Category: Companies

Ericsson to Cut 1,400 Jobs in Sweden

February 20, 2023
Business & MarketsCompanieseconomic policieseconomyEntertainmentericssonEuropeinflationlayoffsrecessionSwedenWorld
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STOCKHOLM—Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs globally, it said on Monday. The company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the end of 2023 as demand slows in some markets, including North America….

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Use Facebook and Instagram For $11.99 Per Month as Zuckerberg Launches Paid ‘Verified’ Subscriptions

February 20, 2023
Business & MarketsCompaniesfacebook paid subscriptioninstagramMark ZuckerbergMedia & Big Techmeta verifiedTechTech NewsUSUS News
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Meta, which owns Facebook and Instagram, is launching a paid subscription program called “Meta Verified” that allows for account verification with a blue badge—a move that models Twitter’s blue checkmark feature. Meta Verified is “a subscription service that lets you verify your account with a government ID, get a blue badge, get extra impersonation protection…

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Meta Launches Paid ‘Verified’ Subscriptions for Facebook and Instagram

February 20, 2023
Business & MarketsCompaniesfacebook paid subscriptioninstagramMark ZuckerbergMedia & Big Techmeta verifiedTechTech NewsUSUS News
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Meta, which owns Facebook and Instagram, is launching a paid subscription program called “Meta Verified” that allows for account verification with a blue badge—a move that models Twitter’s blue checkmark feature. Meta Verified is “a subscription service that lets you verify your account with a government ID, get a blue badge, get extra impersonation protection…

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Shares Edge Up as US Holiday Interrupts Interest-Rate Reality Check

February 20, 2023
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
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LONDON—Global shares edged up on Monday as a U.S. holiday made for slow trading ahead of minutes of the latest Federal Reserve meeting and a reading on core inflation that could add to the risk of interest rates heading higher for longer. The dollar, which is heading for its largest one-month rise since September in…

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Australian Universities Owe $83 Million in Underpaid Wages

February 19, 2023
AustraliaAustralian universitiesBusiness & MarketsCompaniesStaff underpaymentWorld
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A new report has found that Australian universities, including those at the top, have underpaid their staff by at least $83 million (US$57 million) since 2020. The National Tertiary Education Union (NTEU) has released an analysis (pdf) that identifies 34 cases of wage theft in Australia’s higher education sector in the last three years. In…

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Famed Chinese Rainmaker Goes Missing in Latest Executive Disappearance

February 18, 2023
Business & MarketsChinaChina Business & EconomyChina RenaissanceCompanies
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Chinese dealmaker Bao Fan, founder of investment bank China Renaissance Holdings Ltd, has gone missing in the latest disappearance of a top business executive, unnerving investors and sending its stock down as much as 50 percent on Friday. The mainland China-based boutique bank said in an exchange filing late on Thursday the company had been…

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Norfolk Southern CEO Visits Site of Ohio Toxic Train Crash

February 18, 2023
Business & MarketsCompaniesDonald TrumpEast Palestine Train DerailmentNational Transportation Safety Board (NTSB)Norfolk SouthernOhioRegional & State NewsState NewsUSUS News
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Vowing that “our company will be working tirelessly every day to get East Palestine back on its feet as soon as possible,” Norfolk Southern CEO Alan Shaw visited the eastern Ohio village where his company’s train derailed on Feb. 3, sending toxic chemicals into the air and onto the ground. “I am here to support…

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Moderna Reverses Course, Says People Won’t Have to Pay for COVID-19 Vaccine

February 18, 2023
AMERICABernie SandersBusiness & MarketsCCP VirusCompaniesModernaVaccines & Safety
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Moderna has reversed course and promised that people will not have to pay for the company’s COVID-19 vaccine once the U.S. government stops buying shots. “Moderna remains committed to ensuring that people in the United States will have access to our COVID-19 vaccines regardless of ability to pay,” the company said in a statement. Moderna’s…

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[SUNDAY WATCH PARTY] Enes Kanter Freedom: Why I Sacrificed My Future in the NBA to Stand Up to the Chinese Regime

February 18, 2023
Advancing American FreedomAmerican Thought Leadersanti-CCPanti-chinabasketballBusiness & MarketsChinaChina Human RightsChinese RegimeCompaniesDefending Americaenes freedomEnes KanterEpochTVErdoganFeatured TopicsHong KongInfiltrating the WestInternationalInternational RelationsLive VideosMedia & Big TechMiddle EastNBAPresident Tayyip Erdoganreligious freedomSpecial TopicsTaiwanThreat from Communist ChinaTurkeyUSUS-China relationsVideoWorld
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Join us for our ATL Sunday Watch Party! During the Watch Party, everyone can watch this episode with Enes Kanter Freedom for FREE—even without a subscription. Feel free to share this link to your friends and family! This episode was originally published in December 2022.  “How can the biggest dictatorship in the world control a…

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Twitter to Charge Users to Secure Accounts via Text Message

February 18, 2023
accountsblueBusiness & MarketsCompaniesMedia & Big TechsecuritySocial MediasubscribersTechTwitterUSUS News
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Twitter said on Friday it will allow only paid subscribers to use text messages as a two-factor authentication (2FA) method to secure their accounts. After March 20, “only Twitter Blue subscribers will be able to use text messages as their two-factor authentication method,” the company said in a tweet. Two-factor authentication, meant to make accounts…

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