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Oct 18 2024BUSINESS

Amazon's CEO: Love the Office or Leave

Amazon's top boss at AWS, Matt Garman, has some advice for employees who aren't keen on the new 5-days-a-week office policy starting in January: find a new job. At a recent meeting, he said that nine out of ten workers he's talked to are happy with this change. Garman believes that in-person interac

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Oct 18 2024BUSINESS

Biotech Moves: Layoffs, Deals, and Drug Concerns

Let's take a look at what's been happening in the biotech world today. Sage Therapeutics is cutting its workforce by a third and changing its leadership. Why? Recent clinical trial failures have likely played a role. Over in Australia, regulators have rejected Eisai and Biogen's Alzheimer's drug, L

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Oct 18 2024BUSINESS

Big Companies' Finance Chiefs Chat About AI's Impact

At a recent summit, four major companies' finance chiefs discussed the impact of artificial intelligence (AI) on their businesses. Elena Gomez, the CFO at Toast, a cloud-based restaurant management software company, shared her thoughts on how AI could change their workforce. She mentioned that busin

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Oct 18 2024BUSINESS

Tiger Woods' Logo in Hot Water: A Cool Tech Company Fights Back

Ever heard of Tigeraire? They're a cool-air tech company from Louisiana that's making waves in the sports world. It's not just about their personal cooling devices; they're also in a heated battle over a logo. Tigeraire says Tiger Woods and his golf apparel company, Sun Day Red, are using a logo tha

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Oct 17 2024BUSINESS

Meta Firings: When $25 Credits Go to Wine Glasses

Meta, the company behind Facebook and Instagram, recently gave the boot to over 20 employees in Los Angeles. Why? They were caught red-handed using food credits meant for meals to buy stuff like toothpaste and wine glasses. These credits were supposed to be used for food delivery services like Uber

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Oct 12 2024BUSINESS

Cloudflare's Stock Gets a Thumbs Up

Cloudflare, the tech giant known for its web infrastructure and security solutions, has gotten the green light from some analysts. Matthew Hedberg from RBC Capital recently raised his rating to "Buy" and set a price target of $99 for the company's stock. This is good news for Cloudflare, whose share

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Oct 12 2024BUSINESS

Ian Stratford Takes the Reins as First Look Media's New COO

First Look Media, the parent company of the well-known Topic Studios, has a new chief operating officer (COO). Ian Stratford has been promoted to this role. His job will be to oversee operations, corporate development, finance, and legal matters for all of First Look Media's projects in the entertai

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Oct 11 2024BUSINESS

Dassault Systemes: Should You Buy This Tech Giant?

Laurent Daure, an analyst from Kepler Capital, has a new perspective on Dassault Systemes (0HB4). He's recommending investors buy the stock, setting a price target of €45.00. This is quite a bit higher than the closing price last Wednesday, which was €33.74. Daure's track record shows he has an aver

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Oct 11 2024CRIME

FBI's Fake Crypto Company Busts Market Manipulators

Imagine a fake crypto company set up by the FBI to nab market manipulators. This isn't a movie plot; it's real life. The FBI received a tip from the SEC about a Boston-based crypto firm called Saitama, which was potentially manipulating markets. They decided to act, creating a fake company called Ne

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Oct 08 2024FINANCE

Jim Cramer: Don't Let Downgrades Sway You

Jim Cramer, a financial expert from CNBC, advised investors not to be swayed by stock downgrades or daily market fluctuations. He emphasized the importance of sticking with strong companies even when their share prices fluctuate. Cramer recalled the history of the long bull market, noting how downg

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