Nov 10 (Reuters) – The next are the highest tales on the New York Occasions enterprise pages. Reuters has not verified these tales and doesn’t vouch for his or her accuracy.
– Meta Platforms Inc on Wednesday mentioned it was shedding greater than 11,000 individuals, or about 13% of its work drive, in what amounted to the corporate’s most vital job cuts.
– Elon Musk on Wednesday laid out his overview for Twitter’s enterprise discussing a imaginative and prescient for Twitter to course of funds, full with related debit playing cards and financial institution accounts, which echoed PayPal Holdings Inc , the digital funds firm he helped discovered.
– Actual property brokerage agency Redfin Corp mentioned on Wednesday that it was shedding 13% of its work drive, the corporate’s newest transfer to chop prices amid a slowing housing market.
– Forbes is in superior talks to promote for $800 million to a bunch of traders, an organization spokesman mentioned, approaching a deal that will convey the chronicler of the rich and highly effective below new possession. (Compiled by Bengaluru newsroom)
