Blog Verité

Keepin’ News Real

Spotify to cut 17% of staff in the latest round of tech layoffs

In a memo addressed to staff, CEO Daniel Ek said it was necessary for the company to “rightsize” after hiring too many people during 2020 and 2021. Roughly 1,500 workers are likely to be let go. (Image credit: Toru Yamanaka/AFP

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The Morning Risk Report

Meta is struggling to boot pedophiles off Facebook and Instagram, and Mallinckrodt avoids $40 million SEC fine in Medicaid overcharge case. Also, Binance copped a $4 billion plea but is still fighting the SEC.

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Spotify plans to lay off 17% of its staff, or about 1,500 employees, its third round of layoffs this year

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Meta Faces Lawsuit From Spanish Media Over Advertising Practices

A group representing more than 80 media outlets in Spain filed a lawsuit against Meta Platforms, saying the Facebook and Instagram owner hadn’t complied with European data-protection laws.

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White House condemns protest targeting Philadelphia Jewish restaurant as ‘completely unjustifiable’ – as it happened – The Guardian

White House condemns protest targeting Philadelphia Jewish restaurant as ‘completely unjustifiable’ – as it happened  The Guardian White House blasts protest of Israeli restaurant in Philadelphia as ‘unjustifiable’  NBC News White House Condemns ‘Antisemitic’ Pro-Palestinian Protest Outside Philadelphia Jewish-Owned Restaurant  Forbes

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Israel orders evacuations as it widens offensive but Palestinians are running out of places to go – The Associated Press

Israel orders evacuations as it widens offensive but Palestinians are running out of places to go  The Associated PressView Full Coverage on Google News

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COP28 president incorrectly says fossil fuel phaseout is not necessary – NPR

COP28 president incorrectly says fossil fuel phaseout is not necessary  NPR COP28: Criticism mounts against president over fossil fuel comments  Global News Climate summit leader defends controversial comments that alarmed scientists and sent shockwaves through meeting  CNN A clash at Cop28  The Telegraph How

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U.N. climate talks head says “no science” backs ending fossil fuels. That’s incorrect

The comments came shortly before talks kicked off in Dubai. In reality, scientists warn that further fossil fuel development is driving global warming. (Image credit: Kamran Jebreili/AP)

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The Philippines Accuses China of ‘Swarming’ Reef Off Its Coast. Here’s What to Know

Some 135 Chinese vessels were spotted near Whitsun Reef off the coast of the western Philippine island province of Palawan this weekend. Although it remains unclear exactly what the vessels are doing there, experts tell TIME that it’s likely the

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