CNN has informed employees that layoffs are underway as parent company Warner Bros. Discovery (WBD) looks to slash $3 billion worth of costs over the next two years. According to an internal memo obtained by Yahoo Finance, CNN CEO Chris Licht wrote to employees on Wednesday: “Our people are the heart and soul of this organization. It is incredibly hard to say goodbye to any one member of the CNN team, much less many.” “I recently described this process as a gut punch, because I know that is… Source link

This article is part of our Yahoo DFS Hockey series. November closes Wednesday. Before we hit December, there are four games on the slate. Here are some players to target, and to avoid, for your DFS lineups. GOALIE Matt Murray, TOR vs. SAN ($31): Since returning from injury, Murray has a 2.17 GAA and .938 save percentage through six starts. The Sharks are just below average in terms of goals per game, but they are also on the road for the second leg of a back-to-back, so that’s a knock… Source link

Litigation against Google and its parent entity Alphabet being brought in the U.K. on behalf of thousands of digital publishers — seeking up to £13.6 billion (~$16.3 billion) in damages on their behalf for alleged anti-competitive behavior related to Google’s adtech practices — has been filed with the Competition Appeal Tribunal (CAT). “The claim alleges that Google abused its dominant position in the market for online advertising, earning super-profits for itself at the… Source link

Litigation against Google and its parent entity Alphabet being brought in the UK on behalf of thousands of digital publishers — seeking up to £13.6 billion (~$16.3BN) in damages on their behalf for alleged anti-competitive behavior related to Google’s adtech practices — has been filed with the Competition Appeal Tribunal (CAT). “The claim alleges that Google abused its dominant position in the market for online advertising, earning super-profits for itself at the expense of the… Source link

U.S. stocks edged higher at Wednesday’s session open before giving up gains, continuing a sluggish start to the week as investors digested new economic data and awaited comments from Federal Reserve Chair Jerome Powell. The S&P 500 (^GSPC) slipped by 0.3% in early trading, while the Dow Jones Industrial Average (^DJI) was down by 0.6%. The technology-heavy Nasdaq Composite (^IXIC) ticked up by 0.2%. Stocks finished lower on Tuesday, even as concerns regarding China’s strict zero-COVID policy… Source link

Google Play announced its Best of Play 2022 awards Wednesday for the best… Source link

SACRAMENTO, Calif. — The first time he saw it, De’Aaron Fox had to pull over his car on 5th Street. Either the Earth was blitzing open, or something from out of this world was raying down, because the brightest burst of purple the 24-year-old had ever seen, thousands of feet of towering glow, was beaming above the Golden 1 Center in downtown Sacramento and straight into outer space. Kings owner Vivek Ranadive wants aliens to see the purple blast — made from four, 1,000-watt RGB lasers… Source link

U.S. stocks ticked higher at Wednesday’s session open before giving up gains, continuing a sluggish start to the week as investors digested new economic data and awaited comments from Federal Reserve Chair Jerome Powell. The S&P 500 (^GSPC) inched lower by 0.1% in early trading, while the Dow Jones Industrial Average (^DJI) was down by 0.3%. The technology-heavy Nasdaq Composite (^IXIC) rose by 0.3%. Stocks finished lower on Tuesday, even as concerns regarding China’s strict zero-COVID… Source link

LONDON, Nov 30 (Reuters) – Google was sued on Wednesday by a group of British website publishers who allege the U.S. company and its parent Alphabet abused their dominant position in online advertising, depriving them of revenue. The class action claim was filed at the Competition Appeal tribunal on behalf of 130,000 businesses publishing around 1.75 million website and apps in Britain, law firms Humphries Kerstetter and Geradin Partners said in a statement. Google dismissed the lawsuit in an… Source link

The global economic outlook for 2023 is murky at best, economists at Citi warn. “As we survey the prospects for the global economy, we see many reasons for concern, including continued challenges from the pandemic and the Russia-Ukraine war, high inflation, and headwinds from central bank rate hikes,” Citi chief economist Nathan Sheets wrote in a client note Wednesday. “Reflecting these factors, the global economy is likely to endure ‘rolling’ country-level recessions during the coming… Source link