Sony is cutting up to 90 jobs from its “merchandiser” and retail marketing teams as part of a “global transformation,” according to a new report by Axios .The layoffs come despite the continued growth of PlayStation thanks to the success of the PS5 , and some employees were caught off […]
Earthworm Jim and Dig Dug 2 come to Nintendo Switch Online
Three more titles join the library of Nintendo Switch Online retro classics available to subscribers: Earthworm Jim, Dig Dug 2, and Mappy-Land.All three are available right now. Earthworm Jim, for Super NES, launched in 1994 and started a franchise of side-scrolling platformers that lasted for the next 15 years.Most recently, […]
Amazon is prepping another round of PlayStation 5 consoles today for Prime members
Update March 31st, 4:45PM ET: Despite language on Amazon indicating a forthcoming restock event, the retailer has yet to open up its listing for the PlayStation 5.The Xbox Series X, on the other hand, is still available for Amazon Prime subscribers at this time . Yesterday’s restock of PlayStation 5 […]
Xbox Game Pass Reportedly Getting New Subscription Tier
Xbox Game Pass Reportedly Getting New Subscription Tier Xbox Game Pass is reportedly getting a new subscription tier that will be available to those on [Xbox](/category/xbox/) Series X, [Xbox One](/category/xbox-one/) , and [PC](/category/pc/) .At this point in time, [Xbox Game Pass](/category/xbox-game-pass/) is available in three different iterations; one is a […]
PlayStation cuts 90 jobs as part of “global transformation”
At least 90 jobs have been lost within PlayStation’s North American business, a new report has revealed. The roles were primarily based in the company’s sales and marketing divisions, Axios reported, largely in positions that dealt with physical retail stores. Included in the cuts was the company’s “merchandiser” team, responsible […]
Managers With Business Degrees Cut Worker Pay: NBER Study
Managers with business degrees aren’t more productive than their counterparts, a new NBER study found.In both the US and Denmark, worker wages went down after firms hired managers with business degrees.Demand to hire MBA graduates is soaring, however.Sign up for our weekday newsletter, packed with original analysis, news, and trends […]
US Watered Down Sanctions on Russian Oligarch: WSJ
The US Treasury issued a special license exempting Alisher Usmanov’s businesses from sanctions.The move makes it legal for the oligarch’s entities to continue doing business with US companies.Officials feared that blocking his network of businesses could disrupt global trade, WSJ reported.Sign up for our weekday newsletter, packed with original analysis, […]
Europe has designs on making the ‘fast fashion’ industry more sustainable
Enlarge this image Customers queue to enter a re-opened Zara clothes shop at Colombo shopping center in Lisbon, Portugal, on in April 2021.Patricia de Melo Moreira/AFP via Getty Images hide caption toggle caption Patricia de Melo Moreira/AFP via Getty Images Customers queue to enter a re-opened Zara clothes shop at […]
New details emerge about federal investigation into Hunter Biden – CBS News
The federal investigation into Hunter Biden’s business practices is broader than previously known, with multiple sources telling CBS News the probe is exploring whether the younger Biden and his associates violated tax, money laundering and foreign lobbying laws. Business records reviewed by CBS News and documents released by Republicans in […]
Managers who went to business school are better at cutting pay than boosting sales, new study shows
Managers with business degrees aren’t more productive than their counterparts, a new NBER study found.In both the US and Denmark, worker wages went down after firms hired managers with business degrees.Demand to hire MBA graduates is soaring, however.Sign up for our weekday newsletter, packed with original analysis, news, and trends […]