Talking Biz News Today – May 10, 2022

Some of Tuesday’s top business news stories:

The Associated Press

Asian stocks follow Wall St down on rate hike, economy fears, by Joe McDonald

Sony’s profit surges on healthy film, game, music growth, by Yuri Kageyama

CNN

Elon Musk says he is ‘exactly aligned’ with Europe’s sweeping new rules for social media platforms, by Brian Fung

How long will inflation last? The answer lies in the past, by Nicole Goodkind

The Wall Street Journal

Apple’s China Engineers Keep Products Flowing as Covid Shuts Out U.S. Staff, by Yoko Kubota

Biden, Internet Providers Seek to Boost Adoption of Subsidized Broadband, by Ken Thomas and Drew FitzGerald

CNBC

Tech giants lost more than $1 trillion in value in the last three trading days, by Jordan Novet

Bitcoin investors are panicking as a controversial crypto experiment unravels, by Ryan Browne and MacKenzie Sigalos

Reuters

Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID, By David Stanway and Martin Quin Pollard

News about business journalism:

Canter hires by Sportico to be senior editor

Times of London hires Fletcher as tech business editor

Fitch hires Khan as head of publishing for Americas

Ramsay moving to Brussels for Bloomberg TV, Bloomberg Radio

G/O Media plans to follow Quartz playbook

ABC News hires Zhan to cover business and tech

Tampa Bay Times, Chicago Tribune win Pulitzers for biz-related coverage

Passy departing MarketWatch.com for new opportunity

Washington Post hires Martinez from The Markup

Gross becomes senior reporter at Technically Philly

Bloomberg Government’s Rothman moves to Bloomberg Tax

Skift hires Mullaney to cover travel technology

Bloomberg taps Almeida as Chicago bureau chief

Reuters head of digital newsgathering and verification Baker departs