Amazon Warehouse Workers Stage Global Black Friday Strike Across 40 Countries Over Pay and Working Conditions

Thousands of Amazon warehouse workers are today staging a mass Black Friday strike across 40 countries including the US and Germany in a row over pay and working conditions.

The global strike action on one of the biggest shopping days of the year was called for by campaign group Make Amazon Pay. It has titled the protests ‘Make Amazon Pay Day’.

The initiative, promoted by groups on Twitter under #MakeAmazonPay listed the industrial action planned in the 40 countries across the globe.

Employees at a company workhouse in St Peters, Missouri, will today stop work as part of the protests and Whole Foods stores owned by Amazon will also take labor actions. Strike action will also take place in Bessemer, Alabama; Columbia, Maryland; Detroit, Michigan; Durham, North Carolina; Garner ; Joliet, Illinois; Philadelphia, Pennsylvania; Portland, Oregon; and Washington, D.C.

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Source: Daily Mail




As Daniel Whyte III continues to preach the series “WOKEISM: THE BLOB OF BEELZEBUB” (part 1,2,3,4,5, and 6 are below; the 7th is being preached live tonight on, Gospel Light Society Facebook, Go To Church Online, and many other platforms ), he says, “WOKEISM: THE BLOB OF BEELZEBUB” is so huge most people can’t get their head around it; they are only able to see one side of it, and they unwisely think that that is all there is to WOKEISM. Most people do not understand that WOKEISM is a satanic spirit that descends upon all people, not just certain groups. It works in and through people who are not saved and in people who may be saved but are not prayed up and in the Word as they should be. The biblical definition of WOKEISM is found in 2 Timothy chapter 3, and it is “DECEIVING AND BEING DECEIVED.” In other words, WOKEISM is actually DECEPTIONISM.

For example, some people can only see the side of Racism and Critical Race Theory; some people can only see the side of socialism; some people can only see the side of the ever-increasing abomination of homosexuality and transgenderism; some people can only see the side of the rise of ultra-feminism and the putting down of men in their roles in the family, in the church, and in society. And so, therefore, the truth of the matter is, President Biden is WOKE and President Trump is WOKE. Democrats are WOKE and Republicans are WOKE. Liberals are WOKE and Conservatives are WOKE. Black people are WOKE and white people are WOKE. Mainline liberal churches are WOKE and Conservative evangelical churches are WOKE. Homosexual people are WOKE and straight people are WOKE. And so on.

Because WOKEISM or DECEPTIONISM is a monster satanic spirit unleashed at this time rooted in what Paul prophesied as being a part of the last PERILOUS days: “DECEIVING AND BEING DECEIVED” or what Whyte is dubbing “DECEPTIONISM.” An example of this deceptionism on both sides is: on the liberal side, a Supreme Court justice saying she cannot define what a woman is. And on that same side, others saying that a man can get pregnant. On the conservative side, a former president and even people in congress downplaying the events of January 6, refusing to call it an insurrection and telling people it was just a riot. That same president, former President Trump, running for president again, after almost causing his loyal vice-president Pence to be hung because he did the right thing. It is the age of what the Bible dealt with in the Old Testament and in the New Testament, people saying wrong is right and right is wrong. It is the age of deceptionism.

Daniel Whyte III is preaching the series: “WOKEISM: THE BLOB OF BEELZEBUB” DON’T BE SCARED! As the wisest man who ever lived, King Solomon said, “There is nothing new under the sun.” God used the Apostle Paul to predict what we call WOKEISM. The problem is the Judas, Laodicean church of today was not ready for it, and she took the thirty pieces of silver and was devastated by it to the point that over half of the Evangelical, Baptist, Charismatic, Methodist, Bible, Presbyterian, and what we know as Protestant churches, along with the Pope and the Catholic church has fallen away through the satanic power of WOKEISM: THE BLOB OF BEELZEBUB — DECEPTIONISM

Part 1

Part 2

Part 3

Part 4

Part 5


Part 6


Now, if you are with us today and you do not know Jesus Christ as your Savior, allow me to show you how you can place your faith and trust in Him for Salvation from sin and Hell.

First, accept the fact that you are a sinner, and that you have broken God’s law. The Bible says in Romans 3:23: “For all have sinned and come short of the glory of God.”

Second, accept the fact that there is a penalty for sin. The Bible states in Romans 6:23: “For the wages of sin is death…”

Third, accept the fact that you are on the road to hell. Jesus Christ said in Mark 9:43-48: “And if thy hand offend thee, cut it off: it is better for thee to enter into life maimed, than having two hands to go into hell, into the fire that never shall be quenched: Where their worm dieth not, and the fire is not quenched. And if thy foot offend thee, cut it off: it is better for thee to enter halt into life, than having two feet to be cast into hell, into the fire that never shall be quenched: Where their worm dieth not, and the fire is not quenched. And if thine eye offend thee, pluck it out: it is better for thee to enter into the kingdom of God with one eye, than having two eyes to be cast into hell fire: Where their worm dieth not, and the fire is not quenched.” Also, the Bible states in Revelation 21:8: “But the fearful, and unbelieving, and the abominable, and murderers, and whoremongers and sorcerers, and idolaters, and all liars, shall have their part in the lake which burneth with fire and brimstone: which is the second death.”

Now that is bad news, but here’s the good news. Jesus Christ said in John 3:16: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” Just believe in your heart that Jesus Christ died for your sins, was buried, and rose from the dead by the power of God for you so that you can live eternally with Him. Pray and ask Him to come into your heart today, and He will.

Romans 10:9 & 13 says, “That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved… For whosoever shall call upon the name of the Lord shall be saved.”

If you believe that Jesus Christ died on the Cross for your sins, was buried, and rose from the dead, and you want to trust Him for your Salvation today, please pray with me this simple prayer: Holy Father God, I realize that I am a sinner and that I have done some bad things in my life. I am sorry for my sins, and today I choose to turn from my sins. For Jesus Christ sake, please forgive me of my sins. I believe with all of my heart that Jesus Christ died for me, was buried, and rose again. I trust Jesus Christ as my Savior and I choose to follow Him as Lord from this day forward. Lord Jesus, please come into my heart and save my soul and change my life today. Amen.

If you believed in your heart that Jesus Christ died on the Cross, was buried, and rose again, allow me to say, congratulations on doing the most important thing in life and that is accepting Jesus Christ as your Lord and Saviour! For more information to help you grow in your newfound faith in Christ, go to Gospel Light and read “What To Do After You Enter Through the Door”. Jesus Christ said in John 10:9, “I am the door: by me if any man enter in, he shall be saved, and shall go in and out, and find pasture.”

If you accepted Jesus Christ as your Savior today, please email me at and let us know. There is some free material that we want to send you. If you have a prayer request, please e-mail that to us as well, and we will pray for you until you tell us to stop.

God loves you. We love you. And may God bless you.


Starbucks Workers Strike at More Than 100 American Stores

People chant and hold signs in front of a Starbucks in New York, Thursday, Nov. 17, 2022. Starbucks workers at more than 100 U.S. stores say they're going on strike Thursday in what would be the largest labor action since a campaign to unionize the company's stores began late last year. (AP Photo/Seth Wenig)
People chant and hold signs in front of a Starbucks in New York, Thursday, Nov. 17, 2022. Starbucks workers at more than 100 U.S. stores say they’re going on strike Thursday in what would be the largest labor action since a campaign to unionize the company’s stores began late last year. (AP Photo/Seth Wenig)

Starbucks workers at more than 100 U.S. stores are on strike Thursday in their largest labor action since a campaign to unionize the company’s stores began late last year.

The walkouts coincide with Starbucks’ annual Red Cup Day, when the company gives free reusable cups to customers who order a holiday drink. Workers say it’s often one of the busiest days of the year. Starbucks declined to say how many red cups it plans to distribute.

Workers say they’re seeking better pay, more consistent schedules and higher staffing levels in busy stores. Stores in 25 states planned to take part in the labor action, according to Starbucks Workers United, the group organizing the effort. Strikers are handing out their own red cups with union logos.

Starbucks, which opposes the unionization effort, said it is aware of the walkouts and respects its employees’ right to lawfully protest. The Seattle company noted that the protests are happening at a small number of its 9,000 company-run U.S. locations.

“We remain committed to all partners and will continue to work together, side-by-side, to make Starbucks a company that works for everyone,” the company said Thursday in a statement.

Some workers planned to picket all day while others will do shorter walkouts. The union said the goal is to shut stores down during the strikes, and noted that the company usually has difficulty staffing during Red Cup Day because it’s so busy.

Silvia Baldwin, 26 and Tzvi Ortiz, 31, said they love being baristas at the 34th Street and Chestnut Street Starbucks in Philadelphia. But the work has gotten harder, with the understaffed store trying to fill delivery orders and in-person orders simultaneously.

“It’s just not viable. It’s very stressful,” Ortiz said. “And a lot of people don’t really notice, like, the humans behind this assembly.”

Baldwin, who is on the store’s bargaining committee, is also frustrated that the union hasn’t been able to bargain with Starbucks. Striking on Starbucks’ busiest day felt inspiring and it will “be impossible to ignore,” she said.

Others, including Michelle Eisen, a union organizer at one of the first stores to organize in Buffalo, New York, said workers are angry that Starbucks promised higher pay and benefits to non-union stores. Starbucks says it is following the law and can’t give union stores pay hikes without bargaining.

At a store in Seattle less than three miles from Starbucks’ headquarters, workers said managers were making drinks while baristas picketed outside.

“It’s been almost a year since we told Starbucks that we are unionizing this location and we still have not been able to get them to agree to a time for contract negotiations,” Seattle barista Micah Lakes said. “We’re not going to work the day that is the most important for you if you’re not going to be willing to meet up with us and talk with us about what we need from the company.”

At least 257 Starbucks stores have voted to unionize since late last year, according to the National Labor Relations Board. Fifty-seven stores have held votes where workers opted not to unionize.

Starbucks and the union have begun contract talks at 53 stores, with 13 additional sessions scheduled, Starbucks Workers United said. No agreements have been reached so far.

The process has been contentious. Earlier this week, a regional director with the NLRB filed a request for an injunction against Starbucks in federal court, saying the company violated labor law when it fired a union organizer in Ann Arbor, Michigan. The regional director asked the court to direct Starbucks to reinstate the employee and stop interfering in the unionization campaign nationwide.

It was the fourth time the NLRB has asked a federal court to intervene. In August, a federal judge ruled that Starbucks had to reinstate seven union organizers who were fired in Memphis, Tennessee. A similar case in Buffalo has yet to be decided, while a federal judge ruled against the NLRB in a case in Phoenix.

Meanwhile, Starbucks has asked the NLRB to temporarily suspend all union elections at its U.S. stores, citing allegations from a board employee that regional officials improperly coordinated with union organizers. A decision in that case is pending.


AP Writer Nardos Haile contributed from New York. AP Video Journalist Manuel Valdes in Seattle contributed from Seattle.

Source: Associated Press

How to Execute a Small Project to Expand Your Business on a Budget

Photo by Jo Szczepanska on Unsplash

At some point in the business lifecycle, expansion becomes essential. All the current large companies funnelled tons of money toward expanding their business operations. However, expansion doesn’t have to be large-scale or involve millions of dollars. Your expansion strategy can involve small projects like rebranding your business or increasing your inventory.

This article will discuss the benefits of expanding your business. It will also provide a guide on how you can effectively manage and secure funding for your project.

Why Should You Expand Your Business?

Business expansion has numerous benefits. First, business expansion helps you attract new customers. While you might already have a sizable customer base, the expansion will help introduce new customers to your business by enhancing your visibility. Expansion can also increase your profits. Since you have new customers and your business operations have widened, your business will be well-positioned to increase its sales count and gain more profit.

Tips for Executing an Expansion Project

  1. Ensure Your Business is Ready for Expansion: This is vital because apart from a successful execution, your project must equally fulfill the purpose for which it was created. However, your project will likely only be effective if your business is ready for expansion. Thus, you must ensure that you have enough staff to cater to the increased demand that the expansion will likely produce. You must also ensure that you have enough funds to execute the project.
  2. Align The Project to Your Customer Pool: We have established that it is essential for your project to be effective. One of the best ways to achieve this effectiveness is by aligning your project with your target audience. To achieve this, all the elements of your project must be designed to suit your customers. For example, your expansion project will likely fall flat if you execute a Gen Z-oriented campaign program while your primary customers are boomers or millennials. Thus, it is important to pay close attention to the details of your project and how they will reflect in the market. 
  3. Have an Execution Plan: Project execution is, quite literally, easier said than done. This is because it often requires lots of effort and financial investment. However, you might be unable to execute your expansion project if you do not have an execution plan. What an execution plan does is that it helps you set deadlines and milestones for your project. This way, you have clarity on what you need to do to launch the project at the desired date. As your project expands, you need to ensure that you also have a cybersecurity plan in place. More processes, tasks, and users can lead to network breaches. This is why you should consider getting cyber insurance. Cyber insurance pricing varies from insurer to insurer, but the factor they all take into consideration is whether or not you already have cyber security measures in place. By proving that your data is already secure, you can minimize the cost of your insurance. 

Funding Your Expansion Project

Funding is the most important part of launching an expansion project. Like starting a business, expansion does not come cheap. Fortunately, there are numerous ways you can finance your project. 

One way is to utilize personal funds for the project. However, depending on how intensive the project is, you might need more financial capability to fund it fully. This is why loans are a great alternative. There are different loan options currently on the market. You can get secured loans, unsecured loans, or payday alternative loans. 

However, your loan options might be limited if you have a bad credit score. In such situations, your best option will likely be a share-secured loan. Share secured loans are loans you get by using a savings account as collateral. Share secured loans are beneficial because their qualification requirements are often simple, and their interest rates are also lower. However, you should conduct your research on what is a share secured loan before applying. This will help you get a good grasp of the obligations that come with it.

Final Thoughts

While business expansion can be stressful and demanding, the benefits outweigh the demands. Thus, looking out for funding options that suit your project is vital.

Understanding Factors That Influence Turning Bitcoin to Cash Instantly

The ability to convert Bitcoin to cash instantly is the result of technological advancements used by crypto exchanges, brokers, and physical exchange offices. The blockchain provides a streamlined method of managing Bitcoin transactions without being stressed by or overburdened with a convoluted process. Mining nodes, or miners, are the entities that confirm Bitcoin transactions on the blockchain. These miners confirm transactions through cryptography and keep a record of every transaction. This article will discuss the elements that impact how quickly you may convert your Bitcoin to cash instantly. Let’s continue!

Factors That Affect Converting Bitcoin to Cash Instantly 

This section covers the factors that must be readily available in order to convert Bitcoin to cash instantly. This is so because they are the main determining factors. Let’s examine them individually.

Robust network connection

A network connection is necessary for any Bitcoin transaction you intend to complete including buying, selling, and trading. The speed of the transaction will depend on how robust your network is. A very robust network is required if you want to convert your Bitcoin to cash instantly. This will speed up the process and help you reach your objective far more quickly. This is why anytime you wish to convert your Bitcoin to cash, you really must have a very strong network connection.

Prompt decision

Making a prompt decision on your part can also hasten the process of converting Bitcoin to cash instantly. Some people intend to convert their assets into cash right now, but they have not decided how many of their assets they want to convert. The procedure will be slowed down by indecision. It has an impact on various things including the payment method. If a choice is not made on the method of payment, it will affect how quickly you receive your money.

The platform used

Both centralized and decentralized exchange accounts are available whenever you need to convert Bitcoin to cash instantly. However, the two operate differently, which affects how quickly Bitcoin may be converted to cash. To use the one that will speed up your transaction, you must first grasp how both work when you are ready to use them. Furthermore, both centralized and decentralized exchanges have different working terminologies. Therefore, the speed of transactions varies as a result. To make your desire come true, you must be familiar with which company’s exchange provides the fastest transaction speeds.

Volume of Bitcoins

The amount of Bitcoin you want to convert to cash instantly has an impact on how quickly that can be done. When the amount is significant, it may take some time to find a possible customer who is ready to buy at your price and pay in cash. But the likelihood of being delayed is low with a lower volume.

Concluding Thoughts on Turning Bitcoin to Cash Instantly

You now know factors that can affect converting Bitcoin to cash instantly. You are ready to conduct a speedy transaction whenever you decide it is advantageous.

Digital Marketing Trends to Power Ahead in 2023

Digital marketing has come a long way in the last decade. Taking shape after the development of computing and business intelligence systems, digital marketing has transformed how brands tell stories and talk to their audiences. It is now central to almost every brand’s marketing mix and media plans.

Artificial intelligence and machine learning’s next-generation prowess is letting brands do the unimaginable and tailor advertisements to call people by their names and more. Besides solidifying brand recall, such personalised videos make brands relatable and, when properly executed, show ingenuity, heart, and care on the brand’s part, all of which connect with audiences everywhere.

For instance, Nike’s smash-hit virtual world, Nikeland, attracts millions of users to try out games while dressing their avatars in virtual Nike accessories, mirroring actual commerce. Elsewhere, Hyundai is looking to unite the metaverse and physical world so that users can meet and communicate with one another and experience Hyundai Motor’s mobility offerings in the form of ‘avatars’.

Brands with the right objectives and technological competencies will have a first-mover advantage and will be able to experiment in virtual worlds. They will also be capable of precisely monitoring newer customer preferences—how long users browse virtual products, their spending habits, or how people respond to advertisements.

Additionally, the metaverse will draw in plenty of content creators thanks to its engaging environment, opening the doors for brands to use influencer marketing in an entirely new way and communicate with newer audiences. We’ve only scratched the surface when it comes to the metaverse, with so many other use cases yet to be explored.


Source: India Today

8 Digital Marketing Strategy Insights For Massive Agency Growth In 2023

If there’s one statement that rings true for marketers, it’s that “change is the only constant.”

The marketing landscape can be unpredictable, particularly with the challenges and uncertainty of the past few years.

According to CallRail’s agency growth surveys, 94% of small businesses were seeking help from a marketing agency after the 2020 shutdowns. And this year’s report reveals that 95% of U.S. marketing professionals met their revenue goals last year.

So, what’s next for small business marketers looking to get ahead in 2023?

Are you equipped with the necessary tools, skills, and knowledge to succeed in this ever-evolving landscape?

How should your agency adapt its strategy to accommodate frequent market shifts and prepare for the future?

With agency professionals predicting even more changes for the upcoming year, now’s the perfect time to get on the right track.

In CallRail’s latest report2023 Agency Predictions: Marketing is becoming more complex – and agencies must adapt, you’ll find all the insights you need to give your marketing strategy the boost it needs.

1. Outperform Your Competition With Must-Have Automated Marketing Tools

If you’re looking to set your agency apart from the competition, you’ll want to find ways to make your workflow more efficient – and in this case, automation is a must.

Artificial Intelligence (AI) will be a major player in small business marketing next year, with many top agencies already starting to embrace the technology.

AI is a term that’s commonly tossed around, but what exactly does it mean?

Artificial Intelligence is basically an umbrella term that describes a set of unique but related technologies that can simulate human capabilities.

CallRail’s Conversation Intelligence is an essential marketing tool that uses AI to automatically analyze calls and provide insights into the words and ideas your customers are using. Agencies can then utilize this information to adjust their keyword and marketing strategies.

Andrew R. Mimault, Founder of Mantic Media Group, shared the following about how automated tools have impacted his business:

“Using call transcription, we’re able to listen to the calls, find the specific keywords that people are using and even the vocabulary that we might not have thought to build out – and then add them to our search programs.” 

Read the full report for more details on how this technology could work for your agency.

2. The Evolution Of SEO: How To Adjust Your Digital Marketing Strategy

There was a time when SEO seemed to be all about optimizing your site to rank on Google, and that was pretty much the end of it.

Although search engine optimization (SEO) is still a huge factor in digital marketing strategy, its nature of it has certainly changed.

Today, digital marketers are branching out to include a variety of alternative search engines in their SEO strategy, including Bing. Not to mention, it’s also becoming more common to optimize content specifically for social media platforms.

These changes present a range of new opportunities for marketers of small and mid-sized businesses.

As SEO continues to evolve, you should try implementing the following to create a successful strategy:

  • Testing new search terms.
  • Optimizing for different search engines.
  • Creating different kinds of content for different channels.
  • Assessing your results to see which practices work best.

Start expanding your digital marketing campaigns today with these SEO insights.

3. How Thought Leadership Can Take Your Agency To The Next Level

Every brand wants to be a thought leader. When you’re the one who others within your industry look to for insights, you know you’re doing something right!

Click here to read more.
Source: Search Engine Journal

Elon Musk Warns of Twitter Bankruptcy as More Senior Executives Quit

By Katie Paul and Paresh Dave

(Reuters) -Twitter Inc’s new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a U.S. privacy regulator and the exit of the company’s trust and safety leader.

The billionaire on his first mass call with employees said that he could not rule out bankruptcy, Bloomberg News reported, two weeks after buying it for $44 billion – a deal that credit experts say has left Twitter’s finances in a precarious position.

Earlier in the day, in his first company-wide email, Musk warned that Twitter would not be able to “survive the upcoming economic downturn” if it fails to boost subscription revenue to offset falling advertising income, three people who have seen the message told Reuters.

Yoel Roth, who has overseen Twitter’s response to combat hate speech, misinformation and spam on the service, resigned on Thursday, two people familiar with the matter told Reuters.

In his Twitter profile on Thursday, Roth described himself as “Former Head of Trust & Safety” at the company.

Roth did not respond to requests for comment. Bloomberg and tech site Platformer reported his exit first.

Earlier on Thursday, Twitter’s Chief Information Security Officer Lea Kissner tweeted that she had quit.

Chief Privacy Officer Damien Kieran and Chief Compliance Officer Marianne Fogarty also resigned, according to an internal message posted to Twitter’s Slack messaging system on Thursday by an attorney on its privacy team and seen by Reuters.

Robin Wheeler, the company’s top ad sales executive, told employees in a memo that she was staying at the company, a person who had seen the message said, diverging from earlier media reports that she too would be leaving.

“I’m still here,” Wheeler tweeted late on Thursday.

The U.S. Federal Trade Commission said it was watching Twitter with “deep concern” after the three privacy and compliance officers quit. These resignations potentially put Twitter at risk of violating regulatory orders.

Musk attorney Alex Spiro told some employees in an email late on Thursday that Twitter would remain in compliance.

“We spoke to the FTC today about our continuing obligations and have a constructive ongoing dialogue,” Spiro wrote.

He stated that only Twitter, not individual employees, could be held liable against the orders.

“I understand that there have been employees at Twitter who do not even work on the FTC matter commenting that they could (go) to jail if we were not in compliance – that is simply not how this works,” he wrote.

In his first meeting with many employees at Twitter on Thursday afternoon, Musk warned that the company may lose billions of dollars next year, the Information reported.

Musk added in the email to workers that remote work would no longer be allowed and that they would be expected in the office for at least 40 hours per week.

Twitter, Musk and Spiro did not respond to requests for comment on a potential bankruptcy, the FTC warning, or the departures.

Musk ruthlessly moved to clean house after taking over on Oct. 27 and has said the company was losing more than $4 million a day, largely because advertisers started fleeing once he took over.

Twitter has $13 billion in debt after the deal and faces interest payments totaling close to $1.2 billion in the next 12 months. The payments exceed Twitter’s most recently disclosed cash flow, which amounted to $1.1 billion as of the end of June.

Musk has begun charging $8 a month for the Twitter Blue service that will include a blue check verification.


“We are tracking recent developments at Twitter with deep concern,” Douglas Farrar, the FTC’s director of public affairs, told Reuters.

“No CEO or company is above the law, and companies must follow our consent decrees. Our revised consent order gives us new tools to ensure compliance, and we are prepared to use them,” Farrar said.

In May, Twitter agreed to pay $150 million to settle allegations by the FTC it misused private information, like phone numbers, to target advertising to users after telling them the information was collected only for security reasons.

Twitter’s privacy attorney on Thursday mentioned in the internal memo that Spiro had said that Musk was willing to take a “huge amount of risk” with the company. “Elon puts rockets into space, he’s not afraid of the FTC,” the attorney quoted Spiro as saying.

Twitter’s buyout has sparked concerns that Musk, who has often waded into political debates, could face pressure from countries trying to control online speech.

It prompted U.S. President Joe Biden to say on Wednesday that Musk’s “cooperation and/or technical relationships with other countries is worthy of being looked at.”


Musk told advertisers on Wednesday, speaking on Twitter’s Spaces feature, that he aimed to turn the platform into a force for truth and stop fake accounts.

His assurances may not be enough.

Chipotle Mexican Grill said on Thursday it had pulled back its paid and owned content on Twitter “while we gain a better understanding on the direction of the platform under its new leadership.”

It joined other brands including General Motors that have paused advertising on Twitter since Musk took over, concerned that he will loosen content moderation rules.

(Reporting by Katie Paul in Palo Alto, California and Paresh Dave in Oakland, California; Additional reporting by Jeffrey Dastin in Palo Alto, Diane Bartz in Washington, Yuvraj Malik in Bengaluru and Fanny Potkin and Hyunjoo Jin; Writing by Sayantani Ghosh; Editing by Shounak Dasgupta, Bill Berkrot, Deepa Babington and Sam Holmes)

Source: Yahoo

Facebook Parent Company Meta is Laying Off More Than 11,000 Employees

Meta is laying off 13% of its staff, or more than 11,000 employees, CEO Mark Zuckerberg said in a letter to employees Wednesday.

“Today I’m sharing some of the most difficult changes we’ve made in Meta’s history,” Zuckerberg said in the letter. “I’ve decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go. We are also taking a number of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our hiring freeze through Q1.”

Shares of Meta were up about 5.4% when markets opened.

The layoffs come amid a tough time for Facebook parent company Meta, which provided lukewarm guidance in late October for its upcoming fourth-quarter earnings that spooked investors and caused its shares to sink nearly 20%.

Investors have been concerned about Meta’s rising costs and expenses, which jumped 19% year over year in the third quarter to $22.1 billion. The company’s overall sales declined 4% to $27.71 billion in the quarter while its operating income dropped 46% from the previous year to $5.66 billion.

Click here to read more.
Source: CNBC


FILE – Cash is fanned out from a wallet in North Andover, Mass., June 15, 2018. The U.S. economy grew faster than expected in the July-September 2022 quarter, the government reported Thursday, Oct. 27, 2022, underscoring that the United States is not in a recession despite distressingly high inflation and interest rate hikes by the Federal Reserve. But the economy is hardly in the clear. (AP Photo/Elise Amendola, File)