After laying off employees and implementing price hikes, Spotify reported meeting a more-than-expected financial outlook in Q2 2024, with its stock up over 10% and a total revenue of $4.14 billion.
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Israeli Cybersecurity Startup Wiz Rejects Google’s $23 Billion Acquisition: Report
The startup said it will instead focus on reaching $1 billion in revenue before considering publicly selling its shares.
US Regulators Launch Probe Into Delta Air Lines as It Struggles To Restore Operations Following Global Tech Outage
The investigation comes after the DOT received hundreds of complaints over Delta's "unacceptable customer service conditions."
Whole Food Settles Lawsuit After Firing Employee for Wearing Black Lives Matter Mask
Whole Foods settled a lawsuit with former employee Savannah Kinzer, who was fired for refusing to remove her Black Lives Matter facemask, following allegations of unlawful termination and racism.
Mark Zuckerberg’s Meta Reality Labs Loses $45 Billion in 4 Years As AR/VR Falls Short
Meta’s Reality Labs has reported $45 billion in losses over the past four years due to chaotic management and frequent leadership changes. Further losses are expected as the division struggles in a competitive AR and VR market.
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Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
The messaging app Telegram has reached 950 million active users and is expected to have a billion by the end of this year.
Tech billionaire Elon Musk said in a Daily Wire interview that his perspectives regarding gender ideology and population are deeply personal after he had to deal with one of his sons deciding to cut ties with him by changing both name and gender.
Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
Biden and other Democrats have endorsed Harris as the party's potential presidential nominee for the 2024 election.
Sam Altman-Backed Group Just Finished the Largest Basic Income Study in the US. Here’s What It Found
The study gave 1,000 lower-income individuals $1,000 in monthly payments for three years. A project backed by OpenAI founder Sam Altman recently finished a landmark study on basic income in the United States---marking the largest research on the topic ever conducted in the country.
Current software services that are available for coaches are often fragmented and hard to navigate because they aren't created for coaches and sports teams, resulting in greater inefficiencies and higher costs. The current market also lacks the tools they need most, a solution for playbook creation, game planning and film review, and a dedicated community platform that caters specifically to coaches' unique needs. That is where Clipboard Nation comes in.
It was not immediately clear how many employees were affected by Microsoft's recent layoffs. Tech giant Microsoft has quietly laid off an entire internal team focused on diversity, equity, and inclusion (DEI)---making the company the latest corporation to ditch diversity-based initiatives.
French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.
