Quartzflipped into UK1 day agoThe FTC is preparing a wide-ranging antitrust lawsuit against Amazonverified_publisherQuartz - Diego LasarteThe US Federal Trade Commission (FTC) is reportedly preparing an antitrust lawsuit against Amazon. The potential legal action, first reported in the Wall Street Journal, is expected to target a wide array of the e-commerce giant’s business practices. The FTC has been in the process of investigating …
Quartzflipped into Quartz Obsession podcast1 day agoWhat the YouTube strike means for Big Tech's return to office plansverified_publisherQuartz - Michelle ChengA group of YouTube contractors went on strike today outside the Google office in Austin, Texas, after the tech giant announced a return to office by Feb. 6. The workers are employed by Cognizant, which is a subcontractor for Google parent company Alphabet. The strike was part of a bigger movement of …
Quartzflipped into Machines with Brains1 day agoShell is more serious about share buybacks than renewablesverified_publisherQuartz - Aurora AlmendralShell’s profits hit a record high of $42.3 billion in 2022—double what it made in 2021, and perhaps the highest profits posted by any British company in history. How Shell spent those profits left little doubt about its priorities: $26 billion went toward dividends and buybacks for its …
Quartzflipped into UK1 day agoThe media got the layoff story wrongverified_publisherQuartz - Tim FernholzToday’s astonishing employment number—US government statisticians estimate more than half a million jobs were added to the economy, nearly three times what was expected—highlight the problem with coverage of corporate layoffs. There have been blaring headlines about layoffs at technology firms and …
Quartzflipped into Beijing Winter Olympics 20221 day agoActivision Blizzard was fined $35 million for neglecting employee complaintsQuartz - Diego LasarteThe settlement marked the end of an extensive SEC investigation
Quartzflipped into China's Influence1 day agoWhy the US labor market seems to be unbreakableQuartz - Nate DiCamilloWorkers are still quitting their jobs at record highs.
