Several airlines have criticized Boeing for delivery delays.Ryanair CEO Michael O'Leary said the airline would likely cut traffic expectations for next year.The delays could mean fewer routes for passengers, and flying on older planes. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on th ...

IDC recently estimated that iPhone shipments rose 3.5% in the third quarter.Analysts are optimistic about Apple's iPhone 16 sales going into the holiday season.Apple shares hit a record intraday high earlier this week. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email a ...

Taiwan Semiconductor Manufacturing Company just reported a 54% rise in third-quarter net profit.TSMC's growth was driven by strong demand for artificial intelligence technology.But the market is questioning whether the euphoria over AI and AI chips is sustainable. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a persona ...

Company Reorganization - Meta reorganized some of its major units, cutting roles at Instagram, Reality Labs, and WhatsApp [1][2] - The company is moving some teams to different locations as part of its long-term strategic goals and location strategy [1][3] - Meta is looking for jobs for staff whose roles were eliminated [2] Workforce Reduction - Meta has laid off thousands of workers as part of CEO Mark Zuckerberg's push for efficiency [1] - As of March, Meta had cut 22% of its workforce since the company's first mass layoff at the end of 2022 [4] - The company's workforce grew from about 45,000 at the end of 2019 to about 70,000 as of June 30 [4] Employee Impact - A former Meta employee, Jane Manchun Wong, confirmed her role was impacted by the reorganization [4] - Meta is moving some employees to different roles as part of the changes [3]

Apple Chief People Officer Carol Surface is leaving after less than two years, Bloomberg reports.Surface's exit adds to the number of top-ranking employees set to leave or switch roles soon.Surface reported directly to Apple CEO Tim Cook. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...

General Motors is investing $625 million in the electric vehicle supply chain.The funds will help Lithium Americas Corp develop and operate a major lithium mine in Nevada.Despite EV production cuts, GM aims to strengthen the domestic lithium supply chain. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized fee ...

Netflix's stock recently hit an all-time high, but can the growth keep going?The US and Canada drive 70% of Netflix's revenue growth and are crucial for its future ad expansion.Wall Street analysts unpack the major challenges Netflix is facing moving forward. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized ...

Amazon is anchoring a $500 million financing round for X-energy to develop modular nuclear reactors.The first sites in Washington and Virginia would provide carbon-free energy to meet growing demand.Amazon's announcement follows recent investments in nuclear energy from Microsoft and Google amid the AI boom. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing u ...

Delta Air Lines is set to update the cabins of its Boeing 757 and Airbus A350 jets.The 757s being updated are at least 20 years old as Delta waits on delayed new 737 jets.New cabins feature memory foam cushions in economy plus a refreshed business class. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed ...

Netflix's new games president, Alain Tascan, appointed Jeet Shroff as VP of games tech.Shroff, formerly of Epic Games, was tapped to promote consistency across Netflix's game portfolio.Netflix also laid off some games staffers last week. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...