Tag Archives: continue

Google layoffs continue with ‘hundreds’ from sales team

Google layoffs continue with ‘hundreds’ from sales team

After laying off about 1,000 employees last week, Google is now cutting jobs on its advertising sales team. In a statement to The Verge, Google spokesperson Chris Pappas confirmed that “a few hundred roles globally are being eliminated” as part of the change. The news of Google’s latest layoffs was first reported by Business Insider, which obtained a memo from Google senior vice president Philipp Schindler. Schindler reportedly hinted the layoffs will primarily affect its Large Customer… Source link

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Netflix stock will ‘suffer’ if ad rollout struggles continue, analyst warns

Netflix stock will ‘suffer’ if ad rollout struggles continue, analyst warns

Netflix’s (NFLX) new ad-supported offering appears to be undergoing some growing pains. According to a new study by subscription analytics firm Antenna, cited by The Wall Street Journal, the streaming giant’s $6.99 ad-supported offering was the least popular tier of its service during the month November. The ad tier, which officially debuted in U.S. markets on November 3, accounted for just 9% of Netflix sign-ups during the month. About 57% of those ad-supported subscribers re-joined the… Source link

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Amazon Prime will continue to focus on ‘exclusive experiences’ and savings, exec says

Amazon Prime will continue to focus on ‘exclusive experiences’ and savings, exec says

Amazon (AMZN) Prime is wrapping up a year that expanded its offerings, from entertainment like “The Lord of the Rings: The Rings of Power” and “Thursday Night Football” to offering partnerships with third-parties like mobile food delivery platform Grubhub. “We are going to continue investing in Prime benefits, offers, and exclusive experiences to ensure that members see disproportionate value and choose Amazon to fulfill their needs and wants,” Jamil Ghani, VP of Amazon Prime, told Yahoo… Source link

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After bans by Apple and Google, The OG App ‘will be unable to continue serving users’ • TechCrunch

After bans by Apple and Google, The OG App ‘will be unable to continue serving users’ • TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Beep boop, here we go again with another exciting week in tech. Next week is Disrupt, so the TechCrunch Slack watercooler is full of sartorial advice, much to our surprise and confusion. Oh, and Haje has written more than 20 Pitch Deck Teardowns over on TC+ — and he’s running low on decks to review. Surely he hasn’t scared everyone away quite yet?

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Stocks bear market ‘will continue into the first quarter,’ portfolio manager says

Stocks bear market ‘will continue into the first quarter,’ portfolio manager says

Battered investors hoping for a reprieve from the teeth of the bear market may have to wait until early 2023. That’s the blunt assessment from Pimco portfolio manager Erin Browne. “I think it [the bear market] will continue into the first quarter of next year because the Fed is going to keep hiking [rates],” Browne warned on Yahoo Finance Live (video above). “And so it’s hard to have with any certainty right now what next year will bring.” That’s hardly welcome analysis in what has been a… Source link

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The market beatings continue amid an ‘unusually murky’ outlook

The market beatings continue amid an ‘unusually murky’ outlook

This post was originally published on TKer.co It was a rough week in the stock market as the Federal Reserve renewed its commitment to do whatever it takes to bring down inflation, even if it means pain in the economy. The S&P 500 fell 4.6% to close the week at 3,693.23. The index is now down 23.0% from its January 3 closing high of 4,796.56 and up just 0.7% from its June 16 closing low of 3,666.77. The global market rout came with surging interest rates and a strengthening dollar. It’s a big… Source link

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Stocks look to continue rally after best month since 2020

Stocks look to continue rally after best month since 2020

August begins with investors looking to build on gains following the best month for U.S. equity markets since late 2020. In the week ahead, the July jobs report and a continued flood of corporate results will remain top of mind for investors. Friday’s employment data is expected to show nonfarm payrolls grew by 250,000 in July, while another 150 companies in the S&P 500 are set to report quarterly results in the coming week. Roughly 56% of names in the index have unveiled figures so far. U.S…. Source link

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