By Michael Grothaus November 01, 2023 WeWork stock is plunging in pre-market trading on Wednesday after reports said the company is on the cusp of filing for bankruptcy. News of its impending bankruptcy announcement sent WeWork shares to an all-time low. Here’s what you need to know. What’s happened? (November 18, 2023) The Wall … Continue reading WeWork stock price falls to an all-time low after bankruptcy report
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Bandcamp loses half its staff after being bought by Songtradr
Bandcamp loses half its staff after being bought by Songtradr Only 58 of Bandcamp’s employees received a contract offer to stay on. Mariella Moon Updated Tue, Oct 17, 2023 Flashpop via Getty Images Half of Bandcamp’s employees have lost their jobs following the company’s acquisition by Songtradr, according to SFGate and Variety. Songtradr spokesperson … Continue reading Bandcamp loses half its staff after being bought by Songtradr
Letterboxd sells a majority stake after explosive pandemic-fueled growth
Letterboxd sells a majority stake after explosive pandemic-fueled growth Reportedly valued at over $50 million, the site has around 10 million active users. Will Shanklin Updated Fri, Sep 29, 2023 Letterboxd The film-focused social media site LetterBoxd has new ownership. Cofounder Matthew Buchanan announced on Friday that Tiny, a venture capital firm, has bought … Continue reading Letterboxd sells a majority stake after explosive pandemic-fueled growth
Jack Dorsey is heading Square again after its current CEO steps down
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
The IRS is going after tax-dodging millionaires—with help from AI
By Associated Press September 08, 2023 WASHINGTON (AP) — The IRS announced on Friday it is launching an effort to aggressively pursue 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes. IRS Commissioner Daniel Werfel said that with a boost in federal funding and the … Continue reading The IRS is going after tax-dodging millionaires—with help from AI
Universal Analytics still processing data two months after ‘sunset’
UA accounts that are still processing data could be retired at any time, so Google still strongly advises only using GA4. Nicola Agius on September 5, 2023 Google had warned that everyone would be forced to migrate over to Google Analytics 4 by July 1 or else they would lose the ability to track the performance of … Continue reading Universal Analytics still processing data two months after ‘sunset’
AI boost? Bing’s market share is down 6 months after launch
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
Fisker reveals more about its Alaska electric pickup
Fisker’s Alaska EV pickup has absurd big gulp and cowboy hat holders Steve Dent @stevetdent Fisker recently unveiled the Alaska electric pickup with a starting price of $45,400, one of the least expensive models out there. Now, the company has revealed more details about it including battery sizes, acceleration, projected range and more. … Continue reading Fisker reveals more about its Alaska electric pickup
Microsoft Added Generative AI After Nadella’s ‘Mind-Blowing’ Experience
Microsoft Added Generative AI After Nadella’s ‘Mind-Blowing’ Experience by Laurie Sullivan , Staff Writer @lauriesullivan, July 12, 2023 Microsoft Advertising has been working with AI for years, integrating it into Bing and other products, but it wasn’t until CEO Satya Nadella got a glimpse into what OpenAI’s technology could do that it really took off inside … Continue reading Microsoft Added Generative AI After Nadella’s ‘Mind-Blowing’ Experience
Why is Anchor Brewing Co. closing? San Francisco icon halts operations after 127 years
By Associated Press July 12, 2023 San Francisco’s 127-year-old Anchor Brewing Co. will shut down after years of declining sales, citing tough economic conditions. “We recognize the importance and historic significance of Anchor to San Francisco and to the craft brewing industry, but the impacts of the pandemic, inflation, especially in San Francisco, and a … Continue reading Why is Anchor Brewing Co. closing? San Francisco icon halts operations after 127 years