Spotify CEO Daniel Ek announced today that the company will lay off 17% of its workforce, which amounts to over 1,000 employees. This decision is part of Spotify’s strategy to reduce operational costs and better align its financial situation with ...
Panera Bread has confidentially submitted its paperwork to go public once more. The restaurant chain, renowned for its soups, sandwiches, and bagels, has been indicating for several months that it aims to reenter the public markets through an initial public ...
The National Football League is continuing its partnership with X, previously known as Twitter, despite growing concerns among advertisers regarding hate speech and antisemitism on the platform. “I think X is in a very difficult business because of the content ...
T-Mobile is facing new allegations of failing to safeguard sensitive consumer data after a lawsuit was filed on Friday, claiming that an employee at one of its retail stores stole nude images from a customer’s phone. The customer had brought ...
What is the Marvel Cinematic Universe without heroes like Iron Man, Captain America, and Black Widow? It appears a bit adrift. It’s only been four years since “Avengers: Endgame” neatly wrapped up a decade of interconnected blockbuster storytelling. Since then, ...
In New York City’s Harlem neighborhood, Target has permanently closed its first store in Manhattan, marking the end of its operations there. This closure is part of a broader trend, as the retailer has shuttered eight other stores across various ...
When Melissa Fuentes thought about Christmas gifts for her 9-year-old daughter, Tatiana, she expected to buy Barbies, Bratz dolls, or a scooter—items that were common under her own tree in the ’90s. However, something surprising topped the list this year: ...
The Sphere has quickly become a distinct feature of the Las Vegas skyline, sparking mixed reactions since its debut earlier this year. While this monumental technological and architectural achievement is undeniably impressive, the complexities involved in keeping it operational extend ...
Shipping giant Maersk is laying off thousands more workers as weak demand and declining freight prices severely impact its revenues, signaling that the pandemic-driven surge in shipping is now reversing. In its third-quarter results released Friday, Maersk, one of the ...
The state attorney general’s office has achieved two “landmark settlements” totaling $328 million to conclude a lengthy investigation into rideshare giants Uber and Lyft. The investigation found that these companies had deprived thousands of drivers of hundreds of millions of ...