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Meta CEO Mark Zuckerberg’s goodbye message to 8,000 fired employees also has two promises for the 70,000 – The Times of India
Mark Zuckerberg‘s email landed in 78,000 inboxes on Wednesday morning, just as the first wave of layoff notices began going out in Singapore at 4 a.m. local time. To the roughly 8,000 employees losing their jobs, the Meta chief executive offered gratitude. To everyone else—the people still logged in, still wondering whether next month brings…
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt – Fortune
The national debt is set to reach $40 trillion in the near future if it continues to grow at its current pace. That has caught the attention of the richest man in the world. Elon Musk has joined the likes of Bridgewater founder Ray Dalio and Treasury Secretary Scott Bessent in supporting a solution to…
Trump Organization deepens Gulf push with $10bn in Saudi projects – Financial Times
Saudi Arabia is keen to develop its tourism sector as a main pillar of a wider economic diversification programme © Trump Organization Donald Trump’s family business has announced $10bn in luxury developments in Saudi Arabia as it expands its footprint in the Gulf. Real estate developer DarGlobal, which has partnered with the Trump Organization in…
How Walmart’s gas price warning shapes our retail outlook — plus, Honeywell’s quantum connection – CNBC
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 shook off earlier losses Thursday and traded modestly higher in afternoon trading. The comeback coincides with oil prices moving well off…
Warner Bros. Discovery Asks for Higher Second-Round Acquisition Bids Due Dec. 1 – Variety
Some media M&A teams may be working through the Thanksgiving weekend: Warner Bros. Discovery — which is fielding acquisition overtures from Paramount Skydance, Comcast and Netflix — is asking for second-round bids by Monday, Dec. 1, that are higher than the original proposals, Variety has confirmed. News of Warner Bros. Discovery’s deadline for the second…
Wall Street Sees Plenty of Upside in Micron Despite the Recent Dip – 24/7 Wall St.
Micron Technology (NASDAQ: MU | MU Price Prediction) is trading at $357.22, while the Wall Street consensus price target sits at $527.60. That gap of roughly 47% demands a clear-eyed look at what created it and whether it represents real opportunity or a warning sign dressed up as a bargain. Micron is the only U.S.-based…
