By Chris Morris April 20, 2023 After hemorrhaging cash for years, WeWork is now facing a possible delisting by the New York Stock Exchange (NYSE). The company announced this week that it had received a “continued listing standard notice” from the exchange, stating that, since April 11, 2023, it had fallen out of … Continue reading With its stock down 65% this year, WeWork is now at risk of being delisted from the NYSE
News Publishers’ Twitter Ad Spend Down 83%, Study Finds by Colin Kirkland , April 14, 2023 New findings from advertising intelligence platform MediaRadar reveal an alarming 83% year-over-year decrease in news publishers’ Twitter ad spend from January 1, 2022 through February 28, 2023. Since Twitter CEO Elon Musk bought the microblogging platform in October 2022, … Continue reading News Publishers’ Twitter Ad Spend Down 83%, Study Finds
Spotify will shut down ‘Heardle’ on May 5th Kris Holt @krisholt Spotify has some disappointing news for Heardle fans: the company is shutting down the song-guessing game, which it bought last summer. “Thanks for playing Heardle, but unfortunately we have to say goodbye,” a message on the Heardle webpage reads. “From May 5th, Heardle will … Continue reading Spotify will shut down ‘Heardle’ on May 5th
My to-read list exploded thanks to free books through the Libby app Kris Naudus @krisnaudus Lockdown here in New York didn’t seem so bad, as I could encase myself in a cocoon of movies, TV shows and comics to keep myself entertained. As for books, however, there was one problem: The libraries in the … Continue reading E-book library app OverDrive is shutting down on May 1st
Nathan Ingraham One thing you can definitely say about Amazon’s Kindle: It’s not the kind of device you need to upgrade often, even if you’re an avid reader. I’ve been using the same one since late 2015, and it’s still going strong. But Amazon caught my attention with the 5th-generation Paperwhite. For the first time … Continue reading Amazon sale knocks the Kindle Paperwhite down to $100
The US government is trying to force ByteDance to sell TikTok Karissa Bell @karissabe The Biden Administration is significantly increasing pressure on ByteDance just days before TikTok’s CEO is set to testify in front of Congress. The United States government is now “demanding” that ByteDance sell TikTok, according to a new report in The … Continue reading A TikTok ban is a lot more complicated than just shutting down the app
Geico Slashed 2022 Ad Spend 38%, Other Big Insurers Also Down by Karlene Lukovitz @KLmarketdaily, March 16, 2023 The four largest personal property and casualty insurers cut advertising spending significantly last year, in part to offset rising costs due to the growing number of climate-driven natural disasters. Berkshire Hathaway-owned Geico — which recently dropped its … Continue reading Geico Slashed 2022 Ad Spend 38%, Other Big Insurers Also Down
Ad-Supported Streaming Adoption Up To 64%, Ad Tolerance Down by Karlene Lukovitz @KLmarketdaily, March 3, 2023 Yes, more and more consumers are signing up for ad-supported streaming services. But a bit of weariness with ads may already be creeping in. TiVo’s Q4 2022 video report, based on a survey of 4,493 adults in the U.S. … Continue reading Ad-Supported Streaming Adoption Up To 64%, Ad Tolerance Down
Amazon freezes construction of second headquarters in Virginia amid job cuts Will Shanklin Amazon is pausing construction on its second headquarters in Arlington, VA. The company tied the decision to “a reassessment of office needs to account for remote work,” although the move came months after the retailer laid off around 18,000 workers. The … Continue reading Amazon is shutting down eight cashierless Go stores
By Connie Lin February 10, 2023 Update Friday, 9:49 a.m. ET: On Thursday, the SEC said crypto exchange Kraken would “immediately” end its platform’s crypto staking service, and pay $30 million to settle SEC charges that it was listing unregistered securities. The news confirms rumors that the SEC would target staking as it tightens … Continue reading The SEC comes for crypto staking: Coinbase makes its case as Kraken stands down
