This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, September 28, 2022 Today’s newsletter is by Ethan Wolff-Mann, senior writer at Yahoo Finance. Follow him on Twitter @ewolffmann. The Dow fell below the 20% mark on Monday, joining the S&P 500 in bear market territory and capping off an abysmal slide since the peak at the end of 2021. The boom that followed March 2020’s COVID crash is… Source link

Apple, Google, Microsoft and others have essentially locked users into their web browsers through default settings in their OS platforms, giving the platform makers an unfair advantage over competitors, according to a new report by Firefox maker Mozilla. Mozilla researchers found each platform maker “wants to keep people within its walled garden” by steering mobile and desktop users to Apple Safari, Google Chrome, or Microsoft Edge. “All five major… Source link

Before purchasing, your customers always look for reviews and references to reinforce and validate their intent. In the U.K., I worked with an agency that served 600 small businesses of which a large percentage were florists. A flower shop customer’s intent can be one of the following: Look for seasonal flower arrangements (Valentine’s, Mother’s Day, etc.). Type of flowers to buy for a dinner date. Learn how to make a Christmas wreath. Wedding… Source link

Grab your tiniest violin: Google, once known for its lavish work perks, is slashing its fun budget. Employees can no longer jet off on as many jollies as they used to and are going to have to dramatically scale back their Christmas parties. The cost-cutting hasn’t gone down well with Google staff, who confronted the CEO, Sundar Pichai, at a recent company-wide meeting. Why was Google “nickel-and-diming” them, Pichai was asked, when the company “had record profits and huge cash… Source link

The news: Dialogue between Alphabet CEO Sundar Pichai and Google employees became tense during a company-wide all-hands meeting this week. As Pichai elaborated on the company’s “simplicity sprint” initiative, he also fielded tense employee questions about the company’s travel and entertainment budget cuts, potential layoffs, and calls for more productivity, per CNBC. One employee accused Google of “nickel and diming” its workforce despite “record profits and huge cash… Source link

NEW YORK, Sept. 27, 2022 /PRNewswire/ — The Metaverse in Entertainment Market size is expected to grow by USD 28.92 billion during 2021- 2026, at a CAGR of 8.55% during the forecast period, according to Technavio. The market is concentrated, and the degree of concentration will accelerate during the forecast period. Aomen City, Epic Games Inc., Hungama Digital Media Entertainment Pvt. Ltd., Meta Platforms Inc., Niantic Inc., OverActive Media Corp., Qualcomm Inc., Queppelin, Roblox Corp,

Goldman Sachs (GS), Morgan Stanley (MS), Bank of America (BAC), Citigroup (C): Wall Street banks were hit with $1.8 billion in fines Tuesday tied to probes into how the firms failed to monitor employee use of unauthorized messaging apps. The Securities and Exchange Commission announced 16 firms, including Goldman Sachs, Citigroup, Bank of America and Morgan Stanley, will pay $1.1 billion in fines. The Commodity Futures Trading Commission announced fines against 11 banks totaling $710… Source link

Fast food giants McDonald’s (MCD) and Taco Bell (YUM) are tapping into fan nostalgia to boost traffic. On Tuesday, Taco Bell announced its first-ever in-app voting experience, allowing fans to vote for either the Double Decker Taco or the Enchirito to return to menus for a limited time. The Double Decker Taco was introduced in 1995 as a limited-time offering before it became a 13-year menu mainstay from 2006 to 2019. It includes a soft flour tortilla layered with beans then wrapped around a… Source link

Social Security has become a predictable talking point for Democrats heading into the midterms, but some Republicans have also been surprisingly eager to engage on the hot-button topic. While many GOP leaders have tried to stay mum on the so-called “third rail of American politics,” other Republican figures have waded in. The latest example came this week from Rep. Buddy Carter (R-GA), who’s running to be the top Republican on the House Budget Committee next year. In an interview with… Source link

A year ago, Tony Rizzo worked for Uber Freight, enjoying a Silicon Valley salary alongside perks such as free meals, phenomenal health care and, of course, Uber credits. Then last October, the suburban LaGrange resident took a business development job at Isometric Technologies, an early stage transportation-tech startup based in Northern… Source link