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Musk vs. the Bots

Plus, latest crypto crash causes regulators to push for new investor protections.  » mehr lesen

Start-Ups Flock to WeWork, Trellis and Other Low-Commitment Spaces

The pandemic’s arrival turned spaces like WeWork into ghost towns. Now people are lining up for low-commitment offices, and providers are working to sustain that trend.  » mehr lesen

Netflix, struggling with subscriptions, lays off about 150 workers.

“Our slowing revenue growth means we are also having to slow our cost growth as a company,” the company said in a statement.  » mehr lesen

Walmart Earnings: Profits Dragged Down by Higher Costs for Food and Fuel

The drop meant that for the first time in years, Walmart did not meet Wall Street’s profit expectations, an ominous signal for other companies navigating inflation.  » mehr lesen

Elon Musk Says Twitter Deal ‘Cannot Move Forward’ in Current State

Mr. Musk called on Twitter to provide more data about the number of spam and fake accounts on the social media site.  » mehr lesen

Powell says the Fed is watching for ‘clear and convincing’ signs of inflation fading.

Jerome Powell, the Fed chair, said the central bank is prepared to raise rates more quickly and higher if price pressures fail to fade.  » mehr lesen

Allianz subsidiary agrees to plead guilty over a $7 billion investment implosion.

The former chief investment officer for the funds that collapsed early in the pandemic was charged with securities fraud and obstruction of justice.  » mehr lesen

Netflix Lays Off 150 Employees as It Struggles With Subscriptions

“Our slowing revenue growth means we are also having to slow our cost growth as a company,” the company said in a statement.  » mehr lesen

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