Spotify Technology SA
Spotify lays off 200 workers, or about 2% of its workforce
Spotify’s Daniel Ek Getty Photographs Spotify introduced Monday it is really laying off about 200 staff members, or about 2% of its-individual workforce, as portion of an effort and hard work to alter how the streaming business handles its partnership with “top podcasters from throughout the world.” Spotify’s world-wide workforce was 8,359 persons in 2020, […]
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Billionaire Tom Siebel faces tumult at C3.ai as investor lawsuit, short sellers question metrics
Tom Siebel has been riding the artificial intelligence wave. Three years after selling his prior software company, Siebel Systems, to Oracle for nearly $6 billion in 2006, he started C3.ai, a provider of AI solutions to businesses. That company, which went public in 2020, now sports a roughly $4 billion market cap and, in Siebel’s […]
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Microsoft is sprinkling OpenAI all over the place to attempt and hold software package makers interested in its platforms
Microsoft CEO Satya Nadella speaks at the firm’s Create developer meeting in Seattle on Could 7, 2018. Grant Hindsley | Bloomberg | Getty Photographs If you will find a single corporation that has popularized synthetic intelligence in the previous yr, it really is the modest but richly funded startup OpenAI, the entity behind viral chatbot […]
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Stocks making the biggest moves midday: Yelp, AutoZone, Lowe’s, Apple and more
In this article LOW DKS GS WFC YELP Follow your favorite stocksCREATE FREE ACCOUNT Yelp Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Yelp — Shares of […]
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Amazon jumps into the generative A.I. race with new cloud support and its individual big language versions
Andy Jassy, main govt officer of Amazon.Com Inc., through the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Photographs Amazon is introducing a cloud assistance identified as Bedrock that builders can use to greatly enhance their software package with synthetic intelligence methods that can produce textual […]
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Rapper Bad Bunny sued for $40 million over ex-girlfriend’s voice recording
Bad Bunny performs during the 65th Annual Grammy Awards in Los Angeles, California, February 5, 2023. Mario Anzuoni | Reuters Puerto Rican rapper Bad Bunny is being sued by his ex-girlfriend for more than $40 million over claims he used a recording of her voice without permission or compensation. Carliz De La Cruz Hernández claims […]
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Netflix’s expected password-sharing crackdown puts college students on edge
Netflix sign in page displayed on a laptop sscreen and Netflix logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 2, 2023. Jakub Porzycki | Nurphoto | Getty Images As Netflix inches closer to rolling out password-sharing guidelines in the United States, college students who use […]
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Shares creating the largest moves premarket: Rivian, Kohl’s, Novavax and extra
In this article AMC MNST Place Abide by your favourite sharesDevelop Free of charge ACCOUNT Monster Beverage Corp. drinks. David Paul Morris | Bloomberg | Getty Images Test out the businesses producing headlines just before the bell. Rivian — Shares of the electrical car maker tumbled extra than 9% right after the corporation posted mixed […]
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EU narrows antitrust circumstance from Apple around procedures for songs providers like Spotify
The world’s major Iphone manufacturing facility, found in China and run by Foxconn, confronted disruptions in 2022. That is probable to filter through to Apple’s December quarter results. In the meantime, analysts questioned demand for the Apple iphone 14 from Chinese shoppers. Nic Coury | Bloomberg | Getty Visuals The European Union on Tuesday sent […]
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Inside Peloton’s rapid rise and bitter fall — and its attempt at a comeback
On the night of Sept. 26, 2019, hours after Peloton shares went public, employees dined on seafood and sipped champagne in the glittering halls of Hudson Yards as they discussed what they’d spend their newfound paper fortunes on. During a lavish fete in the company’s soon-to-be New York City headquarters, some talked about the new […]
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