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2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

Music streaming giant Spotify will lay off about 6% of its workforce, Daniel Ek, the billionaire CEO of the Stockholm-based company announced Monday, becoming the latest company to dramatically reduce headcount as fears of a looming recession continue into the new year.
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Jan 18, 2023 / James Vincent
Boston Dynamics’ bipedal robot Atlas is now tossing tool bags around a (fake) construction site
Is Boston Dynamics slowly preparing to put its bipedal robots to work?

In a glossy new video, the company has shown off its prototype Atlas robot tossing planks and tool bags around in a fake construction site. In a second, behind-the-scenes video, Boston Dynamics’ team lead on Atlas, Scott Kuindersma, explained that the video is “meant to communicate an expansion of the research we’re doing on Atlas.” As ever, it’s important to note that these videos are rigorously planned and structured, with falls and mistakes edited out. But, as Kuindersma notes, it’s still a change of pace for Atlas.
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Feb 23, 2026 / Dave DeCamp
US Withdrawing from Base in Northeast Syria, Transferring Equipment to Iraqi Kurdistan
The US has begun withdrawing from a key base in northeastern Syria as part of a drawdown that could lead to a full withdrawal of US troops from the country. Iraqi and Syrian officials told The Associated Press that the US has been removing forces and equipment from the Qasrak base in Syria’s northeastern Hasaka […]
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Feb 27, 2026 / Tyler Durden
Surging Services Costs Spark Unexpected Surge In US Producer Prices In January
Surging Services Costs Spark Unexpected Surge In US Producer Prices In January US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)... Source: Bloomberg Under the hood, we see a surge in Services costs (not tariff related) dominated the rise in PPI (while Energy saw deflation) Final demand services: The index for final demand services advanced 0.8% in January, the largest...
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