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After laying off 11K employees, it looks like Meta plans to lay off thousands more as in their “year of efficiency.”
The rise and fall of Birchbox, Woom offers subscriptions for the workplace, and Pinterest tests a premium video ad format.
In their annual Loud & Clear report, Spotify reveals they pay out 70% of every dollar to the music industry.
Amazon shuts 8 Amazon Go stores, Snapchatp allows users to restore Snapstreaks and Ring wants users to pay up.
Satellite radio company SiriusXM will lay off 475 employees, or 8% of their workforce, for the company’s long-term health and profitability.
WW International, aka Weight Watchers, is acquiring telehealth company Sequence for $132 million.
Phase 2 of Amazon HQ2 construction is being put on hold in Arlington, Virginia. Phase 1 is set to open June 2023.
Zumper launches a FlexPass membership for short-term rentals for $300 a year.
Snap debuts AI chatbot for paid subscribers, Peloton board accused of insider trading, Amazon closes One Medical deal.
Less than a month after laying off 8,000 employees, Salesforce reports double-digit growth for Q4 and FY2023.
