Meta, the company behind Facebook, Instagram, and WhatsApp, has been shaking things up with its artificial intelligence (AI) division. The big boss, Mark Zuckerberg, brought in a young tech whiz, Alexandr Wang, to lead a new team called TBD Lab. This team is made up of some of the brightest AI minds
Pizza Hut is in a tough spot. Yum Brands, the company that owns Pizza Hut, has decided to look at different ways to improve the pizza chain. This could mean selling it, teaming up with someone else, or just selling a part of it. The goal is to figure out what's best for Pizza Hut's future. Pizza Hu
Office Depot and OfficeMax, two big names in office supplies, are shutting down almost 100 more stores. This is not just a recent thing. It has been going on for a while. The company that owns them, ODP Corporation, has been struggling. This is because people are buying things online more often. The
Amazon is making some big moves. They're cutting 14, 000 corporate jobs. That's about 4% of their workforce. Why? They want to streamline things and focus more on AI. It's a big shift, but it's not surprising. You see, Amazon has been under a lot of pressure lately. Investors want them to tighten t
Meta, the tech giant behind Facebook and Instagram, has recently announced that some jobs in its risk division are being cut. This is because the company is shifting towards using more automated processes instead of manual reviews. Michel Protti, Meta's chief compliance and privacy officer of produc
Molson Coors Beverage Company is making some big changes. They plan to cut about 400 jobs, which is 9% of their salaried workforce in the Americas, by the end of this year. This is part of a bigger plan to restructure the company. Why are they doing this? Well, it's not easy out there. Companies in
A big change is happening at Paramount. The company has joined forces with Skydance Media in a deal worth $8 billion. This merger is set to reshape Paramount into a tech-savvy entertainment giant. The new company will be led by David Ellison, who will serve as both chairman and CEO. The merger mean
Shailesh Jejurikar, a 58-year-old executive, is set to take the helm at Procter & Gamble (P&G) on January 1st. He will succeed Jon Moeller, who has been at the company's head since 2021 and will now take on the role of executive chairman. Jejurikar, who has been with P&G since 1989, has a strong tra
Paramount Global has been through a lot lately. The company has been in talks with Skydance Media for over a year. They finally agreed to merge in July 2024. But the deal had to go through the FCC. That process was not easy. Critics said Paramount paid $16 million to settle a lawsuit. They thought t
Big changes are happening in the world of cable TV. Disney and Hearst, the owners of A&E, Lifetime, and History, have put these channels up for sale. This isn't the only shake-up happening. Other big companies like NBCUniversal and Warner Bros. Discovery are also selling off some of their TV channel
