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BUSINESS

Spotify becomes latest tech giant to cut jobs, with 6% of workforce to be shed

Digital Desk -
Music streaming service Spotify has said it is cutting 6 per cent of its global workforce, becoming the latest tech company to resort to...
BUSINESS

Elon Musk in court to defend Tesla buyout tweet in civil case

Digital Desk -
Elon Musk was summoned to court on Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private...
BUSINESS

Amazon to make big business changes in EU settlement

Digital Desk -
Amazon has agreed to make major changes to its business practices to settle antitrust investigations that found the ecommerce giant gave itself an unfair...
FINANCE

Markets close weaker as investors price in more rate hikes

Digital Desk -
Inflation is close to it's peak, as CPI data suggests going from 10.4% to 10% over November, but rate hikes are still on the...
BUSINESS

Disney announces former CEO Bob Iger will return for two years

Digital Desk -
Former Disney CEO Bob Iger will return to head the company for two years in a move that has stunned the entertainment industry. The US...
BUSINESS

One dead and 16 hurt as car crashes into front of Apple store

Digital Desk -
One person died and 16 were hurt when a car crashed through the front window of an Apple shop in Massachusetts, authorities said. Police are...
BUSINESS

Elon Musk makes it ‘super clear’ no change to Twitter moderation policies yet

Digital Desk -
New Twitter owner Elon Musk has made it “super clear” he has not yet made any changes to the social media platform’s content moderation...
BUSINESS

Credit Suisse to pay £207.5m to settle French tax fraud case

Digital Desk -
Credit Suisse has agreed to pay 238 million euros (£207.5 million) to settle tax fraud allegations, French prosecutors have said, in the latest blow...
FASHION

Balenciaga fashion house cuts ties with Ye, according to report

Digital Desk -
The Balenciaga fashion house has cut ties with Ye, the rapper formerly known as Kanye West, according to a news report. The move came after...
BUSINESS

Ikea calls 2022 an ‘exceptional year’ despite challenges

Digital Desk -
Swedish home furnishings giant Ikea has said that despite “unprecedented challenges” caused by the war in Ukraine, supply chain disruptions, increased inflation and lingering...
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