Spotify Laying Off 17% of Staff & Tesla Losin...

#969: The expected “Blue Wave” turned into a Blue tsunami as Democrats flipped Senate seats in Red states. AI data center stocks tumble following the Democrats big win in key data center hubs. Now, many are expecting a tech backlash following the midterm election results. Finally ...  Show more

#968: The economy is the top issue for voters heading into the midterm elections. AI data centers make their appearance in 10 states’ ballot measures. Prediction markets activity is expected to skyrocket and many are facing questions about their accuracy ahead of the November ele ...  Show more

Audio streaming juggernaut Spotify laid off 17% of its workforce today after a large uptick in users and its first profitable quarter since 2021. What are constant layoffs like this doing to the psyche of workers? Plus: KISS lives on as the first US digital avatar band and Alaska ...  Show more

Tesla reported a 9 per cent decline in first-quarter revenue, Spotify kicked off a more mature era for its business after years of freer spending, and the US Federal Trade Commission banned non-compete clauses for employees. Plus, international investors have ...

Spotify’s just announced its best user growth ever, but the stock fall 14% — Because sometimes a user can be a loser. UPS just reached an agreement with the workers’ union, it won’t go on strike — But 2023 is still the “Year of the Strike.” And Sam Altman’s WorldCoin just launche ...  Show more