Wall Street ends higher, Cisco Systems jumps after expectations

Investors are still assessing the minutes of the Federal Reserve’s meeting on Wednesday Cole lowered the 2022 forecast Indices: Dow Jones up 0.1%, S&P 500 up 0.2%, Nasdaq up 0.2% NEW YORK (Reuters) – U.S. stocks closed higher on Thursday as upbeat sales forecasts from Cisco Systems helped lift the technology sector, while data showed … Read more

‘$70,000 CEO’ Dan Price quits after allegations he kidnapped a woman by the throat

Dan Price, famous CEO His salary was reduced to $70,000 While raising the minimum wage at Gravity Payments, he resigned while facing charges of assaulting a 26-year-old woman. Price, 38, announced his exit in a statement posted to Twitter and said that Gravity Payments COO Tammy Kroll will replace him as the company’s CEO. “My … Read more

‘$70,000 CEO’ Dan Price quits after allegations he kidnapped a woman by the throat

Dan Price, famous CEO His salary was reduced to $70,000 While raising the minimum wage at Gravity Payments, he resigned while facing charges of assaulting a 26-year-old woman. Price, 38, announced his exit in a statement posted to Twitter and said that Gravity Payments COO Tammy Kroll will replace him as the company’s CEO. “My … Read more

Losses from cryptocurrency hacks have increased by 60% to nearly $2 billion this year

Losses caused by Cryptocurrency hack It jumped nearly 60% in the first seven months of the year to $1.9 billion, driven by an increase in funds stolen from decentralized finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released Tuesday. In the same period last year, the amount stolen from hacking … Read more

Warren Buffett boosts Big Tech’s bets while other billionaires dump their stock

Warren Buffett, president of Berkshire Hathaway, doubled his bets on Big Tech during the second quarter — even as other billionaire investors sold their holdings as concerns mounted about a market crash. The company headed by the “Oracle of Omaha” added nearly four million shares of Apple stock during the three-month period ending in June, … Read more

Amazon workers quit their jobs at the air freight facility to demand better wages and working conditions

The group of workers who organized the strike calls themselves the Amazon Internal Workers Union, and they claimed in online posts that more than 150 employees took part in their coordinated layoff on Monday. However, Amazon disputes this figure and said 74 workers took part in the strike. By both metrics, protesters represented a small … Read more

Amazon workers quit their jobs at the air freight facility to demand better wages and working conditions

The group of workers who organized the strike calls themselves the Amazon Internal Workers Union, and they claimed in online posts that more than 150 employees took part in their coordinated layoff on Monday. However, Amazon disputes this figure and said 74 workers took part in the strike. By both metrics, protesters represented a small … Read more

Amazon says feds are ‘harassing’ Bezos, CEO Andy Gacy: report

Amazon alleged that federal investigators launched a campaign to “harass” senior executives, including founder Jeff Bezos, as part of an investigation into Alleged antitrust violations by the e-commerce giant that suffered a mysterious six-month “breakdown” several months ago. The Seattle-based company alleges that the FTC is issuing subpoenas to Bezos, current CEO Andy Gacy, and … Read more

Investors slam WeWork founder Adam Neumann’s ‘disgusting’ return

Adam Neumann, the controversial founder of WeWork, is raising huge amounts of investor money for his new real estate company — but some venture capitalists are swaying the return plan. After the news broke on Monday Newman’s new residential real estate startup, Flow, He had raised $350 million from prominent venture capital firm Andreessen Horowitz … Read more