GIFs and memes are all over the internet. We all post them, but have you ever made one? PicMonkey is launching a new product to make it quicker and easier for entrepreneurs and small businesses to make these social marketing tools.
Frits Habermann, CEO of PicMonkey, explains how the company's new product works. He says it's targeted at everyone from small business owners to social media influencers.
Habermann also discusses how much graphic design has changed in the 15 years since he co-founded Adobe InDesign. He says that now there is no room for bad design, because everyone has access to a camera and a design tool in the palm of their hands.
Tyson Foods is eliminating about 10 percent of corporate jobs and 15 percent senior leadership positions, according to a memo obtained by Reuters. The cuts are just the latest attempt to trim costs amid falling profits.
Verizon is taking steps to speed up its 5G network in rural areas. The company said it plans to extend its C-band 5G network across a larger suburban and rural footprint, meaning faster speeds for customers in those areas.
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories.
Applications for unemployment benefits in the U.S. fell last week as the labor market continues to show strength despite some weakness in other parts of the economy.
