Business

The social media company joins Microsoft, Zoom, Okta and others that have laid employees off in the new year.

Need fresh ammo to persuade your boss they shouldn’t make office returns mandatory? Two new studies suggest remote work not only lures more diverse and experienced candidates willing to trade higher pay for flexibility—but that office mandates don’t appear to boost financial performance, hurting job satisfaction instead.

But Apple (shares down 5% this year) and Tesla (down 26%) have watched on the sidelines as their big tech peers have won over investors in 2024.

The electric car maker has already begun issuing over-the-air software updates to fix the issue.

The company is attempting to sell most of its remaining stock of Yeezy footwear at cost, instead of writing it off.

The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.

The seven-time world champion is ending his partnership with Mercedes that dominated F1 from 2013 to 2020.

Human rights activist Grace Forrest has been awarded the Freedom from Fear honour this year for her work eradicating slavery. It is just the second time an Australian has received the prestigious Roosevelt Four Freedoms award.

Talks to renew a licensing deal between TikTok and Universal Music Group fell through Tuesday.

GLP-1 injectable drugs like Ozempic and Wegovy made up a significant portion of the company’s annual sales.