The best Amazon offers of the day

Photo: Joe Tilli G/O Media may receive a commission 20% discount Ivation Wine Gift Set Time for wineThis wine set consists of an electric corkscrew extractor, a vacuum preserver and corks, a charging base, an aerator and a foil cutter. 36% off Fire TV Stick 4K max This device has Wi-Fi 6 for speed and … Read more

Amazon CEO explains the thinking behind the layoffs as unionized warehouse workers protest outside

CNN business — Amazon CEO Andy Jassy on Wednesday said an “uncertain” economy has prompted the e-commerce giant to move forward with infrequent and wide-ranging layoffs after waging a significant hiring rush for much of the pandemic. “We had a very uncertain economic environment on target, as well as our hiring very aggressively over the … Read more

Twitter is less secure because of Elon Musk’s management style, says former top official

CNN business — Twitter owner Elon Musk’s dictatorial management style is likely to lead the company headlong into unforced commercial errors, content moderation disasters and degradation of core platform features that help protect vulnerable users, according to a former senior Twitter official who led the company’s content moderation before abruptly stepping down this month. The … Read more

Twitter is less secure because of Elon Musk’s management style, says former top official

CNN business — Twitter owner Elon Musk’s dictatorial management style is likely to lead the company headlong into unforced commercial errors, content moderation disasters and degradation of core platform features that help protect vulnerable users, according to a former senior Twitter official who led the company’s content moderation before abruptly stepping down this month. The … Read more

Kroger and Albertsons want to create a grocery empire. The latest supermarket mega-merger failed

New York CNN business — When Christine Martinez found out last month that Kroger and Albertsons were planning to merge in a deal worth nearly $25 billion, she thought, “Here we go again.” Martinez lost his job as a pharmaceutical technician following a previous supermarket mega-merger: Albertsons’ $9 billion tie-up with Safeway in 2014. That … Read more

Is it the last Christmas for Sears?

New York CNN business — Tracy Easterling spent about an hour on Sunday shopping at Sears, which was one of her favorite stores. She ended up having nothing else to show but memories of her. Easterling was at Sears in his hometown of Jersey City, New Jersey, one of only 15 full-line Sears stores still … Read more

Elon Musk says Apple has “threatened to hide” Twitter from its app store

New York CNN business — Elon Musk on Monday said Apple “threatened” to pull Twitter from its iOS app store, a move that could be devastating for the company that Musk just acquired for $44 billion. “Apple (AAPL) has also threatened to withhold Twitter from its App Store, but it won’t tell us why,” Musk … Read more

JCPenney was once a shopping giant. Can he make a comeback?

New York CNN business — Marc Rosen didn’t back down when he was offered the best job at JCPenney last year. A 20th-century retail advocate for middle-class Americans looking for affordable clothing and home furnishings, JCPenney struggled for more than a decade and fell into bankruptcy shortly after the Covid-19 pandemic in 2020. But Rosen, … Read more

A look at Elon Musk’s chaotic first month on Twitter

Cnn — Sunday officially marks one month since the world’s richest man took the helm of Twitter. Around that time, Elon Musk initiated mass layoffs and gave remaining staffers a cryptic ultimatum, reinstated the accounts of controversial figures including former President Donald Trump, and launched — then bulleted — a plan to bill iconic blue … Read more

Apple has a big problem with its supplier’s iPhone factory in China

Hong Kong CNN business — A violent riot by workers at the world’s largest iPhone factory this week in central China is further stirring up Apple’s tight supply and highlighting how the country’s strict zero-Covid policy is hurting global tech companies. The troubles started last month when workers left the factory campus in Zhengzhou, the … Read more