T-Mobile has agreed to buy the parent company of Mint Mobile, a prepaid wireless company that sells directly to customers and is partly owned by actor Ryan Reynolds. Reynolds said, “We are overjoyed that T-Mobile prevailed over an aggressive last-minute bid from my mother Tammy Reynolds, as we believe the superiority of their 5G network…

So far, the effects of the failure of Silicon Valley Bank (SVB) seem to be under control, but the failure of the bank has had an effect on firms that had money in the bank. Roku was harmed, as around 26% of its cash and financial equivalents were placed at the bank. When the government…

Google unveiled on Tuesday, at its annual health event, a series of modifications to its search engine that, according to the company, would make it simpler to find information on cheap healthcare services. For instance, the company will prioritize affordable local healthcare options in its search results. It will also employ Duplex, a conversational artificial…

Southwest Airlines Co. on Tuesday detailed a plan to strengthen its operational resilience following extensive cancellations and delays caused by a winter storm late last year. “We comprehend the underlying issues that lead to the Christmas disruption, and we are validating our internal analysis with the third-party evaluation. Now, we intend to reduce the likelihood…

As a cost-cutting measure, Facebook’s parent company Meta is eliminating an additional 10,000 staff and will not fill 5,000 vacancies. In November, the corporation announced 11,000 layoffs, or around 13% of its staff. Meta and other IT companies have been aggressively hiring for at least two years and have begun laying off some of those…

Kim Rivers, CEO of Trulieve, bolstered her efforts to create a healthy environment for women during Women’s History Month, although the proportion of women in cannabis leadership roles has remained stagnant in recent years. She told Cheddar News in an interview following the company’s results release, “One of my goals is to make Trulieve the…

According to Bloomberg News, federal officials initiated an auction for Silicon Valley Bank over the weekend, with final bids due on Sunday. According to sources, the Federal Deposit Insurance Corporation initiated the auction on Saturday night to resolve the dilemma quickly and provide uninsured depositors a life raft. The FDIC took control of the $209…

What should a company do with a $1.3 billion stockpile of merchandise possibly irreparably contaminated by its association with a rapper’s extreme antisemitism? As a result of canceling its profitable collaboration with Kanye West, Adidas executives are now pondering if the company would experience its first annual loss in three decades. Wednesday, the German sportswear…

Best Buy is collaborating with Atrium Health to help deliver hospital-level care in the home. The retailer’s Geek Squad service will install equipment in patients’ homes to monitor vital signs, such as heart rate and blood oxygen saturation. The objective is to provide high-quality health care while decreasing hospital visits’ financial and emotional strain. Best…

Salesforce is the most recent company to announce plans to integrate ChatGPT into their software solution. Tuesday, the company debuted Einstein GPT, a customer relationship management (CRM) platform that leverages generative AI to generate content for its commercial offerings. Salesforce emphasized, as an example, the capacity to generate customized emails for salespeople and advertising material…