Dec. 4, 2023 - Spotify is cutting 17% of its global workforce, marking its third round of layoffs this year in a cost-cutting effort to prioritize profitability. (Photo: Technologistan)
Estimated read time 2 min read
Business Sweden

Spotify orchestrates layoffs in pursuit of profitability symphony

  • Post Date 12/04/2023

In a surprising move that has sent shockwaves through the music streaming industry, Spotify has announced its third round of layoffs this year, eliminating 17% [more…]

Venezuela contends that it enjoys substantial public backing for asserting control over an oil-rich territory situated along the Guyana border. (Photo: Federico Parra | Getty Images)
Estimated read time 2 min read
Guyana Trending Venezuela

Venezuela asserts significant backing for incorporating oil-rich Guyana region

  • Post Date 12/04/2023

In the aftermath of the controversial referendum in Venezuela, tensions between the neighboring countries of Venezuela and Guyana escalated over the disputed Essequibo region. The [more…]

Spot gold prices surged to a record high of $2,110.8 per ounce on Monday but retreated slightly, with analysts anticipating continued strength above $2,000 levels throughout the coming year. (Photo: Forbes India)
Estimated read time 3 min read
Investing & Markets U.S.

Gold hit new record, surpassing $2,100 amid global demand surge

  • Post Date 12/04/2023

Gold prices soared to a historic high for the second consecutive day on Monday, reaching a staggering $2,100 per ounce as the global rush for [more…]

Dec. 3, 2023 - Alaska Airlines unveils $1.9 billion acquisition of Hawaiian Airlines, bolstering its position as the fifth-largest U.S. airline. (Photo: Tayfun Coskun)
Estimated read time 3 min read
Business U.S.

Alaska Airlines set to soar to new heights with $1.9 billion acquisition of Hawaiian Airlines

  • Post Date 12/03/2023

In a groundbreaking announcement on Sunday, Alaska Airlines revealed its ambitious move to acquire Hawaiian Airlines for a staggering $1.9 billion. This strategic maneuver aims [more…]

On Friday, the Japanese gas company Iwatani announced its intention to acquire approximately a 20% stake in Cosmo Energy Holdings from a consortium of activist investors. (Photo: FuelCellsWork)
Estimated read time 2 min read
Business Japan

Japanese gas company Iwatani to acquire 20% stake in Cosmo Energy Holdings, ending battle with activist investors

  • Post Date 12/01/2023

In a strategic move to strengthen its position in the energy sector, Japanese gas company Iwatani has announced its decision to purchase a 20% stake [more…]

Apple and Paramount Global are considering a discounted bundle of their streaming services, joining other entertainment giants in efforts to enhance affordability and attractiveness. (Photo: Shutterstock)
Estimated read time 3 min read
Entertainment U.S.

Apple and Paramount explore streaming bundle collaboration to fight rising competition

  • Post Date 12/01/2023

In a bid to navigate the fiercely competitive streaming landscape, Apple and Paramount Global are reportedly in early discussions about bundling their streaming services, Apple [more…]

PGA Tour commissioner Jay Monahan mentioned that additional parties are being considered to participate in the investment agreement alongside Saudi Arabia’s Public Investment Fund. (Photo: David Berding | Getty)
Estimated read time 3 min read
Saudi Arabia Sports U.S.

PGA Tour commissioner provides latest insights with Saudi investors and advancements in merger negotiations

  • Post Date 11/30/2023

In a recent statement, PGA Tour Commissioner Jay Monahan revealed that the organization is actively engaged in discussions with multiple potential investors as the December [more…]