Alphabet CEO Sundar Pichai: CNBC interview

Alphabet CEO Sundar Pichai: CNBC interview

CNBC: Sundar Pichai, CEO of Alphabet and Google being interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said that while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the broader market. “We definitely see uncertainty ahead, like everyone else,” Pichai told … Read more

China may chalk up more debt as lockdowns hit the economy

China may chalk up more debt as lockdowns hit the economy

Covid lockdowns have hit China’s economy, and the Asian giant might have to issue more debt to continue meeting its growth target. Kevin Frayer | Getty Images News | Getty Images China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are stunting its economy. … Read more

McDonald’s franchisees worry new grading system will alienate workers

McDonald’s franchisees worry new grading system will alienate workers

McDonald’s franchise owners are expressing concern and frustration over a new grading system the fast food giant is planning to roll out early next year, with some saying it’s poor timing due to unprecedented pressures in the workforce. The company plans to enact the system, called Operations PACE, which stands for Performance and Customer Excellence, … Read more

Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Regulators in five states simultaneously filed emergency orders Wednesday against a virtual casino they say has ties to Russia and that has been operating in the metaverse, a digital world where participants can interact with each other, purchase products and even gamble. State law enforcement officials say Flamingo Casino Club’s operators failed to disclose its … Read more

Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Regulators in five states simultaneously filed emergency orders Wednesday against a virtual casino they say has ties to Russia and that has been operating in the metaverse, a digital world where participants can interact with each other, purchase products and even gamble. State law enforcement officials say Flamingo Casino Club’s operators failed to disclose its … Read more

Tech layoffs, hiring slowdown stand out in red-hot job market

Tech layoffs, hiring slowdown stand out in red-hot job market

San Francisco Compassandcamera | Getty Images US employers added more jobs than expected in April amid a tight labor market, the Bureau of Labor Statistics reported Friday. But the tech sector, which boomed during the pandemic, is showing signs of contraction. Facebook parent company Meta is pausing hiring and scaling down some recruitment plans, Insider … Read more

Is Japan open to travelers? Some locals not ready to reopen borders

Is Japan open to travelers?  Some locals not ready to reopen borders

As countries across Asia reopen to international travelers, Japan – one of the continent’s most popular destinations – remains firmly closed. That may soon change. Prime Minister Fumio Kishida announced Thursday at a news conference in London that Japan will ease border controls in June. Locals often celebrate the easing of pandemic-related border restrictions, but … Read more

Is Japan open to travelers? Some locals not ready to reopen borders

Is Japan open to travelers?  Some locals not ready to reopen borders

As countries across Asia reopen to international travelers, Japan – one of the continent’s most popular destinations – remains firmly closed. That may soon change. Prime Minister Fumio Kishida announced Thursday at a news conference in London that Japan will ease border controls in June. Locals often celebrate the easing of pandemic-related border restrictions, but … Read more