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☆ We updated our Netflix org chart — including new top advertising, gaming, and marketing leadership — after a year of layoffs and restructuring
▼ + stars: | 2023-01-12 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +2 min

2022 was a transformational year for Netflix that marked the streamer's foray into advertising. We updated our interactive chart of Netflix's power structure and key leaders. Top execs including former marketing chief Bozoma Saint John left the company, and a new guard emerged as Netflix expanded into businesses including advertising and hired execs with experience from Snap and Hulu to lead the charge. The streamer also shuffled around some key execs, restructuring its studio film team and centralizing TV and film for Europe, the Middle East, and Africa under content VP Larry Tanz. As the power dynamics shift at Netflix, we've updated our organizational chart of the top executives at the streaming company and who they report to.

From start to finish, Tuesday's 80th annual Golden Globe Awards was a very queer affair. Here are some of the evening's queerest (and gay Twitter meme-worthy) moments. Jerrod Carmichael apologizes to Jennifer Coolidge 'on behalf of all the gays'Jerrod Carmichael hosted the 80th annual Golden Globe Awards on Tuesday. The 26-year-old actor, who already has two Emmy awards for the same role, was not present to accept her Golden Globe. The Burnett award was started in 2019, with its namesake, comedian Carol Burnett, being its first honoree.

☆ Factbox: Golden Globes 2023: full list of winners
▼ + stars: | 2023-01-11 | by ( Danielle Broadway | ) www.reuters.com time to read: +2 min

[1/6] Steven Spielberg poses with his awards for Best Director in a Motion Picture and Best Picture Drama for "The Fabelmans" at the 80th Annual Golden Globe Awards in Beverly Hills, California, U.S., January 10, 2023. REUTERS/Mario AnzuoniLOS ANGELES, Jan 10 (Reuters) - Hollywood gathered Tuesday for the 2023 Golden Globes, the first major awards show of the season. After diversity and ethics scandals at the Globes organizer - the Hollywood Foreign Press Association - NBC declined to air the ceremony in 2022, but did broadcast it for its 80th anniversary. The following is the full list of winners:MOVIESBEST PICTURE-DRAMA“The Fabelmans”BEST PICTURE-MUSICAL OR COMEDY“The Banshees of Inisherin”BEST ANIMATED FILM“Guillermo del Toro's Pinocchio”BEST PICTURE (NON-ENGLISH LANGUAGE)“Argentina, 1985" (Argentina)BEST ACTRESS, DRAMACate Blanchett, “Tar”BEST ACTOR, DRAMAAustin Butler, “Elvis”BEST ACTRESS, MUSICAL OR COMEDYMichelle Yeoh, “Everything Everywhere All at Once”BEST ACTOR, MUSICAL OR COMEDYColin Farrell, “The Banshees of Inisherin”BEST SUPPORTING ACTRESSAngela Bassett, “Black Panther: Wakanda Forever”BEST SUPPORTING ACTORKe Huy Quan, “Everything Everywhere All at Once”BEST DIRECTORSteven Spielberg, “The Fabelmans”BEST SCREENPLAY“The Banshees of Inisherin,” Martin McDonaghBEST ORIGINAL SCORE“Babylon,” Justin HurwitzBEST ORIGINAL SONG“RRR,” “Naatu Naatu” by Kala Bhairava, M.M. Keeravani, Rahul SipligunjTELEVISIONBEST DRAMA SERIES“House of the Dragon”BEST MUSICAL OR COMEDY SERIES“Abbott Elementary”BEST LIMITED SERIES, ANTHOLOGY SERIES OR TV MOVIE“The White Lotus”BEST ACTRESS, DRAMAZendaya, “Euphoria”BEST ACTOR, DRAMAKevin Costner, “Yellowstone”BEST ACTRESS, MUSICAL OR COMEDYQuinta Brunson, “Abbott Elementary”BEST ACTOR, MUSICAL OR COMEDYJeremy Allen White, “The Bear”BEST SUPPORTING ACTRESS, MUSICAL, COMEDY or DRAMAJulia Garner, “Ozark”BEST SUPPORTING ACTOR, MUSICAL, COMEDY or DRAMATyler James Williams, “Abbott Elementary”BEST ACTRESS, LIMITED SERIES, ANTHOLOGY SERIES or TV MOVIEAmanda Seyfried “The Dropout”BEST ACTOR, LIMITED SERIES, ANTHOLOGY SERIES or TV MOVIEEvan Peters, “Dahmer - Monster: The Jeffrey Dahmer Story”BEST SUPPORTING ACTRESS, LIMITED SERIES, ANTHOLOGY SERIES or TV MOVIEJennifer Coolidge, “The White Lotus”BEST SUPPORTING ACTOR, LIMITED SERIES, ANTHOLOGY SERIES or TV MOVIEPaul Walter Hauser, “Black Bird”Reporting by Danielle Broadway; Editing by Mary Milliken and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Golden Globe awards: Full list of nominees
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +7 min

[1/5] Butler poses backstage after receiving the Breakthrough Performance Award at the 34th Annual Palm Springs International Film Festival Awards gala in Palm Springs, California, U.S., January 5, 2023. REUTERS/Mario AnzuoniJan 10 (Reuters) - Hollywood gathers on Tuesday for the 2023 Golden Globes, the first major awards show of the season. After diversity and ethics scandals at the Globes organizer - the Hollywood Foreign Press Association - NBC declined to air the ceremony in 2022, but will broadcast the show this year for its 80th anniversary. The following is the full list of nominees:MOVIESBEST PICTURE-DRAMA“Avatar: The Way of Water”“Elvis”“The Fabelmans”“Tar”“Top Gun: Maverick”BEST PICTURE-MUSICAL OR COMEDY"Babylon"“The Banshees of Inisherin”“Everything Everywhere All at Once”“Glass Onion: A Knives Out Mystery”“Triangle of Sadness”BEST ANIMATED FILM“Guillermo del Toro's Pinocchio”“Inu-Oh”“Marcel the Shell with Shoes On”“Puss in Boots: The Last Wish”“Turning Red”BEST PICTURE-NON-ENGLISH LANGUAGE“All Quiet on the Western Front" (Germany)“Argentina, 1985" (Argentina)“Close" (Belgium)“Decision to Leave" (South Korea)“RRR" (India)BEST ACTRESS, DRAMACate Blanchett, "Tar"Olivia Colman, “Empire of Light”Viola Davis, "The Woman King”Ana de Armas, "Blonde”Michelle Williams, "The Fabelmans”BEST ACTOR, DRAMAAustin Butler, “Elvis”Brendan Fraser, “The Whale”Hugh Jackman, “The Son”Bill Nighy, “Living”Jeremy Pope, “The Inspection”BEST ACTRESS, MUSICAL OR COMEDYLesley Manville, "Mrs. Harris Goes to Paris"Margot Robbie, “Babylon”Anya Taylor-Joy, “The Menu”Emma Thompson, “Good Luck to You, Leo Grande”Michelle Yeoh, “Everything Everywhere All at Once”BEST ACTOR, MUSICAL OR COMEDYDiego Calva, “Babylon”Daniel Craig, “Glass Onion: A Knives Out Mystery”Adam Driver, “White Noise”Colin Farrell, “The Banshees of Inisherin”Ralph Fiennes, “The Menu”BEST SUPPORTING ACTRESSAngela Bassett, “Black Panther: Wakanda Forever”Kerry Condon, “The Banshees of Inisherin”Jamie Lee Curtis, “Everything Everywhere All at Once”Dolly De Leon, “Triangle of Sadness”Carey Mulligan, “She Said”BEST SUPPORTING ACTORBrendan Gleeson, “The Banshees of Inisherin”Barry Keoghan, “The Banshees of Inisherin”Brad Pitt, “Babylon”Ke Huy Quan, “Everything Everywhere All at Once”Eddie Redmayne, “The Good Nurse”BEST DIRECTORJames Cameron, “Avatar: The Way of Water”Daniel Kwan and Daniel Scheinert, “Everything Everywhere All at Once”Baz Luhrmann, “Elvis”Martin McDonagh, “The Banshees of Inisherin”Steven Spielberg, “The Fabelmans”BEST SCREENPLAY“The Banshees of Inisherin,” Martin McDonagh“Everything Everywhere All at Once,” Daniel Kwan, Daniel Scheinert“The Fabelmans,” Steven Spielberg, Tony Kushner“Tar,” Todd Field“Women Talking,” Sarah PolleyBEST ORIGINAL SCORE“Babylon,” Justin Hurwitz“The Banshees of Inisherin,” Carter Burwell“The Fabelmans,” John Williams“Guillermo del Toro's Pinocchio,” Alexandre Desplat“Women Talking,” Hildur GuðnadóttirBEST ORIGINAL SONG“Lift Me Up” by Tems, Ludwig Göransson, Rihanna and Ryan Coogler (“Black Panther: Wakanda Forever”)“Ciao Papa” by Alexandre Desplat, Roeban Katz, Guillermo del Toro (“Guillermo del Toro's Pinocchio”)“Naatu Naatu” by Kala Bhairava, M.M. Keeravani, Rahul Sipligunj (“RRR")“Hold My Hand” by Lady Gaga, BloodPop, Benjamin Rice (“Top Gun: Maverick”)“Carolina” by Taylor Swift (“Where the Crawdads Sing”)TELEVISIONBEST DRAMA SERIES“Better Call Saul” (AMC)“The Crown” (Netflix)“House of the Dragon” (HBO Max)“Ozark” (Netflix)“Severance” (Apple TV+)BEST MUSICAL OR COMEDY SERIES“Abbott Elementary” (ABC)“The Bear” (FX)“Hacks” (HBO Max)“Only Murders in the Building” (Hulu)“Wednesday” (Netflix)BEST LIMITED SERIES, ANTHOLOGY SERIES OR TV MOVIE“Black Bird” (Apple TV+)“Dahmer - Monster: The Jeffrey Dahmer Story” (Netflix)“The Dropout” (Hulu)“Pam and Tommy” (Hulu)“The White Lotus” (HBO Max)BEST ACTRESS, DRAMAEmma D'Arcy, “House of the Dragon”Laura Linney, "Ozark”Imelda Staunton, “The Crown”Hilary Swank, “Alaska Daily”Zendaya, “Euphoria”BEST ACTOR, DRAMAJeff Bridges, “The Old Man”Kevin Costner, “Yellowstone”Diego Luna, “Andor”Bob Odenkirk, “Better Call Saul”Adam Scott, “Severance”BEST ACTRESS, MUSICAL OR COMEDYQuinta Brunson, “Abbott Elementary”Kaley Cuoco, “The Flight Attendant”Selena Gomez, “Only Murders in the Building”Jenna Ortega, “Wednesday”Jean Smart, “Hacks”BEST ACTOR, MUSICAL OR COMEDYDonald Glover, “Atlanta”Bill Hader, “Barry”Steve Martin, “Only Murders in the Building”Martin Short, “Only Murders in the Building”Jeremy Allen White, “The Bear”BEST SUPPORTING ACTRESS, MUSICAL, COMEDY OR DRAMAElizabeth Debicki, “The Crown”Hannah Einbinder, “Hacks”Julia Garner, “Ozark”Janelle James, “Abbott Elementary”Sheryl Lee Ralph, “Abbott Elementary”BEST SUPPORTING ACTOR, MUSICAL, COMEDY or DRAMAJohn Lithgow, “The Old Man”Jonathan Pryce, “The Crown”John Turturro, “Severance”Tyler James Williams, “Abbott Elementary”Henry Winkler, “Barry”BEST ACTRESS, LIMITED SERIES, ANTHOLOGY SERIES or TV MOVIEJessica Chastain, “George and Tammy”Julia Garner

Once considered taboo in film and television, gay entertainers and characters will be hard to miss at the 80th Golden Globe Awards. Some of the evenings most nominated films — including sci-fi dramedy “Everything Everywhere All at Once” and psychological thriller “Tár,” — and TV series that include “The White Lotus” and “Monster: The Jeffrey Dahmer Story” — star LGBTQ actors or feature fictional queer characters. And to top off the evening, the Golden Globes will honor gay television writer and producer Ryan Murphy, perhaps best known for co-creating “Glee,” “Pose” and the “American Horror Story” franchise, with a lifetime achievement award. While this year’s pool of Golden Globe nominees ups the awards ceremony’s queer factor, many of the most anticipated wins involve seemingly straight actors playing queer characters. The Golden Globes airs on Jan. 10 at 8 p.m. ET/5 p.m. PT on NBC and Peacock.

Jan 4 (Reuters) - Amazon.com Inc's (AMZN.O) layoffs will now stretch to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday. The layoff decisions, which Amazon will communicate starting Jan. 18, will largely impact the company's e-commerce and human-resources organizations, he said. Amazon has more than 1.5 million workers including warehouse staff, making it America's second-largest private employer after Walmart Inc (WMT.N). It began letting staff go in November from its devices division, with a source telling Reuters at the time it was targeting 10,000 job cuts. In number, its layoffs now surpass the 11,000 job cuts at Facebook-parent Meta Platforms Inc (META.O) as well as reductions at other tech-industry peers.

☆ Special Report: Boy Scouts, Catholic dioceses find haven from sex abuse suits in bankruptcy
▼ + stars: | 2022-12-30 | by ( Kristina Cooke Mike Spector Benjamin Lesser Dan Levine Disha Raychaudhuri | Kristina Cooke | Mike Spector | ) www.reuters.com time to read: +19 min

The Boy Scouts, for instance, said on a website the group set up for restructuring that it launched a “comprehensive noticing campaign” in the media. He sought compensation in the Boy Scouts bankruptcy in June, long after a deadline of November 16, 2020 for filing claims. The Boy Scouts bankruptcy reorganization plan, approved by a judge in September, halts all lawsuits against the Boy Scouts, local councils, churches and other organizations that chartered scouting activities. His case was halted by the Boy Scouts bankruptcy. Later that year, in August, he filed his lawsuit against defendants including a Boy Scouts local council and DeSandre.

☆ Palantir lands 75 million pound deal with British military
▼ + stars: | 2022-12-21 | by ( Jeffrey Dastin | ) www.reuters.com time to read: +2 min

Dec 21 (Reuters) - Palantir Technologies Inc (PLTR.N) has signed a three-year, 75 million pound ($91.39 million) deal with the United Kingdom's Ministry of Defense, the U.S. software company said Wednesday, expanding its overseas military work months into the Ukraine war, Europe's biggest conflict since World War II. Palantir will aid military operations and intelligence, further widening access to its software across the defense ministry after a narrower pilot with the Royal Navy that started years ago. Abundant satellite imagery lets military analysts in little time detect changes on the battlefield, with artificial intelligence software identifying tanks, artillery or other targets. Despite the war, Palantir shares have tumbled like other tech stocks this year, falling by about half since March. ($1 = 0.8207 pounds)Reporting by Jeffrey Dastin; Additional reporting by Paresh Dave; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Three sources briefed on OpenAI's recent pitch to investors said the organization expects $200 million in revenue next year and $1 billion by 2024. OpenAI was most recently valued at $20 billion in a secondary share sale, one of the sources said. The startup has already inspired rivals and companies building applications atop its generative AI software, which includes the image maker DALL-E 2. OpenAI has also attracted attention as an AI provider and potential Google search competitor, with ChatGPT answering queries for more than 1 million users so far. OpenAI warns users, ChatGPT "may occasionally produce harmful instructions or biased content."

☆ Golden Globe Awards 2023: See the full list of nominees
▼ + stars: | 2022-12-12 | by ( Lisa Respers France | ) edition.cnn.com time to read: +7 min

CNN —The nominees for the 80th Golden Globe Awards were announced on Monday. Mayan Lopez and Selenis Leyva, two of the stars from “Lopez vs. Lopez,” announced the range of film and television nominees as selected by members of the Hollywood Foreign Press Association (HFPA). Favored Oscars contender “The Banshees of Inisherin” led the film categories, with nominations including best musical or comedy film. It stars Colin Farrell and Brendan Gleeson. The ceremony, which was not broadcast last January over controversy surrounding the HFPA, will return to NBC on Jan. 10.

[1/4] Cast members Jay Ellis, Miles Teller, Tom Cruise, Glen Powell and Greg Tarzan Davis, and producer Jerry Bruckheimer pose for photographs during a news conference to promote the film 'Top Gun: Maverick' at a hotel in Seoul, South Korea, June 20, 2022. REUTERS/Heo RanLOS ANGELES, Dec 12 (Reuters) - Nominations for the annual Golden Globe awards for film and television were announced on Monday. Winners will be announced Jan. 10 in a televised ceremony on Comcast Corp's (CMCSA.O) NBC. The broadcaster dropped the Globes telecast last year after a Los Angeles Times investigation highlighted the organization's ethical and financial failures and revealed that none of the then-87 members were Black. Following is a list of nominees in key categories:MOVIESBEST DRAMA“Avatar: The Way of Water”“Elvis”“The Fabelmans”“Tar”“Top Gun: Maverick”BEST COMEDY OR MUSICAL“Babylon”“The Banshees of Inisherin”“Everything Everywhere All At Once”“Glass Onion: A Knives Out Mystery”“Triangle of Sadness”BEST ACTOR, DRAMAAustin Butler: “Elvis”Brendan Fraser: “The Whale”Hugh Jackman: “The Son”Bill Nighy: “Living”Jeremy Pope: “The Inspection”BEST ACTRESS, DRAMACate Blanchett: “Tar”Olivia Colman: “Empire Of Light”Viola Davis: “The Woman King”Ana de Armas: “Blonde”Michelle Williams: “The Fabelmans”BEST ACTOR, COMEDY OR MUSICALDiego Calva: “Babylon”Daniel Craig: “Glass Onion: A Knives out Mystery”Adam Driver: “White Noise”Colin Farrell: “The Banshees of Inisherin”Ralph Fiennes: “The Menu”BEST ACTRESS, COMEDY OR MUSICALLesley Manville, “Mrs.

☆ What People Googled in 2022: Wordle, Ukraine, Queen Elizabeth
▼ + stars: | 2022-12-07 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

Wordle was the most-searched term around the globe in 2022, edging out terms such as World Cup, iPhone 14 and Jeffrey Dahmer . Wordle, a once-a-day online word game, exploded in popularity at the start of the year and peaked in search results in February, according to figures compiled by Google, a division of Alphabet Inc. Wordle, which was acquired by the New York Times in January, was the top-searched term both in the U.S. and globally.

☆ 2022 People’s Choice Awards: The winners list
▼ + stars: | 2022-12-07 | by ( Lisa Respers France | ) edition.cnn.com time to read: +3 min

CNN —The fans have spoken about what they found to be the best in movies, television, music and pop culture. “Saturday Night Live” cast member and comedian Kenan Thompson hosted the 2022 People’s Choice Awards from the Barker Hangar in Santa Monica, California, which aired on NBC and E! Award-winning actor, producer, screenwriter and entrepreneur Ryan Reynolds was honored with the People’s Icon Award, while Emmy and Grammy award-winning performer Lizzo was presented with the People’s Champion Award. Lizzo is seen performing at the Citi Concert Series for the 'Today' show at the Rockefeller Plaza on July 15, 2022 in New York City. Shania Twain performs on stage during the 2022 People's Choice Awards held at the Barker Hangar on December 6, 2022 in Santa Monica, California.

☆ 'Wordle' and 'Queen Elizabeth' were among the top 10 Google searches in the US in 2022. Here's the full list.
▼ + stars: | 2022-12-07 | by ( Samantha Delouya | ) www.businessinsider.com time to read: 1 min

#10: Jeffrey DahmerA picture of Jeffrey Dahmer on the left, and Evan Peters playing Dahmer in Monster: The Jeffrey Dahmer Story on the right. Netflix and Eugene Garcia/Getty ImagesNetflix's smash hit TV series "Monster: The Jeffrey Dahmer Story" was released in late September and quickly climbed the ranks to become one of the streaming service's most popular shows. After just 60 days, the show clocked more than 1 billion hours of viewing, according to Netflix. However, "Dahmer" has faced backlash from some of the serial killer's victims' family members, who said the show has retraumatized them.

☆ Amazon's cloud unit wants to widen appeal of cashier-less tech
▼ + stars: | 2022-12-01 | by ( Jeffrey Dastin | ) www.reuters.com time to read: +2 min

LAS VEGAS, Dec 1 (Reuters) - Amazon.com Inc (AMZN.O) hopes to interest a wider range of industries in the technology it developed for cashier-less checkout at brick-and-mortar shops, a vice president said. Since 2020, it has sold these systems to food and retail markets in airports, professional and university stadiums, and a convention center. In India, an area of growth for Amazon, it has bought another cashier-less company called Watasale, he said. TechCrunch in September reported Watasale's founders had moved to the online retailer, but Amazon had no comment on the acquisition at the time. Reporting by Jeffrey Dastin in Las Vegas; Editing by Howard GollerOur Standards: The Thomson Reuters Trust Principles.

Akin to lengthy nutrition labels, Amazon's so-called AI Service Cards will be public so its business customers can see the limitations of certain cloud services, such as facial recognition and audio transcription. The goal would be to prevent mistaken use of its technology, explain how its systems work and manage privacy, Amazon said. The cards would address AI ethics concerns publicly at a time when tech regulation was on the horizon, said Kearns. Amazon chose software touching on sensitive demographic issues as a start for its service cards, which Kearns expects to grow in detail over time. In 2019, Amazon contested a study saying the technology struggled to identify the gender of individuals with darker skin tones.

☆ Amazon unveils supply-chain, cloud services drawing on its retail arm
▼ + stars: | 2022-11-29 | by ( Jeffrey Dastin | ) www.reuters.com time to read: +1 min

At its annual Las Vegas conference, the cloud unit also showed off AWS Clean Rooms, which allows businesses to tailor ads to customers while maintaining their privacy, among other applications. The services are part of Amazon's long-time strategy to develop functions for its e-commerce arm and then offer them to other companies. At the same time, Amazon's cloud has lost out on sales to brick-and-mortar retailers which are reluctant to hire a company that is also their e-commerce competitor. Other new services it announced include Amazon Omics for genomic analysis and Amazon Security Lake, which helps businesses assemble data from cybersecurity vendors and other sources. Reporting by Jeffrey Dastin in Las Vegas; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

☆ Amazon touts new data, security services to win cloud business
▼ + stars: | 2022-11-29 | by ( ) www.reuters.com time to read: 1 min

LAS VEGAS, Nov 29 (Reuters) - Amazon.com Inc (AMZN.O) on Tuesday announced data and security services for businesses in an effort to win more sales and stay the largest cloud-computing provider, ahead of rivals Microsoft Corp (MSFT.O) and Alphabet Inc's (GOOGL.O) Google. At an annual conference in Las Vegas, its cloud division announced Amazon DataZone to help businesses control access to internal data, with Fox Corp as one of the launch customers, according to a press release. Other new services included Amazon Security Lake helping enterprises aggregate information from cybersecurity vendors and other sources. Reporting By Jeffrey Dastin in Las VegasOur Standards: The Thomson Reuters Trust Principles.

☆ Virginia Walmart mass shooting survivor files $50 million lawsuit
▼ + stars: | 2022-11-29 | by ( ) www.cnbc.com time to read: +6 min

"Bullets whizzed by Plaintiff Donya Prioleau's face and left side, barely missing her," the lawsuit states. The lawsuit alleges that Bing "had a personal vendetta against several Walmart employees and kept a 'kill list' of potential targets prior to the shooting." The lawsuit states that she also informed Walmart that Bing called her a "bitch" under his breath. Before the shooting, Bing told co-workers that "the government was watching him," the suit says. Jessica Wilczewski, a Walmart employee who witnessed the shooting, told The Associated Press last week that Bing seemed to target certain people.

☆ Shoppers expected to spend on Black Friday, despite inflation
▼ + stars: | 2022-11-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

The holiday shopping season looks much different than it once did. Instead of doorbuster deals on Black Friday, retailers began their holiday sales in early fall. Shoppers are once again expected to buy around key holidays like Black Friday and also buy later in the season, hoping to land deals. Overall, holiday sales are expected to grow this year, but at a slower pace than last year. Holiday sales will increase by up to 8% this year, the National Retail Federation projects.

☆ Surprise: Dollar Tree’s $1.25 price strategy is actually working
▼ + stars: | 2022-11-23 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

Other companies have also raised prices, so Dollar Tree has been shielded from major customer blowback. Sales at Dollar Tree stores increased 8.6% last quarter compared to a year ago, the company, which also owns Family Dollar, said Tuesday. “Our transition to the $1.25 price point has enabled our merchants to greatly enhance value,” Dollar Tree CEO Michael Witynski said on a call with analysts Tuesday. Dollar Tree has since brought back some of these items at $1.25 and expanded its offerings of meat, pizza, breakfasts and other consumable items. Dollar Tree is also adding more $3 and $5 items to stores, building on a previous strategy.

☆ How Elon Musk’s Twitter Faces Mountain of Debt, Falling Revenue and Surging Costs
▼ + stars: | 2022-11-21 | by ( Mark Maurer | ) www.wsj.com time to read: +10 min

Elon Musk says his $44 billion Twitter takeover might result in a bankruptcy filing. To make the deal work, Mr. Musk has been trying to add subscription revenue and reassure advertisers about the platform’s future. What’s more, the company’s debt stack now includes floating-rate debt, meaning that interest costs are set to rise as the Federal Reserve continues to increase interest rates. Twitter’s credit ratings, which were below investment grade before the transaction with Mr. Musk, have deteriorated further. For that, Mr. Musk would need to persuade potential investors that he has a viable long-term business plan, he said.

☆ 'The Walking Dead' series finale review: Episode 24 of the extended 11th season finally comes to an end, after biting off more than it could chew (SPOILERS)
▼ + stars: | 2022-11-21 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +4 min

Editor’s Note: The following contains spoilers about “The Walking Dead” series finale, “Rest in Peace,” which premiered November 20. CNN —Forgive AMC, at least a little bit, for almost drunkenly celebrating “The Walking Dead” in its heyday by feeding audiences as much content related to the zombie drama as they possibly could. In its early seasons, “The Walking Dead” excelled in part because of its unpredictability, as the montage of characters who had died reminded the audience. Those plans later morphed into a limited series, but the sense that “The Walking Dead” was no longer the priority in AMC’s “Dead” universe had been pretty well cemented. Television is always hungry for another hit, and at its height “The Walking Dead” was the TV equivalent of a supernova.

☆ Amazon laid off some devices unit staff as it targets 10,000 cuts
▼ + stars: | 2022-11-16 | by ( Jeffrey Dastin | ) www.reuters.com time to read: +4 min

Amazon executive Dave Limp in a blog post said the company had decided to consolidate teams in its devices unit, which popularized speakers that consumers command through speech. At the time, Amazon touted sales of more than 100 million Alexa devices, a figure it has not since refreshed publicly. Founder Jeff Bezos later said the company often sold Alexa devices at a discount and sometimes below cost. For Amazon, the cuts sharply contrast with efforts months ago to double its base pay ceiling to compete more aggressively for talent. Under his tenure Amazon announced the end of its virtual healthcare service for employers and pruning of its much-hyped autonomous sidewalk delivery program.

☆ Amazon starts cost cuts with layoffs at devices, services units
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +2 min

Nov 16 (Reuters) - Amazon.com Inc (AMZN.O) is laying off employees in its devices and services units, America's second largest private employer informed its staff on Wednesday following recent reports that it would cut around 10,000 jobs. The e-commerce giant did not share details on the number of jobs it will cut or a time period. Some individuals working on Alexa took to networking site LinkedIn on Tuesday saying they have lost their jobs. At the time, Amazon touted sales of more than 100 million Alexa devices, a figure it has not since refreshed publicly. Founder Jeff Bezos later said the company often sold Alexa devices at a discount and sometimes below cost.

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