(Brands & Consumers)
Former Vice President of the United States and climate activist Al Gore is officially stepping down from Apple’s Board of Directors as he reaches the age limit set by the company’s policy. Apple, adhering to its rule that directors cannot stand for reelection after turning 75, announced Gore’s retirement on Thursday. Having served on the…
Amazon, the global tech giant, has made significant workforce reductions, affecting two key business units—its streaming platform Twitch and the film and television studios division. The company is trimming “several hundred” roles across Prime Video and Amazon MGM Studios, as confirmed by an internal memo obtained by CNN. Concurrently, Twitch, the video game streaming company…
As anticipation builds for the release of the Samsung Galaxy S24 Series, leaked marketing materials provide a sneak peek into the groundbreaking features that Samsung is poised to deliver. The series not only focuses on robust hardware configurations but also promises an unparalleled software experience, accentuating advancements in Artificial Intelligence (AI). One standout feature highlighted…
In a recent survey conducted by The Conference Board, it was disclosed that a mere 4% of CEOs in the United States and globally are prioritizing a complete return to the office for their employees. The findings signify a notable shift in focus, with business leaders emphasizing talent attraction and retention as their foremost internal…
Global coffee giant Starbucks is facing legal action from the National Consumers League over allegations of deceptive marketing regarding its claims of “100% ethical sourcing” of coffee and tea. The lawsuit, filed in a Washington, DC court, contends that Starbucks falsely represents its commitment to ethical sourcing while engaging with cooperatives and farms involved in…
Netflix’s ad-supported tier has witnessed a substantial growth, reaching over 23 million monthly active users, according to Amy Reinhard, the streaming service’s President of Advertising. This marks an increase of approximately 8 million users in the past two months, with Netflix reporting 15 million global monthly active users in November 2023. Speaking at the Variety…
Snapchat has introduced a new feature allowing parents to decide whether their teenagers can engage with the app’s “My AI” chatbot, addressing concerns about the tool’s safety for young users. The update in parental oversight tools, part of the broader Family Center additions, enables parents to block their teens from interacting with the My AI…
Walt Disney is navigating a pivotal juncture as it seeks to redefine its trajectory in India, a market it entered with the acquisition of Star India from 21st Century Fox five years ago. The conglomerate is currently engaged in discussions with Mukesh Ambani’s Reliance Industries to amalgamate their media businesses, presenting a potential reboot for…
Kia has officially joined the electric van race, presenting a range of highly customizable electric van concepts at this year’s Consumer Electronics Show (CES) on Tuesday. The move places Kia among the growing list of automakers targeting the burgeoning market for electric delivery and commercial vans. As consumer habits shift towards increased home deliveries, there…
At the Consumer Electronics Show (CES) in Las Vegas, Honda made a significant stride into the electric vehicle (EV) market by introducing its latest concept cars, the Honda 0 Series. These prototypes provide an early glimpse into Honda’s upcoming line of electric vehicles, with the first model slated for production in 2026. As part of…
