Days after withdrawing its registration for an initial public offering, WeWork also warned employees that the company could be set to lay off nearly 2,000 people, about 16 percent of its workforce. WeWork is laying off 2,400 employees as it works to cut costs and right-size the business, the company confirmed to CNBC. The job reductions represent 19% of WeWork’s total workforce, which amounted to 12,500 employees as of June 30, according to an SEC filing. “This workforce reduction affects approx

House Democrats and the Trump administration did not come to an agreement on moving forward with President Donald Trump’s new North American trade deal during a meeting Thursday. Pelosi and Neal’s meeting with Trump’s trade representative follows talks with a key labor leader earlier this week. Following a Tuesday meeting with AFL-CIO President Richard Trumka, Pelosi said “we can reach an agreement on USMCA when the Trade Representative makes the new NAFTA agreement enforceable for America’s wor

Pokémon Sword and Shield have some of the most imaginative monsters in the series — there’s a creature, for example, which takes on a new form when it’s hangry. But perhaps the wildest inclusion in the newest installments has to be Polteageist, the ghost Pokémon that inhabits a tea set. Sure, a tea Pokémon creature is creative idea in of itself, especially for a game that seems to take place in Pokémon’s version of England. According to Pokémon website Serebii, most “standard forms” found in the

A team of modders has created a rudimentary zombie mode up and running for Red Dead Redemption 2 on PC, and it looks tremendous. One of the first glimpses of the mode showed up on YouTube just yesterday on the channel of one jedijosh920. They’re not yet biting and slashing with claws; instead they go after players with hunting knives. Some fans claim to have seen teases of an official Undead Nightmare mode in the game on consoles, but there’s been no official announcement of such a thing. In the

To make things a little more interesting, Epic is introducing a fishing tournament to see who can catch the most fish in battle royale. The fishing tournament, called Fishing Frenzy, will select one winner in each region from a variety of different categories. Any player that catches a Mythic Goldfish during Fishing Frenzy will receive the Bottom Dweller Pickaxe. The Fishing Frenzy tournament will start on Friday, Nov. 22 at 8 a.m. Anyone who uses a fishing rod during that time will automaticall

As promised, Valve officially unveiled a new Half-Life game on Thursday: Half-Life: Alyx, a full-length game designed for virtual reality. In other words, Half-Life: Alyx will not move the Half-Life story forward after Episode Two, but will fill a gap in the story during which protagonist Gordon Freeman was in stasis. Half-Life: Alyx is priced at $59.99, but will be free for owners of Valve’s Index VR headset. Images released for Half-Life: Alyx show off environments that will be familiar to any

Final Fantasy 14 producer Naoki Yoshida apparently wants to bring the online role-playing game to PlayStation 5, according to a tweet from a Final Fantasy fan twitter account, but it doesn’t appear to be a done deal just yet. Yoshida spoke at the Final Fantasy 14 Fan Gathering in London, where he reportedly said that the game is in development for PS5. This isn’t particularly shocking news, as Final Fantasy 14 made the transition from PlayStation 3 in 2013 to PlayStation 4 the following year. Th

Eight new fighters join the lineup of anime-crossover fighting game BlazBlue Cross Tag Battle with the 2.0 Expansion Pack, available now. That would be Blitztank, who is paired with Akatsuki from their namesake fighting game Akatsuki Blitzkampf, a 2007 Japan-only release by Subtle Style. Arc System Works’ fighting game, which launched on PlayStation 4, Nintendo Switch and Windows PC in June 2018, has been a goldmine for fans of esoteric anime and fighting game characters. Grid View ArcSystem Wor

There’s a new Half-Life game on the way, Half Life: Alyx, and it’s only playable in virtual reality. Here are the minimum specs for the game, as noted on Steam:OS: Windows 10Processor: Core i5-7500 / Ryzen 5 1600Memory: 12 GB RAMGraphics: GTX 1060 / RX 580 – 6GB VRAMHoly moly. Half-Life: Alyx will be released March 2020 on Steam. The game is powered by Valve’s SteamVR software and is compatible with all PC-based VR headsets, including Valve Index, Oculus Rift, HTC Vive, and Windows Mixed Reality

Google has a goldilocks solution to political ads, says New Yorker’s MarantzGoogle became the latest social media company to take a stance on political ads, announcing in a blog post it will ban microtargeting for its political ads, while saying it will police misleading or false claims and things like deep fakes. Andrew Marantz, staff writer at the New Yorker and author of the book “Antisocial,” joins “Squawk Box” to discuss.

Recode’s Kara Swisher breaks down social media companies’ approaches to ad policyGoogle became the latest company to take a stance on political ads, announcing in a blog post it will ban microtargeting for its political ads, while saying it will police misleading or false claims and things like deep fakes. Kara Swisher, executive editor and co-founder of Recode, joins “Squawk Box” to discuss.

Sir Richard Branson poses outside the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019. Here are the biggest calls on Wall Street on Thursday:Credit Suisse initiated coverage of the space flight company and said it had an “attractive” business model. “Our bullish view reflects the near-term monopoly SPCE offers in an industry (commercial space tourism) where public investment opportunities are scarce. We view this as a classic tech-driven

Autonomous trucks would be an ‘amazing breakthrough’: Nasdaq10 Hours AgoRobert McCooey of Nasdaq and James Peng of Pony.ai discuss the applications of autonomous driving technology. Nasdaq’s McCooey says the “nirvana” is autonomous driving for long-haul trucks. They were speaking on a panel along with Edith Yeung of Proof of Capital.

Banks in China are starting to look at internet companies to see how they can collect more data on their customers, CG Lai, the chief executive of BNP Paribas China, told CNBC. Over the years, Chinese banks have failed to extract as much data from their customers as the internet firms have, Lai explained. “For many years, they have all the customers and these Chinese banks are mostly doing the inter-bank or the wholesale business,” Lai said at CNBC’s East Tech West conference in the Nansha distr

The Governor of New Jersey has signed an executive order to increase the state’s target for “offshore wind-generated electricity.” In a statement issued Thursday, the American Wind Energy Association’s (AWEA) Laura Smith Morton described the announcement from New Jersey as “a significant commitment to offshore wind-generated electricity and clean energy.” According to the International Energy Agency’s Offshore Wind Outlook 2019, global investment in the offshore wind sector in 2018 was roughly $

The U.K.’s Conservative Party on Thursday created a spoof website purporting to be the Labour Party’s manifesto and attacking its pledges. The official Conservative Party Twitter account tweeted out links to the spoof site multiple times on Thursday afternoon. The site identifies itself as “a website by the Conservative Party” beneath the headline “Labour’s 2019 Manifesto.” Twitter itself weighed in on Wednesday to condemn the action, warning of punitive measures if CCHQ, the Conservative press

One of those businesses, an unnamed company with 5,000 employees at the time, needed help with its IT processes. Rinke says he and two friends — Bastian Nominacher and Martin Klenk — noticed the company relied on a ticket logging system to process requests. Fast forward to 2019, and that university project has turned into a company with a $2.5 billion valuation. UiPath, a start-up with a valuation of $7 billion, is another player in the space and has previously formed a partnership with Celonis.

In some car parks in Shanghai, you have no choice but to pay with WeChat Pay or Alipay. On one panel this week, Tao Peng, Airbnb’s China president, explained how Airbnb China is different to Airbnb in the U.S. “We devote a lot of resources to localize,” said Tao, adding that Airbnb China is built by “Chinese engineers for Chinese people.” To make it easier for hosts and guests to make bookings, Airbnb China also integrates with Tencent’s WeChat Pay and Alibaba’s Alipay, the two most widely used

A fridge’s artificial intelligence (AI) digests the user’s words, running them through machine-learning software, which gets smarter every time you talk to it, said Dorando Doo, senior vice president at iFlytek, a Chinese AI firm. But current AI tech is used in more pedestrian ways, with the lion’s share in customer service, sales processes, and threat detection, according to research firm IDC. In China, 14% of firms have embraced AI tech, an IBM executive said this week. Even with some uncertai