Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus on high-performance talent,” a Microsoft spokesperson said in an email to CNBC on Wednesday. “We are always working on helping people learn and grow. When people are not performing, we take the appropriate action.” Business Insider reported on ...
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 careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming service,” they said in the statement. “In an ever-changing marketplace, we determined that it was best to meet the evolving ...
The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million in relation to charges that he failed to disclose payment agreements related to sexual assault charges. Meanwhile, a woman suing McMahon and the WWE said she was pressing on with her civil case related to the allegations. The SEC said ...
Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse candidates, the latest dramatic change ahead of President-elect Donald Trump’s second White House term. Janelle Gale, Meta’s vice president of people, made the announcement on the company’s Workplace internal communications forum. Among the changes, Meta is ending the ...
Venezuelan opposition leader Maria Corina Machado has been detained in Caracas after joining a protest against President Nicolas Maduro’s planned inauguration for a third term, according to her team. Machado’s political group Comando con Venezuela wrote on X that she was “violently intercepted” while exiting the rally on Thursday. “Regime troops shot at the motorcycles that were transporting her,” the ...
A Swiss national who was arrested and accused of spying in Iran died by suicide in prison on Thursday, according to Mizan Online, a news agency affiliated with Iran’s judiciary. “All evidence and documents from the place where this person was being held have been reviewed, and according to the documents, it is clear that he committed suicide,” the chief ...
Elon Musk praised the co-leader of the German party Alternative for Germany (AfD) as “very reasonable” on Thursday, urging Germans to vote for the far-right party in what is the latest high-profile sign of the tech billionaire’s involvement in European politics. “Only AfD can save Germany, end of story, and people really need to get behind AfD, and otherwise things ...
The number of people killed in Gaza is significantly higher than the figure reported by authorities in the enclave, a peer-reviewed study by researchers from a leading health research university in the UK has found. According to findings announced by the London School of Hygiene & Tropical Medicine (LSHTM) and published in The Lancet journal, there were an estimated 64,260 ...
Canadian Prime Minister Justin Trudeau said Thursday that President-elect Donald Trump’s comments about turning Canada into the United States’ 51st state are just a distraction from the consequences of Trump’s tariff threats. Trudeau, who announced earlier this week he would resign as prime minister once his party had chosen his successor, told Tapper that Canada becoming another US state was ...
Venezuelans are bracing for yet another wave of repression as strongman leader Nicolas Maduro prepares to be inaugurated for a third time on Friday – sealing an election outcome that opposition politicians and the US government say was stolen. In recent days, the government has deployed a show of force ahead of the inauguration, increasing the number of policemen and ...