Sam Altman’s ouster leaves OpenAI, Microsoft employees ‘completely shocked,’ insiders say
Microsoft executives were given only a few minutes’ notice before the announcement that Sam Altman, co-founder and CEO of…
ESPN’s VP of sports betting shares the 4 ways he’ll measure success for ESPN Bet and what could give it an edge against the competition
Previously housed within an iconic red square, ESPN’s signature “E” found a new home on November 14 nestled snugly…
Spotify plans to split with its longtime ad agency as it looks beyond music streaming for growth
Spotify is quietly looking for a new ad agency to handle its media planning and buying as it expands…
Saba Capital’s 2023 woes continue. Two of its funds are down more than 10% this year.
Saba Capital, Boaz Weinstein’s $4.8 billion hedge fund manager, hasn’t had the best year. According to the most recent…
‘Community’ is the latest trend that creator-economy startups and platforms are betting big on: ‘Creators are the new priests’
Community is the new favorite word in the creator economy. Community has been at the forefront of press releases…
BlackRock is overhauling its lobbying unit as the firm scrambles to protect its reputation, leaked memo shows
As a US presidential election year approaches and lawmakers continue to scrutinize BlackRock, the investment firm is reshaping a…
5 key takeaways from a new survey on how creators influence their audiences, including what followers are willing to pay for
According to a November report from educational platform Teachable that examined how online audiences engaged with influencers, consumers are…
Leaked emails show Amazon is cutting ‘several hundred’ jobs across Alexa business, including the newly launched Artificial General Intelligence team
According to Business Insider, Amazon’s Alexa division is laying off “several hundred” employees, including those on its recently launched…
Here’s how much advertising costs on Netflix, Max, Disney, and others right now as streaming ad prices fall
A year ago, the launch of ad-supported streamers from Netflix and Disney+ came with high prices for advertisers willing…
Roll up, roll up: Private equity funds target buyouts and consolidation at Europe’s cash-strapped tech startups
It wasn’t long ago that circling portfolio companies was considered an insult to venture capitalists. However, the drop in…