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It’s official – Vice Media went bankrupt this morning
It’s official, the once worth $5.7bn media company has filed for bankruptcy this morning at 9am. The company,…
Paramount cuts 25% of domestic team and shut down MTV News amidst reorganization
Paramount Global, under the leadership of Chris McCarthy, is cutting 25% of its domestic staff as part of…
Asos cuts marketing spend by 8% to prioritize profitability under new CEO’s leadership
Asos, the international online fashion retailer, has reduced its marketing spend for the six months to 28 February…
Shopify to cut 20% of workforce and sell logistics business to Flexport
Shopify, a leading e-commerce software provider, has announced a significant reduction in its workforce, with more than 2,000…
Vice Media faces bankruptcy despite $5.7 billion valuation and investments from Disney and Fox
Vice Media, a company that used to be really popular and received a lot of money from big…
BuzzFeed shuts down news division amidst workforce reduction plan
BuzzFeed, the online media giant, announced the closure of its news division as part of a broader plan…
Meta Verified faces backlash for revealing users’ legal names
Meta Verified, a subscription service offered by Facebook that provides users with a verification badge, has come under…
L’Oreal makes landmark $2.5bn acquisition of Aesop, Australian luxury cosmetics brand
French cosmetics giant L’Oréal has announced its acquisition of Australian luxury cosmetics company Aesop in a landmark deal…
Recent changes on Twitter: Retweet labels and Doge icon
If you’ve been scrolling through your Twitter feed lately, you might have noticed some changes happening. Two of…
Nick Fury returns in new trailer for Marvel’s Secret Invasion series on Disney Plus
The latest trailer for Secret Invasion serves as a teaser for Marvel’s upcoming large-scale battle. Samuel L. Jackson’s…