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Warner Music Group to Cut 4% of Workforce
The label behind Ed Sheeran and Madonna will eliminate 270 jobs as it repositions toward growth in technology. Source link
One Way to Actually Make Money on YouTube and TikTok: Get Behind the Camera
First came the social-media influencer. Now some aspiring influencers are finding it more profitable to assist others in the industry. Many young Americans dream of
Jack Ma’s Life After Alibaba Takes Him to a Fish Farm, Fiji and Beyond
World Asia China Outside the public eye, Chinese tech mogul studies tuna and ponders the Gobi Desert Source link
GameStop Decides It Likes Stores After All
Ryan Cohen took control of GameStop Corp. in 2021 vowing to transform the faltering videogame retailer into an e-commerce juggernaut. Meme-stock investors loved the idea.
The Metaverse Is Quickly Turning Into the Meh-taverse
Disney and Microsoft both closed projects tied to the metaverse this month, while Facebook parent Meta focuses on artificial intelligence. Source link
For Alibaba, Six Is Bigger Than One—And a Smaller Target
There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same
NFL, RedBird Team Up to Distribute Sunday Ticket Games to Bars, Restaurants
WSJ News Exclusive Media & Marketing Sunday Ticket was previously the remit of DirecTV, and YouTube recently acquired residential rights for popular subscription package Source
Lyft’s New Boss Quickly Loses His Signing Bonus
Markets Heard on the Street Relief over founders’ exit gives way to worries about new CEO and Lyft’s dwindling share Source link
Alibaba to Split Into Six Groups and Explore IPOs
The biggest structural overhaul in the Chinese tech company’s history comes a day after co-founder Jack Ma returned to mainland China. Source link
Disney Eliminates Its Metaverse Division as Part of Layoffs Plan
The unit, once seen as developing a new form of storytelling, had about 50 employees. Source link