Newsspencer

Latest News from the World

Tag: companies

  • Google claims a Supreme Court defeat would transform the internet — for the worse

    CNN  —  An unfavorable ruling against Google in a closely watched Supreme Court case this term about YouTube’s recommendation engine could have sweeping unintended consequences for much of the wider internet, the search giant argued in a legal filing Thursday. Google, which owns YouTube, is fighting a high-stakes court battle over whether algorithmically generated YouTube…

  • Pizza Hut is finally selling slices — with a twist

    New York CNN Business  —  Pizza Hut is getting more personal beyond its personal pan pizzas. For customers who find ordering a whole pie daunting, the chain is offering its version of individual slices with a new menu item called Pizza Hut Melts. For $6.99 per slice, the new option is actually two slices of…

  • McDonald's is selling Happy Meals to adults — with a twist

    New York CNN Business  —  The Hamburglar is back at McDonald’s. But this time, it’s just for adults. McDonald’s is bringing back its family of recognizable figurines in a new adult Happy Meal, which, yes, includes the toys. Beginning October 3, customers can order a Cactus Plant Flea Market Box — a Big Mac or…

  • Estée Lauder is buying Tom Ford in a deal worth $2.8 billion

    Hong Kong CNN Business  —  Two of the world’s top luxury icons are deepening their relationship. In a landmark deal announced Tuesday, Estée Lauder Companies (EL) said it was acquiring its longtime partner Tom Ford. The agreement values the American fashion and beauty label at $2.8 billion and will be paid through a combination of…

  • $4 gas could be coming — again

    New York CNN Business  —  Here’s the bad news first: Gas prices are on the rise in most of the US and could soon hit a national average of $4 a gallon for the first time in two months. But the good news is prices might not stay there long, as they’re already falling in…

  • Rivian owners can't help but gush about their trucks, flaws and all 

    Washington, DC CNN  —  Denis Wang says he always hated the car-buying process — until he met Rivian. Buying the automaker’s R1T electric pickup was so wonderful that he says he drove 45 minutes to Rivian’s Irvine, California, office to take the Rivian employee who shepherded him through his purchase out for coffee. (Rivian pairs…

  • This oil refiner is cutting 1,100 jobs — and giving billions of dollars to its shareholders

    New York CNN  —  Phillips 66 is cutting at least 1,100 jobs by the end of this year as the refining giant seeks to slash costs and steer a larger chunk of its soaring profits to shareholders. At its investor day meeting in New York Wednesday, Phillips 66 detailed plans to slim down in a…

  • Netflix launches 'Basic with Ads' — its much anticipated commercial-supported plan

    New York CNN Business  —  In 2019, Netflix said in a letter to shareholders “we… are advertising free,” and added that being commercial-free is a “deep part of our brand proposition.” That all changed Thursday when the streaming leader launched “Basic with Ads,” the platform’s much anticipated ad-supported subscription plan. The new tier will cost…

  • Beginner's guide to Mastodon, the Twitter alternative that's on 🔥

    CNN Business  —  If you’ve heard the word “mastodon” a lot since Elon Musk took over Twitter in late October, here’s why: The extinct mammal is also the name of a relatively small, formerly little-known social network that has skyrocketed in popularity, as many Twitter users try it out as an alternative for connecting with…

  • Hive is the latest Twitter alternative to gain steam — and to show how hard it would be to replace Twitter

    CNN Business  —  Elon Musk’s rocky takeover of Twitter has already been marked by mass layoffs, resignations and the reinstatement of former president Donald Trump’s account, as well as other controversial figures, leaving many users uncertain about the direction of the platform’s future. Amid the chaos, several Twitter alternatives have reported a surge in new…