Markets

Life Lessons From Big Tech Workers Who Got Laid Off

Life Lessons From Big Tech Workers Who Got Laid Off

Markets—

What happens after you lose a six-figure job at one of the world’s biggest tech companies? Four former employees of Google, Meta, Microsoft, and Intel discuss the shock they felt when they were laid off, the difficult search for a new job, and the financial and emotional fallout that followed. Read…

Meet John Ternus, the Apple exec who replaced Tim Cook as CEO

Meet John Ternus, the Apple exec who replaced Tim Cook as CEO

Markets—

It’s official. John Ternus has replaced Tim Cook as Apple’s CEO. Ternus, a career product guy, is taking the helm after Cook, an operations guy, led the company for just over 15 years. Cook’s famed predecessor, Steve Jobs, was also a product guy. The new CEO steps in as Apple faces pressure on the…

Shein just went public at about 25% of its peak valuation

Shein just went public at about 25% of its peak valuation

Markets—

After months of delays, fast fashion behemoth Shein went public on Tuesday at a fraction of its peak valuation. On Monday, the Singapore-headquartered retailer priced its IPO at 48.56 Hong Kong dollars, or $6.19, per share, offering about 280 million shares. It raised more than HK$13.2 billion in…