John Matze, CEO and founder of Parler, announced top Republican donor Rebekah Mercer fired him from the popular conservative social media app. The app, a favorite among former president Donald Trump supporters, had been shut down after tech giants pulled the plug following the Jan. 6 Capitol riot and violence. According to the memo he […]
Disney is laying off 28,000 employees in its parks, consumer products and experiences division. According to the company, the layoffs are the result of the prolonged shutdown in California and limited attendance at open parks elsewhere. Disney Head of Parks Josh D’Amaro sent a letter to the employees, giving them great detail of the company’s […]
Quaker Oats will retire the 130-year-plus Aunt Jemima brand and logo upon the company’s acknowledgment it was founded based on a racial stereotype. According to the Pepsi-owned company, the goal to promote racial equality through an array of initiatives are in reflection of its values and will meet the expectations of its customers. The appearance […]
American Airlines announced it was suspending flights to Australia and services to Asia except for the three weekly flights to Tokyo as part of its 75 percent year-over-year decline in international capabilities. The U.S. airline giant also said a 20 percent reduction in its domestic capacity would happen in April with another 30 percent in […]
PG&E, California’s power producer, has reached a settlement with the victims of some of the state’s most devastating fires in its modern history. The $13.5 billion settlement will pave the way for the bankrupt company to get out of bankruptcy. In January, the power company filed for Chapter 11 bankruptcy protection, stating its possible liabilities […]
Amazon recently announced it was spending $700 million in the next six years, offering post-secondary job training for 100,000 of its 300,000 workers. The training program and subsidized education the company is offering will take place outside traditional universities and colleges thanks to the effort by spin-off providers Amazon has created. One such provider is […]
It’s been known for some time that Wal-Mart was trying to bring life to the tablet market with its own branded tablets. According to a new report, there are three devices with the Onn house brand coming to the market soon. Perhaps Wal-Mart is trying to chip into Apple share of the market, or maybe […]
It wasn’t long ago that Huawei promised that its flagship phone would get the Android Q update after Google’s Pixel devices got it. However, it appears that Google has other plans, and the Chinese tech giant’s phones may never get the update. No real surprise that Huawei’s Mate 20 Pro is not listed on Android’s […]
Amazon suddenly quit purchasing wholesalers’ products, which sent many of them into a frenzy. What the company is looking to do is have vendors sell their products directly to consumers via its marketplace. Amazon can increase its profits by relieving itself of the cost to purchase, store and ship products. Amazon does charge suppliers for […]
Sears is facing some tough times trying to survive bankruptcy, but Kmart is in even worse shape. Many traditional department stores like Sears have online competitors and box retailers that are hindering them from making a good profit. Kmart is facing competition from stores like Dollar General and Dollar Tree where both are making great […]