Spotify Axes 17% Of Workforce In Third Round Of Layoffs This Year

Netflix has seen subscriptions for its lower-priced advertising tier soar — jumping by 8 million over the past two months, the company said. The streaming giant — which rolled out its Basic With Ads plan for $6.99 a month in November 2022 — has amassed more than 23 million global monthly active users, according to…

The rocky path of inflation back to the Federal Reserve’s 2% target rate reflected in the latest Consumer Price Index figures means that it is likely too soon for the central bank to cut its policy rate in March, Cleveland Fed President Loretta Mester said on Thursday. “I think March is probably too early in my estimation for…

Strike 3 Holdings is a Southern California maker of pornographic films that identifies its products as “high-end, artistic, and performer-inspiring motion pictures produced with a Hollywood style budget and quality.” It has bragged that Greg Lansky, a former owner and the firm’s leading auteur, has been called the porn industry’s “answer to Steven Spielberg.” There’s…

Updated Jan. 8, 2024 6:21 pm ET It’s been more than two days since Alaska Airlines Flight 1282 made an emergency landing after a section of the aircraft ripped off midair, leaving a hole in the plane at 16,000 feet up.  At this point, the probe by the National Transportation Safety Board into the accident…

Artificial intelligence helps people identify what animals they are looking at and aids conservation.

This spring, six different Amazon employees claimed they were wrongfully terminated by the company in retaliation for their involvement in organizing to improve working conditions. Now, at least one of those workers, Courtney Bowden of Pennsylvania, will have her case heard before a judge. Although a victory would mean little in terms of punitive damages,…