Share to FacebookShare to TwitterShare to LinkedinTopline Music streaming giant Spotify will lay off about 6% of its workforce, Daniel Ek, the billionaire CEO of the Stockholm-based company announced Monday, becoming the latest company to dramatically reduce headcount as fears of a looming recession continue into the new year. Spotify’s billionaire CEO Daniel Ek announced…
Share to FacebookShare to TwitterShare to LinkedinTopline Tesla’s billionaire CEO Elon Musk took the stand in San Francisco federal court Friday to defend a controversial 2018 tweet in which he said he would take the electric vehicle company private, as part of the high-profile civil trial waged against him by Tesla shareholders over the notorious…
Experts say ChatGPT could be a game-changer for Microsoft, as CEO Satya Nadella announces plans to roll out the technology across all of the company’s products. Microsoft plans to make OpenAI’s generative AI technology such as ChatGPT available to billions of users by integrating it into all of its products, CEO Satya Nadella said this…
Share to FacebookShare to TwitterShare to LinkedinHalo Infinite Bungie Yesterday, Microsoft announced it would be the latest tech company executing mass layoffs, and some of the 10,000 employees it let go were a part of its video game division. According to reports from Bloomberg, both Bethesda and 343 Industries were struck with layoffs, but 343…
“There were definitely times where I painted a rosier picture than things truly were,” Frank’s founder and former CEO said months before JP Morgan bought her startup for $175 million. In 2021, Charlie Javice, the young founder and former CEO of Frank, pulled off a master stroke: Selling her fintech startup to JP Morgan Chase…
Share to FacebookShare to TwitterShare to LinkedinTopline No one bagged Tuesday night’s billion-dollar Mega Millions draw, the lottery operator said, sending the jackpot soaring to $1.35 billion for the next draw on Friday the 13th, one of the largest prizes in U.S. lottery history that many will hope to claim despite the unlucky date, though…
Share to FacebookShare to TwitterShare to LinkedinTopline Ratings for Amazon and ESPN’s respective primetime NFL broadcasts lagged behind those of its competitors, as the e-commerce giant turned streamer and the Disney subsidiary each struggle to keep pace with the NFL’s basic cable partners Amazon’s NFL viewership lagged behind that of its competitors. Getty Images Key…
Share to FacebookShare to TwitterShare to LinkedinBarry Silbert, founder and chief executive officer of Digital Currency Group Inc., speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Thursday, May 9, 2019. (Joe Buglewicz/Bloomberg) © 2019 Bloomberg Finance LP Digital Currency Group CEO Barry Silbert has been accused of fraud by his…
Share to FacebookShare to TwitterShare to LinkedinIn this photo illustration a Microsoft logo is displayed on a smartphone screen in Athens, Greece on … [+] January 9, 2023. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images) NurPhoto via Getty Images Microsoft stock (NASDAQ: MSFT) has lost 6.7% in the last week, underperforming the S&P 500 (up…
Share to FacebookShare to TwitterShare to LinkedinTopline Ark Invest, the firm led by prominent stock picker Cathie Wood, bought up millions worth of Tesla during the electric vehicle maker’s worst daily dip in more than two years as Wood continues to double down on what initially brought her riches. Cathie Wood’s Ark Innovation ETF dove…
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