By Sam Becker November 21, 2023 Changpeng Zhao (also known simply as “CZ”), the founder and CEO of cryptocurrency exchange Binance, has agreed to step down from his position and will plead guilty to violating anti-money laundering requirements enforced by the U.S. Department of Justice, according to numerous media reports. Zhao is expected in … Continue reading Binance CEO Changpeng ‘CZ’ Zhao will step down in a dramatic fall for one of crypto’s most visible leaders
By Chris Morris November 09, 2023 Omegle, the anonymous video chat service founded in 2009, which saw a surge of popularity as people were isolated at home during the pandemic, has finally called it quits after 14 years. The closure comes following the settlement of a recent lawsuit that alleged Omegle gave sexual predators … Continue reading Omegle founder announces the site is shutting down in a wild goodbye note
By Grace Snelling November 09, 2023 It’s a sad day for long-time readers and editors of the feminist online publication Jezebel. G/O Media, Jezebel’s parent company, is shuttering the brand and laying off its staff after failing to find a buyer for the site. “As of this week, we are making the very, very … Continue reading RIP ‘Jezebel’: The website is shutting down, but the conversations it sparked will live on
By Yasmin Gagne November 05, 2023 After John Furner, president and CEO of Walmart U.S., told Bloomberg in October that GLP-1s, a class of medications prescribed for weight loss—which include Ozempic, Mounjaro, and Wegovy—are changing how shoppers behave, resulting in their buying slightly less food, shares for Mondelez (maker of Oreo), PepsiCo, and Hershey’s … Continue reading Ozempic is not going to slim down your stock portfolio (yet)
Revel is shutting down its shared electric moped service It’s focusing on its EV ride-hailing service and charging stations going forward. Mariella Moon Sat, Nov 4, 2023 Drew Angerer via Getty Images Revel is leaving behind its roots and ending its (at times controversial) electric moped service New York City and San Francisco. Company … Continue reading Revel is shutting down its shared electric moped service
Intuit is shutting down Mint, its popular free budget-tracking app It’s asking users to switch to Credit Karma instead. Steve Dent Fri, Nov 3, 2023 Intuit/Mint Intuit is shutting down its free budgeting app Mint, which had 3.6 million active users in 2021, Bloomberg reports. The company will absorb users into its other service … Continue reading Intuit is closing down Mint, its popular free budget-tracking app
Square is rebranding itself as ‘Block’ The blockchain made the company do it. Igor Bonifacic Jeff Greenberg via Getty Images Payments firm Square plans to change its name to Block as cryptocurrencies and other blockchain technologies become a bigger part of its business. On Wednesday, the company announced it will move forward with … Continue reading Jack Dorsey is heading Square again after its current CEO steps down
Microsoft disputes the data but it’s clear AI hasn’t turned its Bing into the Google-slayer the company hoped for. Danny Goodwin on August 21, 2023 It’s been just over six months since the new AI-powered Bing with Bing Chat launched – but its overall search engine market share is down slightly globally and in the … Continue reading AI boost? Bing’s market share is down 6 months after launch
By Sam Becker July 05, 2023 With companies like Cava Group and Savers Value Village hitting the public markets in recent weeks, it may feel like IPOs are seeing a resurgence after seemingly going dormant for the past year or so. But the most recent Global IPO Trends report from EY, which covers the … Continue reading The IPO market is still down, but EY says an upswing could finally be on the way
Stitcher redesign brings cleaner look and new features to the podcast app Kris Holt| @krisholt Stitcher has revealed a new look for its podcast app, which boasts several useful features and upgrades. The service says the revamped web, iOS and Android app has better user control and navigation along with its more streamlined design. … Continue reading Podcast app Stitcher is shutting down in August
