Paramount Global Begins Mass Layoffs After CBS Scores Super Bowl Ratings Victory
How Paramount Global is celebrating Super Bowl ratings win over CBS? By laying off hundreds of employees. Paramount Global, which owns CBS, Paramount Pictures, Pluto TV, Comedy Central, BET and numerous other media properties, will lay off about 800 people, or 3 percent of its workforce, on Tuesday, according to an internal memo from its […]
These global tech stocks are in Citi's 'high-conviction' list. One was given nearly 80% upside – CNBC
Tech stocks have already performed well, and investors may be wondering if there’s more to come. For example, the iShares Global Tech ETF, which is made up of tech stocks from around the world, returned more than 50% in 2023, beating the S&P 500’s 24% return. The ETF has continued its performance this year, up […]
As tax policy goes global, balancing independence and collaboration is crucial
In 2024, the global commerce landscape will become a regulatory battleground, with multiple international organizations competing over their economic agendas. The two main parties to the conflict are based in Paris for the Organization for Economic Co-operation and Development (OECD) and New York for the United Nations. Each plan is poised to make 2024 a […]
Sam Altman wants ‘trillions of dollars’ to jumpstart global AI chip production: report
OpenAI chief Sam Altman reportedly aims to raise “trillions of dollars” to jump-start global production of high-performance computer chips needed for advanced artificial intelligence. . Altman, who was briefly ousted as OpenAI’s CEO last year but returned days later, is in talks with a variety of potential investors to raise a staggering sum of money, […]
‘Love is our first medicine’: treating mental health in Cameroon’s unique refuge | Global development
ELoisa Pentecotisa was begging on the streets of Yaoundé, eating from a trash can while listening to voices, when a team of health workers met her and invited her to join them. The 28-year-old had no idea how long she had been sleeping poorly in the Cameroonian capital. But with severe mental health issues and […]
UN warns of ‘epic suffering’ in Sudan and appeals for $4bn in aid | Global development
The United Nations says there is “epic suffering” in Sudan, with fighting between rival military factions since April causing the world’s largest internal displacement crisis and raising fears of state failure. On Wednesday, the United Nations appealed for $4.1 billion (£3.25 billion) to meet humanitarian needs, as the World Food Program warned that people were […]
Global shark bite deaths doubled in 2023, with Australia high on the list | Sharks
Australia has a disproportionately high number of fatal shark attacks, with isolated areas at higher risk of fatalities, an international study has found. There will be 10 fatal attacks worldwide in 2023, double the five from the previous year, with four of last year’s deaths occurring in Australia. The data shows surfers are slightly more […]
Snap to Lay off 10% of Global Workforce to ‘Promote In-Person Collaboration’
Snap, the maker of the social media platform Snapchat, announced it would lay off 10 percent of its global workforce, or about 500 people, to “facilitate in-person collaboration.” According to one source, the company will lay off 20% of its workforce in 2022, and a small number of employees in its product division in November, […]
Social media and religious freedom raised at global summit as ‘double-edged sword’
of International Religious Freedom (IRF) Summit They met last week in Washington, D.C., with the aim of finding ways to promote religious freedom on social media platforms while also stopping the spread of hate and misinformation. Paolo Carrozza, a member of the Meta Oversight Committee and a speaker at the conference, told Fox News Digital […]
Global cancer cases expected to increase 77 percent by 2050: WHO report
The World Health Organization expects global cancer cases to increase by 77 percent by 2050, according to a new report from the United Nations agency. of The data was released on Friday The organization’s International Agency for Research on Cancer (IARC) examined 2022 data on 36 cancer types from more than 185 countries. IARC revealed […]