In a case of bizarre timing, Salesforce announced it was laying off 1,000 employees at the end of last month just a day after announcing a monster quarter with over $5 billion in revenue, putting the company on a $20 billion revenue run rate for the first time. The juxtaposition was hard to miss. Earlier…
Monday during an interview with FNC’s “Fox & Friends,” Sen. Tom Cotton (R-AR) announced legislation to revoke China’s “most favored nation” status. Cotton criticized 2020 Democratic presidential nominee former Vice President Joe Biden for being a longtime supporter of the increased trade opportunities with the Chinese Communist Party. “This week is the 20th anniversary of…
Indiana Attorney General Curtis Hill announced Thursday that Planned Parenthood has conceded defeat in its lawsuit challenging the state’s ultrasound law and has agreed to provide women with ultrasounds at least 18 hours prior to abortions. According to Hill’s office, Planned Parenthood of Indiana and Kentucky agreed to drop its lawsuit against the state as long…
President Donald Trump announced Thursday morning that Israel and the United Arab Emirates (UAE) had reached a peace deal and would achieve the “full normalization” of relations, the first peace agreement between Israel and any Gulf Arab state. Joint Statement of the United States, the State of Israel, and the United Arab Emirates pic.twitter.com/oVyjLxf0jd —…
TikTok, the Chinese video sharing app that’s found itself at the center of a geopolitical power struggle which threatens to put hard limits on its global growth this year, said today it will build its first data center in Europe. The announcement of a TikTok data center in the EU also follows a landmark ruling…
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E-book and audiobook subscription service Scribd has been actively embracing and experimenting with bundling over the past couple of years, creating joint offers with The New York Times and with Spotify and Hulu. Today it announced a slightly different take on the idea with Scribd Perks. These perks give Scribd’s paying subscribers (the service costs…
Netflix and Barack and Michelle Obama’s production company have announced their latest film: “Becoming,” a documentary that follows Michelle as she goes on tour to promote her bestselling memoir of the same name. Although the documentary was directed by Nadia Hallgren, it sounds like the film had extensive access to and input from Michelle Obama…
ROME — The Italian government has published the new regulations for “phase two” of the coronavirus lockdown, which include a gradual easing of some of the harshest rules. One of the biggest changes of the new rules, which will go into effect on May 4, involves allowing citizens to leave their homes to visit family…
After mounting pressure from the U.K. tech startup ecosystem, and much debate, the British government today unveiled plans for a new “Future Fund” designed to ensure high-growth companies — namely, startups — across the U.K. receive enough investment to remain viable during the coronavirus crisis. Initially, the U.K. government is pledging a total of £250…
