Money

Mass exodus at Twitter HQ

Published

1 year ago

November 18, 2022

ticker NEWS

There’s been a mass exodus at Twitter, following Elon Musk’s ultimatum

There’s been a mass exodus at Twitter, following Elon Musk’s ultimatum urging employees to commit to a “hardcore” work environment.

Leaked memos show engineers and other employees posting goodbye messages.

It all took place a few hours ago, following the 5pm deadline for Musk’s employees.

The billionaire owner of Twitter is pushing staff to work longer hours at higher intensity, according to leaked documents.

But there are reports some employees are fearful for retaliation after walking out on their jobs.

It’s not clear how many Twitter employees resigned during Thursday’s exodus.

However, it follows Musk culling around 50 per cent of the company’s workforce as he takes charge of the social media platform.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

2 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

2 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

3 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending