This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Last week, I headed 30 miles south of San Francisco to a hotel in Mountain View, California, to join some of the most accomplished, and some of the most promising, AI…
X, formerly known as Twitter, was throttling traffic to websites that the social network’s owner Elon Musk publicly dislikes. The platform slowed down the speed it takes when accessing links to a handful of websites including The New York Times, Instagram, Facebook, Bluesky, Threads, Reuters and Substack. The platform appears to be reversing the slow […]
Selling your business is a significant milestone, signifying the end of one chapter and the beginning of another. As you embark on this new journey, here are some tips to approach it.
Searches for “UPS” or “United Parcel Service” jobs have skyrocketed since UPS came to a tentative agreement with the Teamsters on a new pay package. Here’s a look at which states are searching the most.
A year after Chicken Soup for the Soul Entertainment (CSSE) purchased Redbox for $375 million, the company continues to be hit by losses and looks to reduce costs across all aspects of its business. CSSE reported its second quarter 2023 earnings this week, which showed a net loss of $43.7 million– more than double the […]
The global economy has been witnessing significant challenges recently, and China’s role in shaping the world economy can hardly be overstated. As the second-largest economy in the world, China’s economic…
In the first quarter of 2023, we reported that Jumia recorded its lowest losses in four years. Its adjusted EBITDA and operating losses dropped to $27 million and $30.9 million. Those numbers represented a 55% and 57% decrease year-over-year, on track to meet the company’s end-of-year target of $100-120 million in adjusted losses. Jumia’s recently […]