Consumer & Gadgets

Bitcoin: Four reasons why the price could surge in 2024

The year 2023 will be remembered as turbulent for cryptocurrencies, with numerous important developments that ultimately helped to "clean up" the space to potentially make it more attractive to mainstream investors. Notably ...

Business

BuzzFeed, Vice woes signal crisis in digital-only media

With the closure of BuzzFeed News and bankruptcy looming at Vice, the once promising world of free digital media finds itself at a crossroads, seeing ad revenues dry up at the same time as disappointed investors begin walking ...

Business

Salesforce to lay off 8,000 workers in latest tech purge

Business software maker Salesforce is laying off about 8,000 employees, or 10% of its workforce, as major technology companies continue to prune payrolls that rapidly expanded during the pandemic lockdown.

Business

Hong Kong exchange headed to worst IPO finish in a decade

Hong Kong's stock exchange is on track for its weakest year since 2012 for new listings as the city reeled from the pandemic, rising interest rates and China's economic uncertainty, according to data released Tuesday.

Internet

Google's ad sales slow dramatically, eroding parent's profit

Summertime revenue growth at Google's corporate parent slipped to its slowest pace since the pandemic jarred the economy more than two years ago, with advertisers clamping down on spending and bracing for a potential recession.

Business

Report: Amazon freezes hiring on corporate retail division

Amazon is implementing a hiring freeze on the corporate side of its retail business for the rest of the year, according to a New York Times report, becoming the latest company to pause hiring plans amid growing concerns about ...

Automotive

Review: 5 vehicles that are easy on the wallet

New cars are pricier than ever in today's economy. Inflation, low inventory and now rising interest rates have all taken a toll on prices. Last week, the Fed raised interest rates for the fourth time this year, compounding ...

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