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News Powered By AI
Netflix appointed former Disney executive Peter Rice as chief content officer, replacing 10-year veteran Bela Bajaria as the streamer confronts viewership stagnation and recent workforce reductions.
The FAA approved Boeing’s 737 Max 10 after years of delays, marking the last model in the family to receive certification. Transportation Secretary Duffy said the U.S. should accelerate aircraft approval processes to remain competitive globally.
EBay will cut approximately 1,000 employees, representing 9% of its workforce, marking the company’s second major layoff round this year.
Airbnb has implemented new rules limiting what hosts can require of guests, prohibiting tasks like stripping beds and washing dishes despite mandatory cleaning fees.
Starbucks China is implementing a new policy requiring customers to make purchases to sit in its cafes, effective across all 8,000 stores as the company faces competition from local rivals.
Meta agreed to provide CEO Mark Zuckerberg additional stock compensation to offset potential losses from a proposed California billionaire tax, while keeping him based in the state to lead AI development efforts.
