On the night of Jan. 17, a line of people began to form on Colonial Drive in Orlando, Fla. They weren’t waiting to enter a nightclub or a concert, but to be the first customers of a branch of Philippine fried chicken chain Jollibee opening the next day. It was a similar scene to when Jollibee’s flagship U.S. store opened in August 2022 at Times Square in Manhattan.
To some, th…
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Elon Musk, in his first address to Twitter Inc. employees since purchasing the company for $44 billion, said that bankruptcy was a possibility, according to a person familiar with the matter.
Yoel Roth and Robin Wheeler, two executives who until today had emerged as part of Elon Musk’s new leadership team, have resigned, according to another person familiar with the matter, who aske…
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International Monetary Fund Managing Director Kristalina Georgieva was called out Thursday by the World Bank, her previous employer, for applying pressure to boost China’s position in a ranking of economies.
At the beginning of House of Tulip, a short documentary directed by Cydney Tucker, we meet Mariah Moore, a transgender rights activist in New Orleans, as she is leading a meeting about life planning, and in particular, about advanced medical directives and making plans for one’s own death. The scene is a reminder that death is always top of mind in the trans community.
House of Tulip is L…
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The chief executive officer of hit video app TikTok suggested Elon Musk and Twitter Inc. are heading down a risky path.
Shou Zi Chew, whose company has come under fire from U.S. officials, emphasized the importance of investing in sufficient staff to handle content moderation and security. He made the comments in response to questions about whether TikTok could operate effectively if it f…
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Sam Bankman-Fried loved living in the Bahamas. Shacked up in his luxury penthouse with nine FTX colleagues, he could wander Nassau without being hassled.
And the Bahamas loved Bankman-Fried, the prestige of his crypto empire and the potential fortunes that it would bring.
Their relationship, which had seemed innocuous, is now under the spotlight after FTX’s rapid demise, with …
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We’ve become so conditioned by years of watching men fight men onscreen—jabbing with spears, blamming with guns, high-kicking the daylights out of each other with a mighty oof—that, the Amazons of the Wonder Woman movies notwithstanding, it’s a novelty to see women going at it. That’s just one of the pleasures of Gina Prince-Bythewood’s hist…
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Snap Inc. is planning to lay off about 20% of its nearly 6,500 employees following weeks of planning, the Verge reported.
Job cuts will begin on Wednesday with the team working on Minis, small applications made by third-parties which run in the Snapchat app, affected the most, the report said. Zenly, the company Snap acquired in 2017 for social mapping, will also be affected by the workfo…
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U.S. employers added more jobs in June than forecast and the unemployment rate held near a five-decade low, suggesting hiring needs are so far eclipsing concerns about the economic outlook.
Nonfarm payrolls rose 372,000 last month following a revised 384,000 in May, a Labor Department report showed Friday. The unemployment rate held at 3.6% and average hourly earnings rose 0.3% from a mon…
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The Academy of Motion Picture Arts and Sciences has decided not to revoke actor Andrea Riseborough’s Oscar nomination in the Best Actress category, following an investigation into whether aggressive campaigning from her Hollywood peers helped her secure the nod. Riseborough’s nomination prompted extra scrutiny from the Academy after public backlash following its announcement, with c…
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