Author: News Room
Robinhood, the stock-trading app that became synonymous with the pandemic-era’s retail-investing boom, is cutting 10% of its workforce and joining tech’s “Great Flattening.”CEO Vlad Tenev told employees in a memo on Tuesday that the company’s business “has never been stronger,” but said Robinhood needed to become leaner as it scales.…
Presented by LinkedIn Ads.CMO Insider is the podcast where marketing power players share candid takes, career lessons, and the power moves shaping the future of the industry.Hosted by Business Insider’s Lara O’Reilly, each episode goes inside the minds of the leaders behind some of the world’s biggest brands, campaigns, agencies,…
Disney isn’t building a “super app” tying together all its businesses — at least not yet.Adam Smith, the chief product and technology officer for Disney Entertainment and ESPN, told employees at a town hall last week that the company isn’t planning to turn Disney+ into a hub for buying tickets…
Rivian is doing a small round of layoffs hot on the heels of its latest vehicle launch.The EV maker is cutting less than 2% of its workforce amid a make-or-break year.”We recently restructured a handful of teams within Rivian as we work to profitably scale our business,” a company spokesperson…
Amid international conflicts and domestic tensions, some may feel that the US is not the safest place to live right now.While safety can be a subjective measure, that assessment is not entirely off base: The US is ranked the 134th most peaceful country in the world — falling behind nations like Venezuela, Lebanon, and…
After more than a decade of work, Snap on Tuesday unveiled Specs, a new pair of augmented reality glasses with a price tag more commonly seen on a gaming PC or high-end TV: $2,195.The launch marks Snap’s biggest bet yet on a future where computing moves from smartphones to eyewear, a…
Verizon is looking to attract and retain customers by offering new, simpler plans that will drop activation and upgrade fees while also rolling out a new loyalty program offering discounts and other perks. The company is competing aggressively with AT&T and T-Mobile in the telecoms market, with rivals looking to…
Pizza Hut is getting a new owner after years of weak sales and growing questions about the future of one of America’s best-known pizza brands.Yum! Brands said Tuesday it entered into agreements to sell Pizza Hut for $2.7 billion, splitting the business between two buyers. LongRange Capital, a private equity…
I’m exhausted by my children who constantly need my full attention. My full attention watching a monster truck do the same flip 20 times over a cardboard box. My full attention watching the 15th cartwheel or the third puppet show in the last five minutes. I’m exhausted by these children…
Microsoft was recently in talks with Oracle about leasing the company’s cloud infrastructure, but the deal fell through due to security and compliance concerns, according to people familiar with the matter. One of the people said that the deal could have been worth more than $3 billion.The failed talks highlight…
