GIFs and memes are all over the internet. We all post them, but have you ever made one? PicMonkey is launching a new product to make it quicker and easier for entrepreneurs and small businesses to make these social marketing tools.
Frits Habermann, CEO of PicMonkey, explains how the company's new product works. He says it's targeted at everyone from small business owners to social media influencers.
Habermann also discusses how much graphic design has changed in the 15 years since he co-founded Adobe InDesign. He says that now there is no room for bad design, because everyone has access to a camera and a design tool in the palm of their hands.
MTV, a division of Paramount, is planning to shut down its news division and lay off 25 percent of its workforce. The company cited "broader economic headwinds" as the reason for the shuttering. The decision comes as Paramount makes cuts to better compete with rival entertainment giants.
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come.
Goldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions.
Airbnb warned in its latest quarterly report of a possible slowdown in bookings. Cheddar News breaks down how budget-conscious customers are planning changes in travel for the upcoming summer season.
Amazon said Tuesday it launched a new service that will allow customers to purchase physical products while playing video games or interacting in virtual reality.
