Celebrity Life
Spotify’s Joe Rogan Controversy Isn’t Over Yet
Spotify needs to do more soul-searching. That’s the prevailing opinion among crisis management experts in the aftermath of recent boycotts by artists and fans over the popular streaming service’s loyalty to Joe Rogan’s controversial podcast. Following the public outcry, Spotify now finds itself at a crossroads between supporting its subscribers by moderating harmful content and…
SoftBank Plans to Take Arm Public After Nvidia Abandons Deal
SoftBank Group Corp. said it plans an initial public offering for Arm Ltd. after Nvidia Corp. abandoned a proposed acquisition of the chip designer in the face of fierce opposition from regulators and customers. The Japanese company said it’s aiming for an IPO in the U.S. in the fiscal year ending in March 2023. In…
Frontier to Buy Discounter Spirit Airlines for $2.9 Billion
Ultra-low-cost carriers, with an unrelenting focus on fares and expenses, stand to grow quickly as travel normalizes.
Thiel-Backed Miner Partners With Bilfinger on Europe’s First Lithium Refinery
The agreement is part of a push to supply the region’s shift toward battery-powered cars.
Starbucks Staff Can Vote to Unionize at Three More New York Stores, U.S. Labor Official Rules
Starbucks Corp. employees at three more restaurants in New York state will vote on unionization, a U.S. labor official ruled Friday, offering organizers a chance to expand a new labor foothold that’s already inspiring copycat efforts around the country. In her ruling, Nancy Wilson, an acting regional director of the National Labor Relations Board, rejected…
Facebook Parent Meta Will Require COVID-19 Boosters for Employees to Return to the Office
Meta employees have been working remotely since March 2020, and multiple return-to-office plans have been delayed.
What a Record-Breaking Year For IPOs Tells Us About the Economy
2021 was a crowded year for companies entering public markets with 980 businesses going public—more than double the number that did so in 2020.
‘I’d Love to Throw a Chair at Somebody.’ College Athlete TikTok Stars Are Signing on With WWE
The Cavinder twins, who have 3.8 million TikTok followers, headline a group of athletes who have partnered with pro wrestling.
Samsung to Replace Co-CEOs, Reorganize Consumer Business
Samsung Electronics Co. is combining two of its three business divisions and appointing new leaders to replace its three co-chief executive officers in its biggest management shakeup since 2017. The reorganization, decided under the oversight of de-facto leader and Samsung heir Jay Y. Lee, will see the consumer and mobile divisions merged into a newly…
Jack Dorsey Steps Down as Twitter CEO, Replaced by CTO Parag Agrawal
Jack Dorsey, the co-founder and chief executive officer of Twitter Inc., is stepping down, ceding the position to the company’s chief technology officer Parag Agrawal. The move is effective immediately, though Dorsey will stay on the board of the social media company until his term expires in 2022, Twitter said in a statement Monday. “I’ve…
Why This Dating App Is Paying All Employees an $80,000 Minimum Salary
The decision is similar to that taken by the Dan Price, the CEO of credit card processing startup Gravity Payments
The Buck Stops Here: Dollar Tree Raises Prices to $1.25
Dollar Tree said the reason for raising its prices to $1.25 was not due to “short-term or transitory market conditions."
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