The workplace is opening back up, albeit slowly. Facebook, Microsoft and Uber have all begun slowly reopening their physical workspace — in a highly limited capacity and on a very voluntary basis. “Our goal is to give employees further flexibility, allowing people to work where...
Google got the work-at-home world buzzing on Thursday (March 18) with a blog post by CEO Sundar Pichai detailing the tech giant’s plan to invest $7 billion in offices and data centers across the U.S., with a corresponding creation of 10,000 new full-time jobs. The...
Carvana, the online used car dealership, has invested $500 million to hire new employees and open new facilities, as the company bets on its pandemic-era upswing in sales lasting longer, The Wall Street Journal (WSJ) reported. Carvana, among other similar retailers, has done well during...
McDonald’s is considering selling part of a company it acquired to boost digital orders, The Wall Street Journal (WSJ) reported. McDonald’s bought Dynamic Yield for more than $300 million, according to WSJ. The Israel-based company, which operates independently within McDonald’s, states on its website that...
Many businesses have not accurately reported the impact of the pandemic on their bottom line, The Wall Street Journal reported on Tuesday (Feb. 23). Financial metrics don’t have to follow generally accepted accounting principles (GAAP), which makes it hard for investors to get a good picture...
U.S.-based banking software company Alkami Technology is planning an initial public offering (IPO) that could be valued at $3 million, Reuters reported on Monday (Feb. 22). Alkami has also chosen Goldman Sachs to lead the preparations for the IPO. The company, based in Plano, Texas,...
Operators of U.S. private businesses reported that 2021 is off to a good start overall, but signs of inflation are on the rise, and the jobs market outlook is somewhat gloomy, according to a press release from research firm IHS Markit. The findings were generated...
ViacomCBS is planning a March 4 rollout of Paramount+, its new streaming service rebranded from CBS All Access, the company said in a press release on Tuesday (Jan. 19). The newly rebranded entertainment platform will be launched first in the U.S. and Latin America, followed...
“The future comes one day at a time,” statesman Dean Acheson, architect of the Cold War’s Truman Doctrine once said. While the post-war issues of the 1940s and ’50s clearly carried their own unique set of global challenges, it could be argued that the fallout...