Twitter Inc. reviewed the footprint of its large San Francisco office on Wednesday in preparation for downsizing and canceled the opening of an office in Oakland, Calif., a person with direct knowledge of the company said. 'affair.The move clouds the future of the social media site's sleek San … [Read more...] about As Twitter rethinks its footprint in San Francisco, a bigger $9 billion question looms over the city’s office market
Crypto markets have been booming since news of a 75 basis point interest rate hike in the US, with experts explaining that markets may have initially braced for much worse. On July 27, the price of Bitcoin (BTC) jumped around 8% to $22,500 following the Federal Open Markets Committee (FOMC) decision … [Read more...] about “Bullish Rate Rise” – Why Crypto Surged Today in the Face of Bad News
NEWYou can now listen to Fox News articles! Conservatives, politicians and more were quick to slam The Associated Press on Wednesday for a tweet claiming the "common definition" of a recession is not "the one that matters." "According to a common definition - the economy contracts for consecutive … [Read more...] about Conservatives slam Associated Press for tweet claiming ‘common definition’ of recession doesn’t matter
Yahoo was once the most popular website on the planet, the one place everyone on the internet seemed to touch at least once per online session. However, after an ignominious slide, Yahoo is just another site that has fans in parts of Asia and offers niche products. Did Mark Zuckerberg start … [Read more...] about Opinion: Is Mark Zuckerberg taking the first step towards transforming Facebook into Yahoo 2.0?
E-commerce company Shopify reported a loss for the June quarter on Wednesday, as revenue and gross merchandise volume missed estimates. But shares of SHOP surged amid speculation. Cathie Wood's ARK Investment stepped in to buy shares. X Actions in Canada Shopify (SHOP) jumped 11.7% to close … [Read more...] about SHOP Stock Rebounds Despite June Quarter Loss, Revenue Misses
The Federal Reserve is once again using its most powerful weapon in an attempt to stifle the highest inflation in 40 years: increases in interest rates. But the central bank's decision on Wednesday to raise borrowing costs further means consumers and businesses are grappling with back-to-back … [Read more...] about What the Fed’s latest interest rate hike means for your money