Tag: Business

  • Moderna Lowers Vax Price 400% After Bernie Promised to Grill CEO

    Sen. Bernie Sanders (I-VT) vowed to question Moderna’s CEO about plans to quadruple the cost of its COVID-19 vaccine during a Senate hearing next month, but the company abruptly changed course and declared in a statement that the vaccine would remain free to all customers “regardless of their ability to pay.” Following allegations that the…

  • For Valentine’s Day, Americans Will Spend More Than $25 Billion

    Americans are anticipated to spend billions of dollars on Valentine’s Day, all in the name of romance. According to a National Retail Federation survey, consumers in the United States will spend $25.9 billion. That would be an increase of $2 billion from 2022. In comparison to 2022, when they spent $175.41 on the day, customers…

  • Hyundai and Kia Release a Software Update to Counter TikTok Challenge Thieves

    For some of their cars, Hyundai and Kia are deploying a software update to prevent an auto theft style that has recently gained popularity on TikTok. Four million Hyundai Elantra, Sonata, and Venue owners will receive the patch, with additional upgrades planned for the near future. According to a news release from Randy Parker, CEO…

  • American Families Are Burdened by a Surging Cost of Babysitting

    Families continue to be burdened by inflation in various areas, including childcare. A survey by the online caregiver listing site Urban Sitter indicated that babysitting prices would increase by 9.7 percent in 2022, exceeding the current rate of inflation and placing a burden on families across the country. A babysitter costs an average of $22.68…

  • Tesla Fired Gigafactory Employees One Day After Union Plans Were Announced

    The day after employees at the company announced plans to unionize, Tesla fired scores of workers at its gigafactory in Buffalo, New York, according to a report. According to a complaint made to the U.S. National Labor Relations Board (NLRB), at least one of the sacked employees was a member of the organizing committee, and…

  • Report Elon Musk Altered Twitter Algorithm to Boost His Numbers

    Remember that individual who everyone believed would invade Mars? According to Platformer, he is now known as the individual who intentionally inundated everyone else’s Twitter feeds with his own messages. According to the tech website, Elon Musk asked Twitter’s developers to write code that would provide him “unprecedented promotion of his tweets to the whole…

  • Tesla Employees Announce Unionization Plans at New York Plant

    Workers at a Tesla facility in Buffalo, New York, have declared their intention to unionize. The workers stated in a news release on Tuesday, “We believe unionization will give us a voice in the workplace that has been overlooked up until now.” “All we want is a seat in the car we helped construct.” According…

  • Elon Musk to appoint a new Twitter CEO by the end of 2023

    Musk stated on Wednesday that he hopes to choose his successor as Twitter CEO by the end of the year. In response to a question regarding his successor, the billionaire stated via video link at the World Government Summit in Dubai, “I think I need to stabilize the organization and make sure it’s in a…

  • Additional Meta Layoffs, California Robotaxi Testing, and Twitter API Restored

    MORE META LAYOFFS According to reports, Facebook’s parent company, Meta, is contemplating another round of layoffs after eliminating 11,000 jobs, or 13 percent of its global staff, in November. Meta made these cuts in an effort to reduce expenses and boost efficiency as it fights the same financial challenges as the rest of the technology…

  • Mattel Relaunches the Iconic Purple Dinosaur Barney for Children and Adults

    Mattel is giving the Barney franchise a new spin. The toy business intends to renew the well-known purple dinosaur with a new presence across television, film, YouTube, and children’s merchandise, including toys, books, and clothing. According to the business, the revival of Barney is the latest instance of Mattel’s mining “amazing depth and breadth of…