Quick Glance: Meta pays 'staggering' $181 million to return unused office space
- Facebook's parent company has terminated its lease on a central London location 18 years earlier than expected, vacating the eight-story building at 1 Triton Square.
- Like many other Big Tech companies, Meta has been transitioning its staff to three days a week in the office.
- The company has also recently acquired all the floors in its office building on Brock Street, near Euston train station.
- Meta's significant spending, especially to exit its lease at Triton Square, has astonished analysts.
Susanne Daubner bringt auf Sendung gewöhnlich nichts aus der Ruhe. An diesem Morgen kommt der ...
Quick Glance: Sprecherin Daubner's Laughing Fit on ARD Morning Magazine
- Daubner bursts into laughter and can't stop for almost a minute.
- Daubner returns to the moderator team, who welcomes her with a remorseful gesture.
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Quick Glance: Meta Connect: New Products and Features Revealed
- Meta unveils Quest 3, the first mainstream headset for mixed reality
- Over 100 new and upgraded games for the latest headset
- Microsoft's Xbox Cloud Gaming coming to the Quest platform in December
- Meta introduces over two dozen chatbots for social media
Quick Glance: Rising Oil Prices Drive US Drilling, Costs Increase - Dallas Fed
- Oil and gas activities in three key energy producing US states are increasing with the recent rise in energy prices.
- Survey shows optimism in the oil industry despite increased costs for oilfield services.
- Exploration activities are driving the increase, with the survey's business activity index rising to 10.9 in the third quarter.
- Cost inflation remains a factor, but rising oil prices may finally encourage more drilling.
Quick Glance: Incompetent Members Appointed to Johannesburg Property Company
- Nomoya Mnisi is responsible for the Johannesburg Property Company.
- A cashier, a receptionist, and a person without matric have been appointed to the board of the Johannesburg Property Company (JPC).
- The JPC board was appointed by her.
- The CEO reports to the board, which reports quarterly to the mayoral committee member - in this case, Mnisi.
Four of South African state utility Eskom's 15 coal-fired power plants are ...
Quick Glance: Exclusive: Eskom increases pollution to maintain power supply in South Africa
- Country faces unprecedented power crisis
- Maintenance delays and increased operation of Eskom plants
- Four facilities breach emissions limits
Quick Glance: FTC Files Landmark Monopoly Lawsuit Against Amazon
- The U.S. Federal Trade Commission files a groundbreaking antitrust lawsuit against Amazon.
- Big Tech is accused of monopolizing the most profitable parts of the internet.
- The FTC requests the court to consider compelling the online retailer to divest assets.
- Amazon opposes the lawsuit, claiming it would harm consumers.
Quick Glance: Amazon Prime Video to Introduce Ads or $2.99 Monthly Fee for Ad-Free Viewing
- Amazon Prime Video will display ads during shows and movies starting early next year.
- Prime members can pay $2.99 per month to keep the service ad-free.
- Live events on Amazon Prime, such as sports, already include advertising.
- Amazon Prime Video is part of a much larger array of benefits that come with Amazon Prime membership.
Quick Glance: Officer Charged: Chris Kaba's Killing
- Latest update
- Chris Kaba was shot and killed in Streatham Hill on September 6, 2022.
- More details on this ongoing update will be provided shortly.
5 things you need to know about Instacart CEO Fidji Simo: Fidji Simo is the CEO of Instacart, which starts trading today on Nasdaq.
Quick Glance: Facebook News Abolition: Urgent Threat to Democracy
- Meta's decision to abolish Facebook News is deemed an urgent threat to democracy.
- The move is financially damaging for newspapers and deeply concerning for democracy and society.
- Meta has also decided not to renew funding for the Community News Project, which supports journalism in underserved communities.
- Meta's decision to deprioritize authoritative sources of news within its news feed has further harmed publishers' ability to attract and monetize traffic.
The switch to electromobility is intended to reduce CO₂ emissions and help make the world climate ...
Quick Glance: Electric Cars: The Truth about Climate Neutrality
- Electric mobility reduces CO₂ emissions, but less than expected.
- New calculations reveal exaggerated hopes for climate neutrality.
ABC News anchor David Muir named winner Walter Cronkite awardee for his 'global impact'
Quick Glance: Meta to Launch Verification for WhatsApp Business Owners
- Meta is planning to introduce verification for businesses on WhatsApp.
- Businesses must demonstrate their authenticity to become Meta verified.
- Verified businesses will receive a badge, enhanced account support, and impersonation protection.
- Small businesses will test Meta Verified before it becomes available to all businesses on the WhatsApp Business Platform in the future.
Quick Glance: Bob Ross's First TV Painting Up for Sale for Almost $10m
- A Minneapolis gallery is now asking for nearly $10m for 'A Walk in the Woods', the first of over 400 paintings Ross produced on-air for his TV series 'The Joy of Painting'.
- Nelson was introduced to art through Ross's show and admired his paintings.
- On the first show, Ross, with his perm, full beard, and unbuttoned shirt, emphasized that painting didn't need to be pretentious.
- None of Ross's paintings, including 'A Walk in the Woods', would be mistaken for masterpieces.
Quick Glance: Amazon to Invest $3.5 Billion in New Albany Data Centers
- Amazon will invest $3.5 billion to expand its data centers in New Albany.
- According to the agreement, Amazon will spend $1.8 billion on buildings and $1.7 billion on equipment.
- The five new data centers are part of Amazon's development project on the property.
- Amazon plans to have up to 30 data centers on the property, straddling Beech Road near Miller Road.
Auto workers are on strike at General Motors, Ford and Stellantis ...
UAW strike Day 4
Quick Glance: UAW resumes talks with Stellantis, Chrysler's parent company
- The United Auto Workers and Stellantis have resumed their negotiations as the strike against the Detroit Three automakers enters its fourth day.
- Analysts and industry representatives are questioning how long it will take for the UAW to strike at additional locations to increase pressure on the automakers.
- The strikes have halted production at plants in Michigan, Ohio, and Missouri that manufacture the Ford Bronco, Jeep Wrangler, Chevrolet Colorado, and other popular models.
- Ford has temporarily laid off 600 non-striking workers at the Michigan Bronco plant due to the impact of the work stoppage.
Quick Glance: WhatsApp launches in-chat payment service for businesses in India
- Meta, the parent company, aims to boost revenue by tapping into the messaging service's largest market.
- Hundreds of millions of WhatsApp users in India can pay for products and services through the chat app.
- Shoppers can buy products and services from businesses using credit cards, debit cards, WhatsApp Pay, and India's public digital payments network UPI starting from Wednesday.
- WhatsApp has the potential to be among the top three digital payment apps in India.
Quick Glance: Arrest of Three Relatives in Connection with Sara Sharif's Murder
- According to a post-mortem examination, Sara Sharif sustained 'multiple and extensive injuries'.
- Urfan Sharif (41), his wife Beinash Batool (29), and his brother Faisal Malik (28) were arrested at Gatwick Airport.
- The three adults, who lived with her, left the UK one day before the police discovered Sara's body.
- Sara's father, his wife, and his brother flew from an airport in Sialkot, Punjab province, to Dubai on Wednesday morning.
Quick Glance: Instacart IPO: $30 per share, $10 billion valuation
- Instacart prices long-awaited IPO at $30 per share
- Instacart valued at about $10 billion
- 22 million shares sold in the IPO
- Instacart starts generating earnings in Q2 2022
Quick Glance: Amazon sued for price manipulation and unfair competition
- US regulators and 17 states are suing Amazon for allegations of using its market position to increase prices and overcharge sellers.
- They are seeking a permanent court injunction to prevent Amazon from continuing its unlawful behavior and restore competition.
- The complaint accuses Amazon of engaging in anti-competitive practices that discourage sellers from offering lower prices on other websites.
- The lawsuit also claims that Amazon forces sellers to use its Fulfillment by Amazon logistics service to qualify for Amazon Prime, despite their preference for alternative shipping services.
Quick Glance: Arm: UK Chip Designer Makes Successful Market Comeback
- Arm returns to the stock market after a long absence.
- CEO Rene Haas sees significant growth potential due to investments in artificial intelligence.
- Arm chooses Nasdaq listing for its experience with large share sales by tech firms.
- Softbank sells 95.5 million shares for $51 each.
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