Popular music-streaming app Spotify will cut almost a fifth of its workforce despite turning a profit of €65m (£55.7m), according to its latest figures. The firm’s latest round of job cuts will affect around 1,500 people – which is 17% of its current total of 9,300 employees. It’s the third round of job losses at
Daniel Ek, CEO of Swedish music streaming service Spotify. Toru Yamanaka | AFP | Getty Images Music streaming service Spotify is laying off 17% of its workforce, in a dramatic move aimed at reducing its costs and adjusting for a slowdown in growth, CEO Daniel Ek said Monday. In an email sent out to staff,
Culture Secretary Lucy Frazer has said she is concerned the planned 9% rise in the BBC licence fee is “very high” and that the BBC must remain “value for money”. Ms Frazer said the government wanted to ensure the licence fee rises by an “appropriate amount” amid the ongoing cost of living crisis. The licence
The COVID inquiry is about “scapegoating” those at the top of government, Boris Jonnson’s sister has told the Politics at Jack and Sam’s podcast. Ahead of the former prime minister taking the stand on Wednesday and Thursday, Rachel Johnson has said the multi-year inquiry is a “show trial” just like the Parliamentary Privileges inquiry into
The director of the Miss Nicaragua beauty pageant is facing conspiracy charges after allegedly rigging events to help anti-government contestants win. Karen Celebertti is wanted for “promoting ‘innocent’ beauty pageants, in a conspiracy orchestrated to convert the contests into traps and political ambushes financed by foreign agents”. She is also charged with money laundering and
A man has died and another two people have been injured after being attacked in Paris on Saturday evening. The deceased is a German national who was among tourists targeted around the Quai de Grenelle, located about 15 minutes from the Eiffel Tower in the French capital. The suspect was on the French security services
Israel’s determination to completely dismantle Hamas means that takeover of the south is an absolute military necessity. The southern campaign has already started, with air raids in and around the city of Khan Younis fully underway. The problem is that, to all intents and purposes, most of the surviving Gazan population is now crowded into
A canton in Switzerland commissioned a project in which solar panels were attached vertically to a roadside retaining wall. The canton of Appenzell Ausserhoden in northeastern Switzerland is aiming to generate at least 40% of its electricity from renewables by 2035. So, it exercised a little creativity and covered a roadside retaining wall with 756
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Dara Khosrowshahi, CEO of Uber, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023. Adam Galica | CNBC Uber shares rose 5% in extended trading on Friday after the ride-hailing company was added to the S&P 500 Index, replacing Sealed
CEO Jim Farley announced the Ford F-150 Lightning had its best-ever sales month, breaking the record in November. Ford Lightning sets new sales record in November Farley said the company sold nearly 4,400 electric trucks this past month, an over 100% increase compared to last year. The uptick comes after Lightning sales fell by 46%
On Sept. 27, 2023, the President of Brazil, Luiz Inacio Lula da Silva, will take part in a ceremony at the Planalto Palace to sign the concession contracts resulting from the 1st Transmission Auction of 2023. Nurphoto | Nurphoto | Getty Images Brazil will join the influential OPEC+ oil coalition that unites some of the
A wealthy tech entrepreneur who got an MBE for his work has been jailed for 15 years for two rapes and a sexual assault. Lawrence Jones, 55, was convicted in January of assaulting an employee on a 2013 business trip. Last month he was found guilty in another trial of drugging and raping two women
Israel knew about plans for a Hamas attack on its soil more than a year before the 7 October assault that killed more than a thousand people, according to the New York Times. The paper said officials in Israel had a 40-page battle plan, which they called “Jericho Wall”, which set out a hypothetical attack
Mike Coppinger, ESPNDec 1, 2023, 07:31 AM ET Open Extended Reactions Ryan Garcia, WEARING an open black shirt with sparkles that revealed his chest and an oversized gold cross pendant, stood at the dais and answered questions, one after another. With media members glued to every word, he attempted to explain why he couldn’t beat
By Pooja Toshniwal Paharia Dec 1 2023 Reviewed by Lily Ramsey, LLM In a recent study published in eBioMedicine, researchers developed the Flexible, Robust, Equipment-free Microfluidic (FREM) platform for malaria screening and Plasmodium species genotyping. Study: A versatile microfluidic platform for malaria infection screening and Plasmodium species genotyping . Image Credit: nechaevkon/Shutterstock.com Background Malaria, a worldwide health concern
Walt Disney CEO Bob Iger, speaking to thousands of frazzled employees at a town hall meeting, scrambled to downplay speculation that the company is planning to sell a slew of key media properties including ABC and ESPN. “I did not think everyone would run with a story that everything is being sold, which is not
By Vijay Kumar Malesu Dec 1 2023 Reviewed by Lily Ramsey, LLM In a recent study published in The Journal of Antibiotics, a group of researchers analyzed the trends in antimicrobial resistance among urogenital Mycoplasma hominis (M. hominis) and Ureaplasma species in Greece, utilizing 2,992 Ureaplasma spp. and 371 M. hominis isolates from 2014 to
By Vijay Kumar Malesu Dec 1 2023 Reviewed by Lily Ramsey, LLM In a recent study published in Scientific Reports, researchers identified and evaluated the associations of principal dietary patterns with metabolic risk factors in adults from Northwest Ethiopia. Study: Dietary patterns and associations with metabolic risk factors for non-communicable disease . Image Credit: Serhiy Stakhnyk/Shutterstock.com
JPMorgan chief Jamie Dimon sounded the alarm on a possible recession, warning Wall Street to prepare for the threat of rising interest rates even as inflation slows. A lot of things out there are dangerous and inflationary. Be prepared, Dimon said at the New York Times DealBook Summit in New York on Wednesday. Interest rates
Despite the Left pretending to follow the science, the abortion lobby hasnt kept theirs up to date. Spurning medical research from the last several decades which is meant to both improve standard care practices for physicians and inform policymakers abortion supporters are sticking with the science of the 1970s. As they refuse to develop their