Media Moves

Talking Biz News Today – April 29, 2022

April 29, 2022

Posted by Mariam Ahmed

Some of Friday’s top business news stories:

The Associated Press

Musk sells $4B in Tesla shares, presumably for Twitter deal, by Tom Krisher

US economy shrinks, threats loom, but growth likely to last, by Christopher Rugaber


Airbnb says staffers can work remotely forever, if they want, by Sara Ashley O’Brien

Apple loses top spot in China as smartphone sales slump, by Laura He

The Wall Street Journal

Netflix’s Battle for Asian Subscribers Pits It Against Rich Rivals, Hundreds of Local Upstarts, by Jiyoung Sohn, Vibhuti Agarwal and Miho Inada

Amazon Posts First Quarterly Loss Since 2015 as Costs, Rivian Stake Weigh on Results, by Sebastian Herrera


Chinese leaders stick to Covid controls as the virus spreads and forces a Beijing luxury mall to close temporarily, by Evelyn Cheng

Retail and consumer IPOs, deals tail off as more businesses set their sights on 2023, by Lauren Thomas


Musk told banks he will rein in Twitter pay, make money from tweets, by Krystal Hu and Anirban Sen

North American oil companies scramble to find workers despite boom, by Liz Hampton, Stephanie Kelly and Nia Williams

News about business journalism:

What’s behind the success of The Logic

Bloomberg reporter Milligan moving to UK politics beat

Axios gaming reporter Farokhmanesh is departing

Quartz CEO Seward to staff: You’ll get a cut of the sale

G/O Media CEO: Quartz is a “marquee business brand”

Forbes joins NCTJ Journalism Diversity Fund

Bloomberg reporter Burgess moving to Asia FX coverage

Fortune launches new vertical, names Fields wellness deputy editor








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