Business

TORU YAMANAKA/AFP via Getty Images (NEW YORK) — Spotify plans to cut about 17% of its staff, CEO Daniel Ek said Monday. “To be blunt, many smart, talented and hard-working people will be departing us,” Ek said in a note to staff posted on the company’s website. The layoffs at the Stockholm-based music streaming service, […]

AaronP/Bauer-Griffin/GC Images (NEW YORK) — Alaska Airlines will acquire Hawaiian Airlines for $1.9 billion, their CEOs announced. Although the two companies will be merged, they will continue to operate under their current names indefinitely. As a combined airline, Alaska Airlines will serve 138 destinations, expanding “access throughout the Pacific region, Continental United States and globally,” the […]

RiverNorthPhotography/Getty Images (NEW YORK) — Office retail company Staples was hit with a cyberattack, the company announced in a post on their website Thursday. The cyberattack “caused temporary disruption to the staples.com processing and delivering capabilities, as well as to our communications channels and customer service lines,” the company said in a statement. Staples said […]

Hollie Adams/Bloomberg via Getty Images (NEW YORK) — If you have a Gmail account you haven’t used in a while – it could be deleted as soon as today. Starting Dec. 1, Google will begin purging accounts that have not been used or signed into for at least two years. That means emails, Google Drive, […]

(NEW YORK) — Elon Musk apologized for a recent antisemitic post on X while speaking at a conference on Wednesday night, but added a crude denunciation of advertisers that have since withdrawn from the platform. The advertising exodus this month amounts to “blackmail,” Musk said, warning that the loss of ad revenue would ultimately result […]

Michael Siluk/UCG/Universal Images Group via Getty Images (NEW YORK) — Thousands of employees at 13 non-union automakers — including Tesla, Toyota, BMW and Nissan — have moved to join the United Auto Workers, according to the union. This is a developing story. Please check back for updates. Copyright © 2023, ABC Audio. All rights reserved.

(NEW YORK) — Since Tesla unveiled a prototype of its Cybertruck four years ago, the electric pickup truck has remained in the realm of preorders and earnings-call updates — until this week. On Thursday, the company will make its first deliveries of the Cybertruck at a high-profile event sure to be closely watched by consumers […]

(NEW YORK) — Travel Tuesday is taking off, and that next great vacation could be just a click away. “We’re expecting to see more deals available today than on Black Friday and Cyber Monday combined,” Hayley Berg, lead economist for the travel app Hopper, told ABC News’ Good Morning America. “There will be great deals […]

(NEW YORK) — In some recent social media posts about a new Apple iOS feature, several police departments have expressed concern about the new “NameDrop” feature potentially putting children at risk if it were to be misused. But some tech experts say the technology is safe when used as intended and that the warnings in […]

(NEW YORK) — Black Friday sales did gangbusters as the nation enters a holiday shopping season expected to test shoppers, who account for nearly three-quarters of U.S. economic activity. Consumers spent a record $9.8 billion online on Black Friday, which marks a 7.5% increase over the year prior, according to Adobe Analytics. Shopper visits, a […]