Between them, some of the world’s biggest tech companies have collectively laid off more than 150,000 workers in recent months. The businesses involved have put forward a variety of reasons for why this was necessary, which mostly come down to a need to reduce costs as economic growth slows down around the world. The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, and Amazon Adobe Stock In truth, it isn’t likely to be because the companies involved need money. Microsoft,… Source link
Read More »Jason Oppenheim warns of an ‘armageddon’ in the real estate industry
The real estate industry could soon be upended, says star broker Jason Oppenheim. Oppenheim – who leads a team of glamorous agents on Netflix (NFLX) reality series “Selling Sunset” – recently sat down with Yahoo Finance to talk about the current state of the U.S. real estate market. During the far-ranging conversation, he warned that the industry’s commission structure could soon change forever. “To be specific about real estate agents, we’ve got federal regulators and a couple of lawsuits… Source link
Read More »‘A real estate bottom?’ More homebuyers jump back in as the year kicks off
Real estate agents confirm what housing data is starting to show: More homebuyers are emerging from their self-imposed hibernation. The volume of mortgage applications for home purchases rose 25% week over week, the Mortgage Bankers Association (MBA) survey for the week ending Jan. 13 found. Housing sentiment ticked higher at the end of last year, per Fannie Mae. And home builders are reporting an increase in buyer traffic in January, the first uptick since December 2021, according to an… Source link
Read More »Apple and Google Facing Real Competiive Pressure in 2023
This year, Apple and Google will both face their first real tests in a very long time. Apple could finally open its walled garden, potentially disrupting the App Store juggernaut. The rise of ChatGPT threatens Google’s stranglehold over search — and its ad business. … Source link
Read More »US real estate market in ‘big trouble,’ expert warns
As the Federal Reserve continues its hawkish market reset – which has contributed to a rise in interest and mortgage rates – real estate experts are sounding the alarm that “big trouble” lies ahead for the U.S. market. “When you have a rise and increase in interest rates like we’ve had, that is a big problem for housing. Interest rates are like the mother’s milk of housing,” Pulte Capital CEO Bill Pulte told FOX Business’ Maria Bartiromo Thursday. “And if you cut it off, you’re in big… Source link
Read More »US real estate market in ‘big trouble,’ expert warns
As the Federal Reserve continues its hawkish market reset – which has contributed to a rise in interest and mortgage rates – real estate experts are sounding the alarm that “big trouble” lies ahead for the U.S. market. “When you have a rise and increase in interest rates like we’ve had, that is a big problem for housing. Interest rates are like the mother’s milk of housing,” Pulte Capital CEO Bill Pulte told FOX Business’ Maria Bartiromo Thursday. “And if you cut it off, you’re in big… Source link
Read More »With Bing and ChatGPT, Google Faces First Real Competition in 20 Years
Microsoft put $1 billion in OpenAI, which built ChatGPT, and plans to integrate ChatGPT into Bing. Bing has not come close to touching Google’s search dominance since it was launched in 2009. Many have said Google Search has stagnated, and competition from Bing and ChatGPT might change that. … Source link
Read More »With Bing and ChatGPT, Google Faces First Real Competition in 20 Years
Microsoft put $1 billion in OpenAI, which built ChatGPT, and plans to integrate ChatGPT into Bing. Bing has not come close to touching Google’s search dominance since it was launched in 2009. Many have said Google Search has stagnated, and competition from Bing and ChatGPT might change that. … Source link
Read More »Andy Cohen reveals the ‘secret sauce’ to ‘The Real Housewives’ success
Andy Cohen has made a household name for himself thanks to, well, the housewives. “This is a massive cultural phenomenon that has no shows no signs of letting up,” Cohen said of the Bravo franchise, adding he never thought the series would become as prominent and popular as it is today. “It’s a testament to the hard work that we’ve all done trying to keep each franchise special and a great viewing experience for the fans,” Cohen said. Cohen, who has been developing and executive producing… Source link
Read More »Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — but these 3 real assets remain scarce and coveted
Morgan Stanley: Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — but these 3 real assets remain scarce and coveted The second-hand market for luxury timepieces had a huge bull run over the past few years. But according to a recent report by Morgan Stanley using data from WatchCharts — which tracks real-time watch market sales — prices of the most sought-after watches from top luxury brands have dropped significantly. The most… Source link
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