experience. Terms were not disclosed. The transaction is expected to close in the first quarter of fiscal 2028,…
Hackers raise supermarket freezers to 55C as cyberattack spreads to seven EU countries — UNITED24 Media
On November 2, hackers disrupted refrigeration systems in at least seven European Union countries, manipulating temperatures remotely and forcing some retailers to throw out refrigerated and frozen foods. Reuters reported the same day. Incidents have…
Kimberly-Clark completes acquisition of Tylenol maker Kenvue. What to expect next
Kimberly-Clark completed its blockbuster acquisition of Tylenol maker Kenvue on Monday, giving investors new reasons to believe in the company behind Huggies, Kleenex and Cottonelle. This acquisition expands Kimberly-Clark’s reach in the health and…
Baked by Melissa Cupcake Kits Launch at Target
Baked by Melissa will enter the home baking aisle in Target stores as the retailer attempts to persuade shoppers to spend more at its stores during the holiday season. As of Sunday, Target is exclusively selling the brand’s cupcake kits, liners and…
The New York Times sues Brave web browser for removing AI and bypassing paywalls
The New York Times and a group of other publications have filed lawsuits against the company that makes the Brave web browser, for allegedly illegal scraping aimed at training AI and also allowing users to bypass their paywalls, as reported Reuters.…
SpaceX reportedly considering buying Boost Mobile or using its cellular network
The potential deal could serve as a shortcut to establishing SpaceX as a mobile operator. Walter Cicchetti/Shutterstock SpaceX may have found a potential way around its entry into the wireless carrier business through Boost Mobile. As first reported The…
Weil associate calls out ‘greed’ and ‘lack of leadership’ as company collapses
Ed. note: Welcome to our daily column, Quote of the Day. At this point, everyone needs to pay attention to number one. Everyone has to find a new job. I understand that (Biglaw) is a very cutthroat environment, but the sheer level of greed combined with…
Alabama woman hit with magnificent karma after taking almost an entire bowl of Halloween candy and lying about it
Taylor Wilson, a homeowner in Alabama had her and her children’s Halloween ruined after two women stumbled upon a candy bowl she left outside her house for treats. A video showing them helping themselves almost the entire offer went viral this…