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Microsoft confirms performance-based job cuts across departments

Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we…
Investing

Disney, Fox, Warner Bros. Discovery call off Venu sports streaming service

Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After…
Investing

Vince McMahon settles with SEC over hush money agreements as civil assault case continues

The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million in relation…
Investing

Meta announces end of its DEI programs. Read the memo.

Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse…
Latest News

‘Powerful tool’ for China: Government defends pending TikTok ban

In oral arguments before the Supreme Court Friday, lawyers for the Biden administration reiterated their argument that TikTok’s Chinese ownership poses a…
Latest News

DOGE reps launch meetings with federal staffers in effort to cut government waste: report

Aides for Tesla and Space X CEO Elon Musk and tech entrepreneur Vivek Ramaswamy are starting to interview staffers with the federal…
Latest News

Tulsi Gabbard changes tune on controversial intelligence tool following GOP lobbying

Tulsi Gabbard, who is President-elect Donald Trump’s choice to be Director of National Intelligence (DNI) in his next administration, has reversed course…
Latest News

Dems eerily silent on Trump sentencing as they prepare for Republican trifecta in Washington

Democratic lawmakers were noticeably silent following the sentencing of President-elect Donald Trump despite previously commenting on the cases against him, as Washington…
Latest News

Trump fills latest Cabinet spots as Jan. 20 inauguration nears

President-elect Trump announced his latest picks to join the growing number of Cabinet choices as his Jan. 20th inauguration nears.  Trump, in…
Economy

IRS says taxpayer service will suffer if Congress cuts modernization funds

By David Lawder WASHINGTON (Reuters) – The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on…
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