Apple Music is on track to outpace Spotify in the U.S. According to The Wall Street Journal, Apple Music has been growing its subscriber base by 5% every month, while competitor Spotify has only been growing by 2% per month. If both companies continue to grow at the current pace, Apple Music will overtake Spotify by this summer.
We dive into what's behind the latest ups and downs in the stock market. The Dow set a record for the largest two-day drop since the Brexit vote in June 2016. Chad Morganlander, Portfolio Manager at Washington Crossing Advisors, believes it would be healthy for markets to continue to pull back.
Sean Black, co-founder and CEO of Knock, tells Cheddar about his plans to take his company public in 2020. Knock is a start-up company that allows homeowners to sell or trade their homes for better ones.
Plus, we break down the Super Bowl advertising wins and losses. Amy Avery from Droga5 and Jeanine Poggi from Ad Age weigh in on their favorite commercials of the night. Overall, they say Tide ran a very successful ad campaign, while Ram's ad campaign sparked criticism from many viewers.
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.
