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Why is Snapchat's parent company, Snap, cutting 10 per cent of its workforce?

Snapchat's parent company, Snap, revealed plans to let go of about 10 per cent of its global full-time workforce. The move comes after previous staff reductions, including a 20 per cent cut in 2022 and a 3 per cent reduction last year. At the beginning of 2023, Snap had approximately 5,300 employees. Snapchat's parent company, Snap, revealed plans to let go of about 10 per cent of its global full-time workforce. The move comes after previous staff reductions, including a 20 per cent cut in 2022 and a 3 per…

Novo Nordisk parent to buy Catalent to expand Wegovy supply

Injection pens of Novo Nordisk's weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, November 21, 2023. Victoria Klesty | ReutersNovo Nordisk's parent company on Monday said it will acquire drug manufacturer Catalent in a $16.5 billion deal that could help boost the supply of the highly popular weight loss injection Wegovy and diabetes shot Ozempic. Catalent is the main supplier of fill-finish work, which involves filling and packaging syringes and injection pens, for Novo Nordisk's Wegovy. As…

Parent Refuses To Entertain Daughter’s Morning Tantrum, Sends Her To School In PJs

Parenting is full of making tough choices. As much as it may hurt your child’s feelings, you can’t allow them to eat ice cream every single day. And no matter how hard they cry, it’s important for them to take showers and maintain their personal hygiene. But parents also have to remember to choose their battles. Not everything is worth having a fight over or triggering a tantrum. So when one parent realized that the easiest way to get their daughter to school was to simply let her wear her pajamas, they obliged. Now,…

Google Parent Alphabet’s Spending on Acquisitions Cratered in 2023

Pennies were pinched in Mountain View last year. For much of its existence as a public company, Google had made a headline-grabbing acquisition at least once a year as it used the profits from its surging ads business to bet on new frontiers. Billions of dollars went to scooping up Motorola, Nest, HTC, and Fitbit to build up it hardware business. Apigee, Looker, and Mandiant rounded out Google’s cloud computing unit. But Alphabet’s latest annual report reveals that the splurging stopped in 2023.Alphabet omitted a section…

alphabet results: Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%

Alphabet disappointed Wall Street on Tuesday as holiday-season advertising sales came in below expectations and the company said its spending on items such as servers to power artificial intelligence would jump this year.Alphabet shares fell 6% in after-hours trade.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIT DelhiIITD Certificate Programme in

Like parent, like child? The entrepreneurial intention

Credit: Pixabay/CC0 Public Domain Research in the International Journal of Education Economics and Development has used the entrepreneurial intention model to investigate what if any influence of parental self-employed status has on the aspirations of their offspring. The researchers obtained data and questionnaire results from 319 respondents at a

Wing, drone delivery from Google parent Alphabet, gets bigger

It’s a bird! It’s a plane! It’s your . . . Walmart delivery?Alphabet’s drone-delivery service, Wing, debuted new aircraft Wednesday that will allow the company to both simplify and streamline larger delivery orders.The new aircraft are capable of carrying 2.5 pounds more than the existing drones in Wing’s fleet, making their payload up to 5 pounds in total. They can travel up to 12 miles round trip at an astounding rate of 65 miles per hour.https://www.youtube.com/watch?v=GU1bNw4Z6toWing has currently completed over…

33 Comics Showcasing What Being A Parent Is Really Like By This Artist

The artist continued, sharing with us how different influences have impacted her style: “I’d say my ‘style’ started showing up around grade 4, and has made slow but steady changes over the years. Again, I have never been consciously bound by a style, so I don’t know how I developed this one. (I probably saw over-exaggerated faces in shows like SpongeBob or Adventure Time, thought it was hilarious, and started drawing my own, for instance.) It’s almost subconscious, the way you learn to express how you feel visually…

Drinking during holidays and special occasions could affect how you parent your kids

How much alcohol do you typically drink in a week? A month? A year? Did your answer take into account how much you drink on New Year’s Eve? On Christmas? During the Super Bowl or World Cup? When researchers compare how much alcohol is sold to how much people say they drink, alcohol consumption is underestimated by anywhere from 30% in the U.S. to 80% in Australia. Special occasions such as holidays, weddings or major sporting events make up much of that difference. How much a person drinks at a special event can…

firstcry ipo: FirstCry parent files IPO papers, to raise Rs 1,816 crore via sale of new shares

The parent of FirstCry, which sells baby and kids products through online and offline stores, has filed draft documents for an initial public issue, comprising Rs 1,816 crore ($218 million) of fresh shares and another 54 million shares that its existing investors are offering for sale.The total issue size is likely to be more than Rs 4,160 crore ($500 million) but will also depend on the price band of the IPO.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteNorthwestern UniversityKellogg…