Author: MNK News
Amazon is preparing to cut as many as 30,000 corporate jobs beginning Tuesday as it looks to rein in expenses after pandemic-era overhiring, according to people familiar with the matter cited by Reuters. The reductions would amount to nearly 10 percent of Amazon’s roughly 350,000 corporate employees, but a small share of its 1.55 million total workforce. If carried out at that scale, the move would mark Amazon’s largest layoff since the company eliminated about 27,000 positions starting in late 2022. Managers in affected units were briefed Monday on delivering notifications, with cuts expected to start Tuesday morning, Reuters reported.…
Strava data from the most recent NYC Marathon provides insights into what shoes will be most popular among runners at this year’s race All products featured on Athletech News are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission As the countdown to the New York City Marathon on November 2 dwindles to mere days, many runners are making that all-important final decision for race day: what shoe to wear. Shoe technology is only becoming more and more advanced, and with a carbon-plated shoe revolution changing the game for…
The movie industry has been in a tailspin for years, with many people foregoing the theatrical experience in favor of watching films at home. I get it. Going to the movies can be expensive and, let’s face it, dealing with other people can be annoying (it’s been 10 years and I’m still mad about those teenagers who would not stop giggling all the way through my first viewing of The Witch). But there’s nothing quite like going to a theater and getting lost in a great film for a couple of hours. In addition, large-scale formats are growing in popularity…
Are you ready for some… leggings? Lululemon is joining game day with NFL-licensed fan gear for all 32 teams. The deal follows a similar licensing agreement the activewear giant struck with NHL teams Football fans are getting a new uniform as Lululemon suits up for game day, teaming with the NFL on a premium fan apparel line repping all 32 teams. It’s a notable shift for the activewear giant, which is leaning deeper into sports fandom after partnering with Fanatics and the NHL on a premium fan apparel line that has recently grown from an initial 11 teams to all…
Japan has officially stepped into the regulated stablecoin era with the launch of JPYC EX, the country’s first fully licensed digital yen under the revised Payment Services Act. This milestone marks a pivotal moment for Japan’s financial sector, bridging traditional banking infrastructure with the Web3 ecosystem. Related Reading Building on earlier versions of JPYC, the new JPYC EX is designed to serve as a compliant, yen-backed stablecoin connecting the nation’s banking system to blockchain-based commerce, DeFi applications, and cross-border payments. With full legal authorization and asset backing, it positions the yen as a future cornerstone in global digital finance. According…
Ethereum’s bullish momentum has intensified throughout the weekend, with the price climbing above $4,100. This steady recovery follows a strong rebound from the $3,500 region after a crash earlier in the month. Investor sentiment, as shown by trading volume and flows on exchanges, has turned optimistic amidst the recovery. Now that Ethereum’s price action is starting to turn bullish again, a new technical analysis shared by crypto analyst Freedomby40 on the social media platform X suggests that the current rally could be far from over, projecting a possible long-term climb to $16,000. Wave Count Structure Points To A Continuation Phase…
The Apple MacBook Air M4 laptop is back on sale for just $799, which is one heck of a deal. This sale is for the model with 16GB of RAM and 256GB of internal storage. It’s available in multiple colorways, but the silver one inexplicably costs $899.We ranked this as our favorite Apple laptop in our list of the best MacBook computers. Heck, it’s even our very favorite laptop. Full stop. The performance is exceptionally snappy, thanks to the M4 chip. We appreciated the upgraded battery life, which now lasts for around 18 hours per charge. That’s well beyond a…
In a latest wave of executive departures from Elon Musk’s businesses, X Corp’s advertising chief John Nitti has left the social media platform after just 10 months in the role. The Financial Times reports that X Corp, the Musk company that owns the social media platform X, has seen yet another high-profile executive departure as its global head of revenue operations and advertising innovation, John Nitti, left the company on Friday. Nitti’s exit marks the latest in a series of resignations from the upper echelons of Elon Musk’s businesses, reflecting the ongoing challenges faced by the billionaire entrepreneur. Nitti, who…
Congress has the constitutional power of the purse, but President Donald Trump’s robust assertion of executive authority is testing even that basic tenet of U.S. democracy.His administration has already canceled or threatened to cancel billions of dollars of previously approved federal spending and now wants to go after even more funding during the government shutdown. States, cities, nonprofits and other groups have responded with more than 150 lawsuits accusing the Republican administration of an unlawful power grab.An Associated Press analysis shows that so far, those suits are mostly succeeding in blocking the Republican president’s spending moves, at least temporarily. But…
Battlefield 6 is getting a free battle royale mode on October 28. This follows numerous leaks that have been popping up ever since the mainline game hit store shelves on October 10.It’s called Battlefield: RedSec, though we don’t have too many gameplay details. It’s free for everyone and you don’t need the full-priced game to play. That much we do know. This puts it in direct competition with Call of Duty’s own free-to-play battle royale, Warzone.We can assume some gameplay elements, as it’s a battle royale. It’ll likely feature players heading to a large map and battling one another until…