Spotify shares were up more than 6.8% in pre-market trading Monday morning after news broke that it would lay off roughly 1,500 of its workforce in an effort for the audio streaming service to cut costs amid slowing growth.
Professional tennis player Nick Kyrgios said he hopes to “disrupt” the world of social media sports stars after joining OnlyFans.
From cleaning up messes to managing takeovers, these so-called boomerang CEOs have made comebacks to top seats at some of the world’s biggest companies.
Nike claims New Balance and Skechers stole its Flyknit technology, a fiber used to make shoes lightweight and supportive while being sustainable.
The billionaire has said he’ll provide satellite internet to aid groups in Gaza after Israeli strikes take out communications.
Renters biologically age at a rate of 2.5 weeks per year faster than those who own their home, researchers say—a worse impact than smoking or unemployment.
The man behind the Duty Free Shoppers retail giant who vowed to die with just $2 million to his name died Monday, his foundation announced, after giving away more than $8 billion to educational, health, science and social causes.
Coldplay accused its manager of 22 years of spending nearly $10 million on a massive and almost unusable screen—after the manager sued the band for unpaid commissions.
Actor Tom Hanks and the daughter of late comedian Robin Williams have become the latest in Hollywood to voice opposition to the use of artificial intelligence so-called deep fakes amid an ongoing SAG-AFTRA strike that seeks to define how AI technology can be used without threatening stars’ lucrative likenesses.
Grimes filed a “petition to establish parental relationship” in a California court.