Spotify to cut 17% of workforce, CEO says

(NEW YORK) -- Spotify plans to cut about 17% of its staff, CEO Daniel Ek said Monday."To be blunt, many smart, talented and hard-working people will be departing us," Ek said in a note to staff posted on the company's website.The layoffs at the... Read More.

Sam Altman steps down from role as CEO of OpenAI

(NEW YORK) -- Sam Altman is stepping down from his role as CEO of OpenAI, the company announced on Friday.The departure follows a review process undertaken by the company's board of directors, OpenAI said.This is a developing story. Please check back for updates. Copyright ©... Read More.