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Spotify shares surge in premarket after CEO says firm is cutting 1,500 jobs

Spotify shares were up more than 6.8% in pre-market trading Monday morning after news broke that it would lay off roughly 1,500 of its workforce in an effort for the audio streaming service to cut costs amid slowing growth.

  • By Mary Whitfill Roeloffs

Harvard expert’s research on Facebook was shuttered after $500 million Zuckerberg pledge to university, whistleblower claims

Disinformation Expert Joan Donovan claims that Harvard University dismantled her team of online disinformation experts after receiving a $500 million pledge from a foundation run by Mark Zuckerburg.

  • By James Farrell

Meta sues FTC over ‘structurally unconstitutional authority’

Meta is suing the Federal Trade Commission, claiming the agency’s in-house courts are unconstitutional and violate due process protections, a bid that also aims to stop the FTC from making blanket changes to a 2020 privacy violation settlement that would further restrictions on Meta’s data monetization practices.

  • By Antonio Pequeño IV

Amazon CTO Werner Vogels’ tech predictions for 2024

Werner Vogels has a front-row seat on how technology is changing the world. Here are his predictions for 2024

  • By Diane Brady
  • Forbes Staff

Henry Kissinger, Former US Secretary of State, dies at 100

Kissinger was one of the most influential and controversial figures in U.S. foreign policy and served as the country’s top diplomat under Presidents Nixon and Ford.

  • By Siladitya Ray
  • Forbes Staff

Aussie AI platform powering bank lending raises $28 million

AI decisioning platform, Rich Data Co, has banked $28 million in a Series B funding round led by Westpac and US cloud banking software firm nCino.

  • By Anastasia Santoreneos
  • Forbes Staff

EV hype subdues as hybrids take centre stage overseas – but what’s happening Down Under?

New research finds used electric vehicle prices are down more than a third, with Teslas suffering some of the largest price drops – but hybrids are selling like hotcakes.

  • By Anastasia Santoreneos
  • Forbes Staff

‘Backing the next generation’: VC firm raises $12 million for early-stage startups

A two-year-old venture and advisory firm, Happenco, has closed its first funDing, raising $12 million to invest into early-stage startups.

  • By Anastasia Santoreneos
  • Forbes Staff

The real reason Mark Cuban is exiting Shark Tank–and maybe the Mavericks

The billionaire opened up to Forbes last year about his plans for a big shake up, citing changes in his family life.

  • By Jemima McEvoy
  • Forbes Staff

Here’s Charlie Munger’s simple advice about estate planning—as tributes pour in for Berkshire Hathaway legend

The always colorful Munger said at his final Berkshire annual meeting that 95% of heirs should follow one simple rule.

  • By Derek Saul
  • Forbes Staff
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