When Tim Cook’s tenure as CEO of Apple was still young, tech-industry pundits obsessed over one aspect of his new gig above all others. After returning to the company he cofounded, Jobs presided over an incredible run of epoch-shifting products: the iMac, iPod, iTunes Music Store, iPhone, iPhone App Store, and iPad. If Cook didn’t extend that streak, conventional wisdom went, Apple’s glory days would be over. That was always a silly way to look at the situation. In 2013, two years into the Cook era, I wrote that even the Jobs years were marked as much by relentless incremental…
Author: Staff Writer
Starting next year, Deloitte and Zoom are cutting back on some of the most treasured employee benefits, Business Insider reports. Zoom is trimming parental leave from 22 to 24 weeks down to 18 weeks, while non-birthing parents will get 10 weeks instead of 16. As for Deloitte, broader cuts to PTO, pension plans, and IVF funding will impact employees in support roles like administrative services, IT, and finance. Experts warn that Deloitte and Zoom may be paving the way for other companies to follow their lead. “It legitimizes that action for everybody else,” Laszlo Bock, Google’s former head of human…
Burger King is teaming up with Star Wars for a limited-time menu, bringing a galaxy far, far away to its restaurants. The promotion launches May 4—often celebrated as Star Wars Day— at participating US resturants with themed packaging and exclusive items tied to The Mandalorian and Grogu, which arrives in theaters May 22. “Star Wars has shaped generations of fans, and as we head into the release of Star Wars: The Mandalorian and Grogu, we saw an opportunity to bring that excitement straight into our restaurants,” Joel Yashinsky, Chief Marketing Officer of Burger King U.S. & Canada, said in a press statement. The…
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 524.28 points or 0.89% to 59,349.17 • Shanghai increased 2.95 points or 0.07% to 4,085.077 • Hang Seng increased 126.41 points or 0.48% to 26,487.48 • ASX 200 decreased 3.90 points or -0.04% to 8,949.40 • SENSEX increased 753.03 points or 0.96% to 79,273.33 • Nifty50 increased 211.75 points or 0.87% to 24,576.60 The major Asian currency markets had a mixed day today: • AUDUSD decreased 0.0042 or -0.59% to 0.71360 • NZDUSD decreased 0.00165 or -0.28% to 0.58755 • USDJPY increased 0.77 or 0.48%…
Euphoria, Sam Levinson’s Gen Z-focused HBO drama, has never been grounded in reality. But a job-seeking scene might be asking viewers to suspend their disbelief a little too much. The series revolves around the lives of messy teenagers navigating drugs, bad decisions, and a lot of glitter. Its third season—which is a five-year time jump from the last—is raising eyebrows among viewers, particularly a scene from last Sunday’s episode that feels especially misplaced in today’s tense job market. The scene in question features Maddy Perez, one of the show’s main characters, who is desperately seeking a job in Los Angeles.…
After 15 years as CEO of Apple, Tim Cook announced in an open letter that he is stepping away from his role at the end of this year to become executive chairman. In the letter, he also shared the first thing he does every morning—and it’s a habit that all leaders can lean into. “For the past 15 years I’ve started just about every morning the same way,” Cook wrote in the letter. “I open my email and I read notes I received the day before from Apple’s users all over the world.” “You share little pieces of your lives…
The U.S. Department of Labor (DOL) has proposed a new rule that could reshape how independent workers are classified in the United States. After nearly two decades of legal battles, policy swings, and political fights, the agency is once again attempting to clarify one of the most contested questions in modern labor law: Who gets to work independently, and under what rules? For me, this debate isn’t theoretical. I have been living inside it for nearly 20 years. Today, as the chief legal officer for a platform dedicated to connecting independent healthcare workers with open shifts, I have seen our…
What comes to mind when you think of sports sunglasses? Maybe it’s rec spec goggles or big, mirrored cycling sunglasses. While these glasses are fine for action, they’re not exactly what you’d call stylish. Warby Parker is looking to change that with the launch of Warby Parker Sport, a collection of performance sunglasses starting at $195. “I’m really proud of where we ended up where these are glasses that have all of the great function of great sports glasses, but something where you’re not going to look back in 10 years and think, why was I wearing this crazy shield…
A new streaming service is betting that comedy doesn’t need to be a category; it can be the whole platform. On May 5, comedy distribution company 800 Pound Gorilla Media will launch Gorilla Comedy+. The boutique streaming service will feature a 250-plus-title library of stand-up specials, including new sets from Patton Oswalt, Pete Holmes, Emmy Blotnick, Jourdain Fisher, and Nish Kumar, alongside the company’s existing catalog. Gorilla Comedy+ is partnering with Cineverse, using its AI-powered Matchpoint platform to build apps across devices. The service will handle distribution and onboarding, while Cineverse’s tech stack will also enable interactive features layered across…
Kevin Warsh is taking another step toward his decade-long goal of winning the top job at the Federal Reserve by appearing at a hearing before the Senate Banking Committee on Tuesday. But the role that he may eventually assume could turn out vastly different than what he expected.Inflation is worsening as the Iran war has spiked gas prices, making it much harder for the Fed to implement the interest rate cuts President Donald Trump so desperately seeks. The conflict could also slow the economy as well as hiring. And if Warsh ultimately becomes chair, he may very well find his…