Tag Archives: faces

Today’s top business headlines: Spotify adds users, Boeing faces new pressures, and Adam Neumann eyes a WeWork comeback

  By Kelly Cloonan February 07, 2024 Spotify’s posts subscriber growth: Spotify reported a 23% rise in monthly active users in the fourth quarter, which now total 602 million, just ahead of analysts’ expectations of 601.33 million. The rise, announced Tuesday, comes after the company raised subscriber prices and cut thousands of employees in a … Continue reading Today’s top business headlines: Spotify adds users, Boeing faces new pressures, and Adam Neumann eyes a WeWork comeback

3 blunt things Black people want their white coworkers to know, but won’t say to their faces

    By Fatimah Gilliam February 02, 2024 I believe it is time to lift the veil on a workplace reality some white leaders, managers, and employees may find surprising. Many white people aren’t on nearly as good and friendly terms with some of the Black people they work with as they might think. In … Continue reading 3 blunt things Black people want their white coworkers to know, but won’t say to their faces

Tiny Tina’s Wonderlands developer faces layoffs in latest Embracer cuts

Tiny Tina’s Wonderlands developer faces layoffs in latest Embracer cuts Lost Boys Interactive is the latest studio to face cost-cutting measures. Sarah Fielding   Mon, Jan 15, 2024,   Gearbox / 2K We’re just a couple of weeks into 2024, but the layoffs that plagued the gaming industry last year are back. An undisclosed number … Continue reading Tiny Tina’s Wonderlands developer faces layoffs in latest Embracer cuts

Legacy TV Faces Challenges: Maturing Streaming, Lack Of A Future Ad Vision

Legacy TV Faces Challenges: Maturing Streaming, Lack Of A Future Ad Vision by Wayne Friedman , Staff Writer, August 22, 2023 With connected TV’s advertising investment looking to grow 13% to $25.9 billion globally this year  — and 10.4% over the next five years, according to GroupM — that would suggest a now maturing business. But … Continue reading Legacy TV Faces Challenges: Maturing Streaming, Lack Of A Future Ad Vision

Generative AI faces more regulatory and legal challenges

The FTC has opened an inquiry into ChatGPT owner OpenAI, while Google faces a genAI-related lawsuit. Kim Davis on July 13, 2023 With creative workers across the board, including marketers, looking to a future of generative AI-powered content creation, some of the highest profile vendors of the disruptive technology are facing regulatory inspection and at … Continue reading Generative AI faces more regulatory and legal challenges

Disney is cutting 7,000 jobs in a cost-saving blitz as traditional TV faces an existential crisis

  By Michael Grothaus February 09, 2023 Tech companies aren’t the only ones seeing mass layoffs. America’s premier entertainment giant, the Walt Disney Company, has announced it will lay off 7,000 of its workers in an effort to cut $5.5 billion in costs. Disney CEO Bob Iger, who only returned to the helm last November, … Continue reading Disney is cutting 7,000 jobs in a cost-saving blitz as traditional TV faces an existential crisis

FaZe Clan faces possible delisting from the Nasdaq—just 6 months after going public

  By Chris Morris January 26, 2023 Wall Street, it would appear, has more than a few doubts about e-sports. FaZe Clan, the digital gaming-and-e-sports-content platform that went public just over six months ago with a valuation of $1 billion, is already trading well below a dollar per share, putting the company at risk of … Continue reading FaZe Clan faces possible delisting from the Nasdaq—just 6 months after going public

Activision Blizzard faces wrongful death lawsuit over employee suicide

Activision Blizzard continues to remove employees amid misconduct allegations But CEO Bobby Kotick reportedly tried to keep a lid on the exact figures. K. Holt @krisholt January 17th, 2022 Drew Angerer via Getty Images Since July, 37 Activision Blizzard employees have been fired or forced out and another 44 have been disciplined as the company … Continue reading Activision Blizzard faces wrongful death lawsuit over employee suicide