James Whitehurst, the former CEO of Red Hat. Adam Jeffery | CNBC Unity Software said Monday that it’s cutting 1,800 jobs, or about 25% of its workforce, in the latest round of layoffs at the gaming technology company. The stock jumped almost 5% in extended trading. Unity said in a regulatory filing that the cuts … Read more
Rumble, the so-called free speech alternative to YouTube, is the subject of an investigation by the United States Securities and Exchange Commission (SEC), according to the company and a letter from the SEC. The SEC confirmed its investigation involving Rumble in response to a public records request that WIRED first filed in November, seeking documents … Read more
The Congress on Saturday set up the election committees for eight states, including Madhya Pradesh, Rajasthan, Kerala, Chhattisgarh, Himachal Pradesh and others. The grand old party also constituted the political affairs committee for Madhya Pradesh. “The Congress President has approved the proposal of the constitution of Pradesh Election Committees of Rajasthan, Kerala, Telangana, Chhattisgarh, Himachal … Read more
Meta Platforms ‘ savvy use of artificial intelligence and untapped potential in business messaging are reasons why we see more upside ahead for the stock in 2024. Meta reached a 52-week high of $361.90 per share on the second to last trading day of 2023. The stock nearly tripled last year and was the second-best … Read more
A country bakery has announced a milestone move, claiming it is the first bakery in Australia to go completely cashless. But the Heritage Bakery at Milton, on the NSW South Coast, has been slammed by the nation’s online pro-cash community. “Australia’s first cashless bakery. Cashless is quick. Cashless is clean. Cashless is accurate. Thank you … Read more
LOS ANGELES — The bloom is off the final rose for “Bachelorette” star Rachel Lindsay and husband Bryan Abasolo, who found love on the reality dating show. Court records show that Abasolo filed to end their marriage Tuesday. He cited irreconcilable differences for the breakup and his filing in Los Angeles Superior Court says the … Read more
Utah Gov. Spencer Cox (R) is sounding the alarm on the dangers of social media in a new interview, pointing out that it could lead to more mental health issues especially among young people. Cox said on NBC’s “Meet the Press” that youth mental health is “the issue of our time” in an interview that … Read more
Colorado Gov. Jared Polis (D) suggested in a Sunday interview he would not back state-imposed restrictions on children’s social media use, saying that responsibility, instead, should lie with the parents. “I think the responsibility belongs with parents, not the government,” Polis said when asked in an interview on NBC News’s “Meet the Press” whether he … Read more
Social media giant X, formerly Twitter, lost its bid to block a California content moderation law on Friday, with a federal judge dismissing the company’s challenge. The company claimed the California law violated its free speech rights by requiring it to publicly post its policies and report data on hate speech, disinformation, harassment and extremism … Read more
The Nasdaq MarketSite in the Times Square neighborhood of New York, on Tuesday, May 31, 2022. Michael Nagle | Bloomberg | Getty Images Tech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades. After last year’s 33% plunge, the tech-heavy Nasdaq finished 2023 … Read more
