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The Latest

  • JPMorgan Is First U.S. Bank To Open A Business Lounge Inside The Metaverse
    JPMorgan Chase
    America's largest bank opened the doors to its virtual lounge in Decentraland called the Onyx Lounge.
  • Norwegian Cruise Line To Drop Mask Requirement Starting Next Month
    Cruise Line
    While masks are no longer required, Norwegian Cruise Line is still recommending guests to wear them outside their rooms.
  • Peloton Moving To Cut Workforce And Replace CEO
    Amazon
    Peloton Interactive will replace John Foley with former Spotify and Netflix CFO Barry McCarthy, effective Wednesday.
  • Meta Threatens To Pull Facebook And Meta From Europe Over Privacy Laws
    Facebook
    Meta said in its annual report that Europe's tightening privacy laws are making it hard for it to offer its services in the region.
  • McDonald's Could Increase Prices As Inflation Dents Profits
    McDonald's
    McDonald's said it may be forced to increase its menu item prices again given the rising costs of operational items such as materials and labor.
  • Robinhood Reports $423 Million Loss For Latest Quarter
    Robinhood
    Robinhood's stock price dropped by more than 15% following the release of its disappointing fourth-quarter results.
  • U.S. Military Investing $60 Million In Commercial Supersonic Flight Company
    Boom
    Boom Supersonic received a $60 million grant from the U.S. Air Force through the agency's AFWERX program.
  • Unilever Planning Global Job Cuts As Part Of Reform Strategy
    Supermarket
    Unilever is reportedly planning to cut its nearly 150,000-strong global workforce, focusing on management roles.
  • Meta Unveils New AI Supercomputer To Run Metaverse
    Facebook
    Meta said its new artificial intelligence Research SuperCluster (RSC) supercomputer should become the world's most powerful by mid-2022.
  • Activist Investor Calling On Resignation Of Peloton CEO
    Peloton
    Blackwells Capital is calling on the resignation of Peloton CEO John Foley and for the company to consider a possible sale.
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