Business News
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Facebook owner Meta will lay off 11,000 workers
Meta, the owner of Facebook, Instagram, and WhatsApp, has stated it will reduce its workforce by 13 percent. The first ...
Made.com fails, threatening thousands of orders.
Next will not retain any employees as it acquires a portion of a failing online furniture retailer. Made.com has entered ...
The owner of Facebook and Instagram, Meta, will lay off almost 11,000 employees.
Mark Zuckerberg acknowledges his errors contributed to Meta’s difficulties as he apologizes for the need to lay off so many ...
Energy companies remotely install prepaid meters in residences
A growing number of families are remotely switching their smart energy meters to prepayment meters, according to the energy regulator. ...
As sales exceed pre-COVID levels, Primark won’t raise prices.
The parent business of Primark stated that it confronts large expenses and volatile foreign exchange rates. While announcing a recovery ...
Household grocery bills ‘increase by £40 a month’
As grocery sales soar and demand the cheapest own brand ranges continues to rise, data from the supermarket industry supports ...
Foxconn is betting on electric vehicle manufacturer Lordstown Motors.
Foxconn, which manufactures iPhones for Apple, has reportedly increased its stake in a US electric pick-up truck company, which might ...
Just Stop Oil protestors charged following second day of M25 blockade
On Monday, Just Stop Oil members also scaled highway furniture. 24 individuals have been charged about the Monday and Tuesday ...
Tesla recalls 40,000 vehicles due to a power-steering defect.
Tesla is recalling slightly over 41,000 vehicles in the United States due to a potential problem with the power steering. ...
China’s COVID regulations cause iPhone delays for Apple.
According to the business, “the factory is now working at a drastically reduced capacity,” and iPhone 14 Pro and 14 ...
eBay encourages customers to choose used items over new ones this Black Friday
This month, online marketplace eBay is returning to its roots by promoting exclusively pre-owned or refurbished Black Friday goods. The ...
CVC makes £1.5bn approach for IWG’s Instant Group arm
CVC Capital Partners, an investor in Six Nations Rugby, has approached IWG regarding a possible spin-off of its internet division, ...