Meta Platforms CEO Mark Zuckerberg is increasing spending on his own security to $14 million, despite a pledge to make 2023 a “year of efficiency.” The decision comes just after 11.000 jobs, or 13 percent of the workforce, were eliminated late last year and future spending plans for projects were cut at the social media company….
Meta Ramps Up Spending on Zuckerberg’s Personal Security to $14 Million Despite ‘Year of Efficiency’ Pledge
February 16, 2023
admin
Business & MarketsCompanieseconomyInvestmentMark ZuckerbergMarketsMedia & Big TechmetaPersonal SecurityUS
0 Comment
20 Women Sexually Abused at Jeffrey Epstein Properties Were Paid Through JPMorgan Accounts: Filing
At least 20 women who were victims of sex trafficking and sexual abuse at Jeffrey Epstein properties were paid through JPMorgan Chase accounts, according to a new court filing. The women were allegedly abused and trafficked at properties in the U.S. Virgin Islands, New York, and elsewhere between 2003 and 2019. The women received payments…
Biden Touts Musk’s Tesla Charger Network in Rare Moment of Praise
President Joe Biden offered some relatively rare praise for Elon Musk, as Musk made part of the Tesla vehicle charging network available to some other electric vehicle brands. On Wednesday, the Biden administration announced several different electric vehicle makers and rental car brands are planning to expand access to vehicle charging stations. The White House…
David Malpass Surprises With Early Exit From World Bank
WASHINGTON—World Bank President David Malpass on Wednesday said he would leave his post well before his term ends. Malpass, appointed by former President Donald Trump, will depart the multilateral development bank, which provides billions of dollars a year in funding for developing economies, by the end of June. His five-year term was due to end…
Nestle Plans Price Hikes After Costs Eat Into Profits
February 16, 2023
admin
Business & MarketsCompanieseconomic policieseconomyEuropeGold and CommoditiesinflationMarketsNestleresultsRussia-Ukraine WarstocksWorld
0 Comment
ZURICH/LONDON—The world’s biggest food group Nestle will lift prices again this year, Chief Executive Mark Schneider said on Thursday, after more costly ingredients contributed to making its 2022 profit miss market forecasts. Rivals have said they anticipate a more positive pricing outlook for shoppers in 2023. But Schneider said further rises were necessary to offset…
‘Every Parent’s Nightmare’: TikTok Offering Child Predators an Easy Path to Contacting Kids
February 16, 2023
admin
Business & Marketschild predatorsCompaniesEducation & Family NewsparentsTechTech NewsTikTokUSUS News
0 Comment
TikTok is turning into a major platform for child sexual exploitation in the United States, according to law enforcement officials, with predatory adults increasingly finding it easier to contact and manipulate minors through the Chinese app. Since the advent of the internet, child predators have had an easy option to get in touch with minors…
Stocks Shrug Off Rate Risks as Data Tempers Recession Worries
February 16, 2023
admin
Business & MarketsCompaniescryptocurrencyeconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
Stocks rose on Thursday as economic data from around the world fed hopes that the global economy might not face as hard a landing as feared a few months ago, even as interest rates threaten to remain higher for longer than expected. The pan-European STOXX 600 index rose 0.5 percent, while London’s FTSE 100 continued…
Park Outside: Stellantis Recalls Ram Trucks Due to Fire Risk
DETROIT—Stellantis is telling the owners of nearly 341,000 Ram diesel trucks to park them outdoors because an electrical connector can overheat and cause a fire. The company said Wednesday it’s recalling the trucks to replace the connectors after getting reports of six potentially related fires. In one case, the owner reported that a fire started…
Kraft Heinz to Abandon Further Price Hikes as Shoppers Stretched Thin
Kraft Heinz said on Wednesday it would hit pause on further price hikes for its quick-fix meals and condiments, as consumers turn increasingly sensitive to persistently high inflation. The packaged food giant also forecast 2023 profit below Wall Street estimates, weighed down by more promotions and higher costs of commodities including dairy, soybean, oils and…
Boeing Says Parts Shortages Persist, Hampering Plane Production
Boeing Co. is still facing parts shortages as the supply chain remained unstable and unpredictable, its finance chief said on Wednesday. Boeing aims to increase production of its bestselling 737 MAX narrowbody jetliner from a stable rate of about 31 jets a month to 38 by the end of the year. The timeline for the…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta