Apple is issuing an apology to customers and offering a $50 discount on battery replacements for a year. The statement comes as the company faces a firestorm -- including several lawsuits -- after admitting it slowed down the performance of older iPhones as their batteries deteriorated. The discounted $29 batteries will be available to customers with an iPhone 6 or higher through December, 2018.
Netflix's latest original film may not be getting great reviews, but it appears people are still watching it. Some 11 million people viewed the Will-Smith-helmed "Bright" in the first three days since its release, according to Nielsen. That compares to the 3 million who watched the crown...and the nearly 16 million who tuned in for the second season of stranger things.
.The 90 million dollar movie, directed by the man behind the similarly panned "Suicide Squad," has brought in scathing reviews...but Netflix has already ordered a sequel.
A Dutch recruitment firm found that only 42% of employees who have been laid off this year actually received severance, down from 64% who received severance in 2021.
Direct deposit delays due to a human error that happened last week have resulted in some customers still not receiving their paychecks.
Nestle is reportedly investing $100 million in food delivery startup Wonder Group.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
Nike is suing two of its competitors for alleged patent infringement.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
WeWork has filed for Chapter 11 bankruptcy protection.
Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.
WeWork officially has filed for bankruptcy.
