![]() The popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm Similarweb. ![]() It seems the frenzy around AI, and ChatGPT in particular is starting to wear off, as reports show a decline in monthly visits to the site. More recently, Spotify announced the launch of Afrobeats: Journey of a Billion Streams, a dedicated one-of-its-kind site to capture the essence of Afrobeat and its cultural significance from its origin to its present-day growth. The new package is to be called ‘Supremium’ and is expected to include high-fidelity audio, Bloomberg News reports. Recently, the streaming giant said it was planning a higher and more expensive subscription option than the premium subscription which is the highest currently. YouTube already has a music streaming service dubbed YouTube Music, with music videos. It is looking to attract more Gen Z audiences away from YouTube and TikTok’s short-form video platforms. Spotify, which already has more than 100,000 podcasts with videos, has begun talks with partners about the product, the report said. Spotify Technology is mulling adding full-length music videos to its app, which could help the music streaming platform compete with TikTok and Alphabet Inc’s YouTube, Bloomberg News reported on Friday, citing people familiar with the matter. Spotify looking to add full-length music videos to its app The tech company is aware of the talks, which have been ongoing for months, the people said. The report explains that Goldman is “in talks to offload those businesses and its credit-card partnership to Amex.” Goldman has already significantly scaled back its efforts to break into the consumer finance industry.Ī deal with Amex isn’t imminent or assured, people familiar with the conversations said, and it could take a while to transfer the partnership in any case. This comes after Goldman revealed in January that it had lost over $1 billion on the Apple Card deal so far. Goldman Sachs is in talks with American Express about transferring its Apple partnership. The Wall Street Journal reports that Goldman is “looking for a way out” of its high-profile deal with Apple, which recently expanded to include savings accounts for Apple Card holders. Goldman Sachs eyeing an exit from Apple partnershipĪpple has developed a deep relationship with Goldman Sachs through Apple Card, but apparently, it’s an unhappy marriage. Four years after partnering with Apple on the launch of the Apple Card, Goldman Sachs may be eyeing an exit. Gadde, Fox and Edgett are not parties to the lawsuit. Wachtell did not immediately respond to requests for comment. The complaint also quoted former Twitter director Martha Lane Fox who, upon learning how much lawyers would be paid, emailed general counsel Sean Edgett: “O My Freaking God.” “Wachtell exploited a corporate client left unprotected by lame duck fiduciaries who had lost their motivation to act in Twitter’s best interest pending its imminent sale to Elon Musk,” according to lawyers for X Corp., Twitter’s new parent company under Musk’s ownership. 27, 2022, buyout closed, huge “success” fees doled out by departing Twitter executives who were grateful that Musk would be forced to close. ![]() Musk accused Wachtell of exploiting Twitter by accepting, in the final days before Oct. The complaint by Musk’s X Corp, which owns Twitter, was filed on Wednesday in the California Superior Court in San Francisco. ![]() In 2022, the law firm Wachtell, Lipton, Rosen & Katz represented Twitter in a high-profile legal dispute with Elon Musk, who was trying to backtrack on an agreement to buy the social media company. Elon Musk limits Twitter reading to 600 tweets per day Read also: Apple becomes first publicly traded company to hit $3 trillion cap Musk suing law firm that defeated his walkout lawsuitĮlon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz, the law firm that used to represent Twitter, to recover most of a $90 million fee it received from Twitter for defeating his bid to walk away from his $44 billion buyout of the social media company. Spotify looking to add full-length music videos to its app.Goldman Sachs eyeing an exit from Apple partnership.Elon Musk sues law firm that defeated its bid to walkout on Twitter bid.Check out the other stories making the rounds below. Well, this week is not all about Elon Musk and Twitter. Twitter is threatening legal action against Meta, accusing the social media giant of poaching former employees to create a “copycat” application.īut that’s not all, Elon Musk has now sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter for defeating his bid to walk away from his $44 billion buyout of the social media company. Elon Musk has come out to “take shots” at the app, and its logo and even accused Meta of cheating and stealing its data and property.
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