![]() ![]() ![]() Lyft: The co-founders of the ride-hailing platform will step down from their day-to-day responsibilities at the company, which has struggled through layoffs and disappointing financial results.Some employees wonder if the device makes sense for Apple. ![]() Apple: The iPhone maker is expected to unveil an augmented reality headset in a few months.To widen opportunities for students, a historically Black university has set up its own internship placement program. Tech Internships: Critics say that the recruitment process at big tech firms often gives an advantage to well-connected and wealthier candidates.A Crisis at Meta: Mass layoffs, an absentee leadership and concerns about the business’s precarious future have devastated employee morale at Facebook’s parent company.It has contributed to price volatility, exacerbated by inflation at its highest levels in four decades - driving up the costs of energy, food and housing.Īll of this is happening on top of a system, pioneered by Amazon, that keeps prices in algorithm-fueled motion. Shortages of everyday items like toilet paper and disinfectant spray were a painful reminder of the fragility of supply chains - an issue that consumers are still grappling with as they face delays for everything from furniture to cars. ![]() The pandemic has transformed shopping habits. At the same time, shoppers are increasingly overwhelmed by the complexity of product options, prices, discounts and payment plans.īeyond that, it’s not an easy time to be a consumer. Retailers have an incentive to shift the lens away from prices, dangling other carrots like convenience and ease of use. Instead another reality has emerged: Shoppers are losing sight of what things cost. This was supposed to be good for consumers and bad for retailers forced to compete with one another in a profitability-killing race to the lowest prices. In the early days of the internet, there was breathless excitement that e-commerce would lead to greater price transparency, allowing shoppers to know exactly where to find the best deals. ![]()
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