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The job cuts in tech land are piling up, as companies that led the 10-year stock bull market adapt to a new reality.
Layoffs come as digital advertisers are cutting back on spending and rising inflation curbs consumer spending. Meta cut 11,000 jobs Wednesday in the biggest tech layoff of 2022. Here are the big ones that have been announced recently:

Meta: about 11,000 jobs cut (rightsizing after read more

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In 1915, the Skaggs family owned a small grocery store in American Falls, Idaho. Originally owned by S. M. Skaggs, a Baptist minister, the store was opened to help provide for his family of 15 children. Shortly after the grocery was founded, it was purchased by one of Skaggs’s sons, Marion Barton Skaggs.

Marion Barton Skaggs, or M. B. as he was known, quickly developed an impressive business strategy. read more

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Elon Musk has completed his $44 billion deal to buy Twitter.
The deal’s closing removes a cloud of uncertainty that has hung over Twitter’s business, employees and shareholders for much of the year. Musk appeared to acknowledge the takeover in a tweet Thursday night saying, “the bird is freed.”

Earlier this week, Musk visited Twitter’s San Francisco headquarters to meet with employees. read more

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‘Momentous’: Actor Anna May Wong to be first Asian American on U.S. currency
More than 60 years after Anna May Wong became the first Asian American woman to receive a star on the Hollywood Walk of Fame, the pioneering actor has coined another first, quite literally.

For her contribution to read more

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Embattled British Prime Minister Liz Truss announced she would step down from office Thursday after just 44 days in office
— making her the UK’s shortest-serving leader ever. The shunned leader has left office with a miserable 10% favorability rating among the British public, according to a recent YouGov poll.

Ricky read more

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Every year, a wonderful event celebrating the beauty of nature and humanity’s connection with it takes place over a weekend in Scotland.
The European “Land Art” Festival and Stone Stacking Championships were held for the fifth time in Dunbar on the shores of Scotland. Organized originally as the “John Muir Stone Stacking Challenge,” taking the name read more

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Vice-chairman of the DB Regio Works Council, Ralf Damde, said around 400 trains were overcrowded on each day.
“Platforms and trains were full all over Germany, and in several cases overcrowded trains had to be cleared – but fortunately – no stations.” He said that passengers had to be turned away from trains, or people were told they couldn’t take read more

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A Chess Robot Broke a Kid’s Finger
And the child is being blamed for violating safety policies.

Chess isn’t typically a contact sport. At the Moscow Open earlier this month, however, a robot broke a seven-year-old player’s finger because he moved too suddenly for the robot’s liking.

The Guardian reports that a video of the July 19 incident, which the newspaper read more

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Construction Crew Stumbles on 1,400-Year-Old Ruins of Maya City
While construction crews were hard at work building a new industrial park near Mérida in 2015, they stumbled upon the remnants of a historic city. Now, archaeologists in Mexico say the site was once a bustling Maya community with more than 4,000 residents.

Filled with read more

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Divers pull 25,000 pounds of trash and some oddities from Lake Tahoe
SOUTH LAKE TAHOE, Calif. – If you dropped your Blackberry while on Lake Tahoe back in 1999, it quite possibly was recovered by an organization taking significant steps to clear some of America’s lakes of trash. Dive teams with Clean Up The Lake embarked on an effort last May to recover submerged litter around read more

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It doesn’t look like legendary investor Warren Buffett will be adding bitcoin to his portfolio any time soon. Asked Saturday at the annual Berkshire Hathaway shareholders meeting if he had changed his famously negative views on bitcoin or crypto, the 91-year-old investor didn’t mince his words.

Buffett began his answer by saying that if all the attendees read more

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SAN FRANCISCO, April 25, 2022 /PRNewswire/ — Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company.

Twitter read more