Media News

Talking Biz News Today – May 4, 2023

May 4, 2023

Posted by Mariam Ahmed

Some of Thursday’s top business news stories:

The Associated Press

White House warns of recession as debt limit fight drags on, by Zeke Miller and Josh Boak

Fed raises key rate but hints it may pause amid bank turmoil, by Christopher Rugaber


Microsoft opens up its AI-powered Bing to all users, by Samantha Kelly

No end in sight for the writers strike as talks break off and both sides brace for long standoff, by Oliver Darcy

The Wall Street Journal

TikTok Is Launching Ad Product for Publishers and Giving Them 50% Cut, by Alexandra Bruell

Restaurants, Food Companies Pursue Budget-Minded Consumers as Inflation Persists, by Jesse Newman and Heather Haddon


Mortgage demand drops as bank failures hit jumbo loan rates, by Diana Olick

Google employees complain about CEO Sundar Pichai’s pay raise as cost cuts hit rest of the company, by Jennifer Elias


Etsy tops revenue estimates on demand for personalized products, higher fees, by Granth Vanaik

White House to meet Microsoft, Google CEOs on AI dangers, by Nandita Bose

News about business journalism:

Talking Biz News Today – May 3, 2023

WSJ parent plans streaming radio channel on TuneIn

Top HR exec for Inc/Fast Company stole nearly $500K

Bloomberg is streamlining its global aviation coverage

Smith joins Politico as European central banking editor

Media Movers: Cox Automotive’s Sean Tucker

USA Today up-and-comer, Messenger continues hiring spree, Cosmo’s new lifestyle editor

How The Economist used TikTok to reach new audiences

Silicon Valley Biz Journal follows 40-year mission




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