Spotify is eliminating about 17% jobs, its third round of layoffs this year, as the music streaming looks to become “both productive and efficient.” In a note to employees Monday, Spotify founder and chief executive Daniel Ek said right-sizing the workforce is crucial for the company to face the “challenges ahead.” He cited the slow … Read more
The Cybertruck is a big deal for Tesla. It’s the first new vehicle the electric automaker has produced in three years. In a business built on novelty—traditionally, automakers pump out new features and makes almost every year—that’s a long time to wait for something new. Plus, it’s Tesla’s first entrant into the popular and high-margin … Read more
A McLaren F1 Windshield Replacement Costs $33,000Colleen365gtb4c / Instagram In addition to being one of the greatest cars ever, the McLaren F1 is also one of the most specialized. Just over a hundred of the landmark supercars were produced, all built to the exacting specifications of Gordon Murray without the parts catalog of a larger … Read more
The United Nations has published a major new tally of the impact the world’s food system has on our health and the planet. According to a report from the Food and Agriculture Organization of the United Nations (FAO), the total hidden costs of the world’s food system add up to $12.7 trillion dollars—roughly 10 percent … Read more
People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters U.K. government borrowing costs fell sharply Thursday, continuing a pull-back from recent highs, after the Bank of England joined the Federal Reserve in holding interest rates steady for a second straight … Read more
The physical controls are supplemented by a loaded Bose Music app, which lets you customize performance significantly, from adjusting the timing of the automatic power-down to tuning the various sound modes and disabling the oddly arduous Bose voice prompts. There’s plenty more to tinker with, all of which is pretty neatly organized within the homepage … Read more
You might end up spending less to keep your home warm this winter, according to a US government forecast. The trends vary depending on what part of the US you live in and how you heat your home, according to the US Energy Information Administration’s Winter Fuels Outlook. “The outlook this year is mixed, though … Read more
DeepMind CEO Demis Hassabis at a 2017 event in China. Source: Alphabet Alphabet’s AI lab, DeepMind, cut employee costs by 39% last year, according to a recent filing with a U.K. government agency. For the 2022 financial year, staff costs and other related expenses were 594.5 million pounds (nearly $731 million), down from 969.4 million … Read more
Federal Reserve Board Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, D.C., on July 26, 2023. SAUL LOEB | Getty Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about … Read more
‘I was in complete shock’: New dating trend sees men asking for refunds when they don’t see a ‘return on investment’ — how high costs of living have changed the rules of romance Samantha Costanza went on a fairly unremarkable date last winter. She and her date grabbed hot ciders at a Brooklyn bar. When … Read more