Music streaming giant Spotify said Monday it would reduce its number of employees by around 17 percent in a bid to cut costs amid "dramatically" slower economic growth. Ek said the company now finds itself in a very different environment, noting that "economic growth has slowed dramatically and capital has become more expensive."
Bitcoin on Monday rose past $40,000 for the first time since May last year, boosted by hopes that the United States will soon allow broader trading of the world's biggest cryptocurrency. Bitcoin has also been boosted by hopes that the US Federal Reserve has wrapped up its hiking programme and may cut interest rates next year.
Rapid developments in artificial intelligence -- and recent turmoil at industry powerhouse OpenAI -- have brought fresh attention to a key hub of ethics research related to the technology in Montreal, led by Canadian "godfather of AI" Yoshua Bengio.
Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control. But by dropping X, "you are opening yourself up for competitors to step into your territory," warned Kellis Landrum, co-founder of digital marketing agency True North Social.
Spanish police on Friday said they had arrested a man wanted by Washington for allegedly conspiring with cryptocurrency experts to help North Korea evade sanctions over its nuclear program.
Rockstar Games said it will release a trailer next Tuesday for the first installment in a decade of "Grand Theft Auto," video-gaming's controversial blockbuster. One of the most famous franchises in the world of video games, GTA has never been free of controversy, due to its sulfurous mix of violence, sex and gangster life.
The EU on Friday demanded Instagram-owner Meta provide more information about measures taken by the company to address child sexual abuse online.
A federal judge on Thursday temporarily blocked a ban on TikTok set to come into effect next year in Montana, saying the popular video sharing app was likely to win its pending legal challenge.
Google's position as king of the search engines is under threat like never before, but the firm's global policy chief told AFP this week it still had the edge over its AI competitors. And Walker, who joined Google in 2006 and heads its legal and policy teams, chose his words carefully on AI's potential to upend the search engine market.