Media Moves

Talking Biz News Today – Feb. 8, 2023

Some of Wednesday’s top business news stories:

The Associated Press

Microsoft bakes ChatGPT-like tech into search engine Bing, by Matt O’Brien

Fed’s Powell: Strong hiring could force further rate hikes, by Christopher Rugaber

CNN

Americans are becoming ‘reluctant’ to make larger purchases, new Fed report shows, by Alicia Wallace

Zoom will lay off 1,300 employees and CEO is taking a massive pay cut, by Catherine Thorbecke

The Wall Street Journal

Chipotle Profit Hit by Higher Labor Costs, by Heather Haddon

Boeing to Cut 2,000 Finance and HR Jobs, by Andrew Tangel

CNBC

What will TV look like in three years? These industry insiders share their predictions, by Alex Sherman and Lillian Rizzo

Bed Bath & Beyond lines up funding in a last-ditch bid to avoid bankruptcy, by Gabrielle Fonrouge

Reuters

Microsoft packs Bing search engine, Edge browser with AI in big challenge to Google, by Jeffrey Dastin

Shoppers to face fresh price hikes as stores, suppliers pass on costs, by Richa Naidu

News about business journalism:

Pitch values Forbes at $800M with $285M in revenue

WSJ’s Day returning to the Associated Press

NY Times embraces TikTok, WaPo investigative move, new team leader in Houston

Shah reflects on first month as Texas Tribune CEO

NY Times opens TikTok account for news

Rolling out news channel, BBC eliminates presenter roles for some employees

Parent of tech sites The Verge and Recode gets investment

Carpenter joins new digital news organization as team leader

How Skift survived and thrived during the pandemic

Williams joins Politico as UK tech and trade editor

WSJ hires Naik as executive producer of YouTube

Mariam Ahmed

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