Photo Credit: Travis Gergen Disney is exiting the metaverse entirely — and laying off around 50 employees from its metaverse division. The move comes as the Walt Disney Co. announced a round of layoffs impacting […]
Photo Credit: Gage Skidmore / CC by 2.0 Spotify continues ramping up its video podcasts business with a new deal with YouTube creator Markiplier. The new deal will see Spotify become the exclusive host of […]
Photo Credit: CardMapr Alphabet has posted disappointing Q4 2022 results that missed analysts’ expectations as YouTube ad revenue declines again. Alphabet posted quarterly revenues of $76.05 billion, up just 1%, with net income of $13.62 […]
Photo Credit: Hipgnosis Songs Fund Hipgnosis stock (SONG on the London Stock Exchange) has suffered an approximately 32 percent valuation falloff since 2022’s beginning. But the high-profile entity’s market cap remains above £1 billion, and […]
Several buildings on the University of Oklahoma campus. Photo Credit: Nicholas Benson After a number of states prohibited government employees from using TikTok due to security concerns – and as Congress weighs a similar measure […]
Photo Credit: Dima Solomin On Monday, reports suggested that Facebook and Instagram parent Meta was preparing to make largescale layoffs. Now, the Menlo Park-headquartered company has officially followed through and cut north of 11,000 team […]
Photo Credit: Dima Solomin On Monday, reports suggested that Facebook and Instagram parent Meta was preparing to make largescale layoffs. Now, the Menlo Park-headquartered company has officially followed through and cut north of 11,000 team […]
Photo Credit: Brusk Dede Back in March, Amazon launched a live-radio app called Amp. Now, amid a broader push to reduce costs, the ecommerce giant has reportedly laid off about half of the team behind […]
Photo Credit: Ledger Insights Non-fungible token (NFT) sales have dropped to new lows amid a broader downturn in the crypto market. Data research firm Chainalysis reports that NFT sales totaled $1 billion in June. That’s […]
Photo Credit: Paper Magazine YouTube 300 Entertainment and Atlantic Records executives are calling for broader legal reforms like New York’s ‘Rap Music on Trial’ bill. 300 Entertainment CEO Kevin Liles and Atlantic Records COO Julie […]