Internal memo from CEO Sundar about Google’s Gemini
From: Sundar Pichai To: Google — “Hi everyone I want to address the recent issues with problematic text and image responses in the Gemini app (formerly Bard). I… — Lew
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Lew
It’s a “Bold New Chapter” at Macy’s (read: they’re laying off employees and closing 150 stores)
Following last month’s announcement that it was showing 2,350 employees the door, the struggling company today announced that it will close 50 “underperforming” stores this year, and 100… — Lew
Sony laying off 900 PlayStation employees
~8% of their workforce and closing the entire London studio. Here is the internal memo from Sony Interactive’s President & CEO: — Lew
Expedia books itself a new CEO and slashes 1,500 jobs
The travel booking site is cutting jobs as part of “an organizational and technological transformation.” This transformation represents 9% of its total headcount. <https://finance.yahoo.com/news/expedia-cut-1-500-jobs-222833758.html> — Lew
Closing bell clicks (Feb. 26, 2024)
FTC opens its 30,000th lawsuit against the Kroger-Albertson’s merger <CNBC> The one major tech player the FTC hasn’t sued, Apple, might be facing a justice department lawsuit <WSJ> Kellog’s CEO… — Lew
Fiat luxe
Hopefully this is the most pretentious title that will ever appear on the website, but since it’s the very beginning, it’s appropriate. And what is beginning, exactly? A… — Lew