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Continue reading →: Be prepared to work on content you may not agree with | Netflix issues memo;
“We let viewers decide what’s appropriate for them, versus having Netflix censor specific artists or voices,” Netflix says in the updated part of its culture memo. “Depending on your role, you may need to work on titles you perceive to be harmful,” Netflix says. “If you’d find it hard to…
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Continue reading →: Turkey opposes Sweden and Finland NATO membership;
Top diplomats from the Group of Seven (G-7) wealthy nations gathered in northern Germany on Thursday for a three-day meeting centered on Russia’s invasion. Ukrainian President Volodymyr Zelenskyy said Russia’s strategic defeat is “already obvious,” accusing the Kremlin’s forces of trying to hide the truth with missile, air and artillery…
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Continue reading →: Amazon and Facebook to follow Twitter in pulling back on new hiring;
The slowdown in hiring at some companies suggests that executives are becoming more risk averse. Economists cautioned that, overall, the job market remains robust, with the unemployment rate in April at 3.6%, layoffs at historically low levels and many companies still eager to bring on more workers if they can even find…
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Continue reading →: Elon Musk’s $44 billion deal to buy Twitter is “on hold” for the moment | But still committed to acquisition;
“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted. The price of shares in the social media company dipped double digits in premarket trading after the Tesla and SpaceX CEO’s tweet. In his tweet announcing the snag in…
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Continue reading →: Biden administration shipping pallets of baby formula to migrant holding facilities;
According to videos posted by a Florida lawmaker, the Biden administration has been shipping “pallets” of baby formula to migrant holding facilities. “They are sending pallets, pallets of baby formula to the border,” said Republican Rep. Kat Cammack in one of two online postings yesterday. “Meanwhile, in our own district at home,…
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Continue reading →: Biden administration cancels one of the most high-profile oil and gas lease opportunities;
The decision, which halts the potential to drill for oil in over 1 million acres in the Cook Inlet in Alaska. In a statement shared first with CBS News, the Department of the Interior cited a “lack of industry interest in leasing in the area” for the decision to “not…
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Continue reading →: Two senior executives at Twitter are leaving the company unexpectedly;
The departures come weeks after the social-media platform agreed to be acquired by Elon Musk for $44 billion. Bruce Falck, general manager of revenue, and Kayvon Beykpour, general manager of consumer, are leaving after being promoted to their positions in December. That month, Parag Agrawal was announced as the company’s new chief executive, replacing co-founder Jack…
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Continue reading →: Senate Democrats fail to advance a bill seeking to federalize women’s access to abortion;
In a vote designed to draw a clear contrast with Republicans ahead of a potential Supreme Court decision overturning Roe v. Wade looming just months before the midterm elections. The vote was 49 in favor to 51 against, falling short of the 60 votes needed to advance the Women’s Health Protection Act.…
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Continue reading →: JUST IN | Wholesale inflation rose 11%, Bureau of Labor Statistics reported Thursday;
Excluding food, energy and trade services, core PPI rose 0.6% in April and 6.9% from a year ago, the latter a decline from the 7.1% last month. Both monthly increases were exactly in line with Dow Jones estimates. Headline PPI rose 1.6% in March while core was up 0.9%. Those…
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Continue reading →: The House passes legislation to send $40 billion in emergency aid to Ukraine;
House lawmakers voted 368 to 57 to approve the legislation late Tuesday, with the support of all Democrats and a majority of Republicans. The package includes more than $18.7 billion in military and security aid, both to Ukraine and to backfill U.S. defense supplies that have been distributed. Among other…
