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Faltering

Trump’s Faltering Cash Machine Can’t Rely on Facebook for a Fix

Donald Trump's back on Facebook, but the technology giant's data changes are hobbling his ability to wring cash from its users as effectively as he did during his astonishing rise to the White House.Trump, who has raised more money online than any other politician, no longer can directly target his tens of millions of Facebook followers with fundraising appeals, nor can he find users who have similar political views, making it harder and more expensive to prospect for contributors. While these changes affect every

Apple Said to Drop Plans to Increase iPhone 14 Series Production Amid Faltering Demand

Apple is dropping plans to increase production of its new iPhone handsets this year after an anticipated surge in demand failed to materialise, Bloomberg News reported on Tuesday, citing people familiar with the matter.The company told suppliers to curtail efforts to increase assembly of its flagship iPhone 14 product family by as many as 6 million units in the second half of this year, Bloomberg reported.Instead, the Cupertino, California-headquartered company will aim to produce 90 million handsets for the period,…

The Surprise in a Faltering Economy: Laid-Off Workers Quickly Find Jobs

When Suki Lanh was laid off from a fintech insurance startup in early July, she worried it could take months to find a new job.“I was definitely nervous seeing the amount of startups that were laying off folks,” the 30-year-old said. “I just thought generally it was going to be really difficult to get another job for a while.” Ms. Lanh posted a video about her job loss on LinkedIn two days after she was let go amid broader cuts at a New York City-based startup. Recruiter messages started flooding her inbox. “I…