The Klarna co-founder is worth billions – in dispute with neighbor over 200,000

The Klarna co-founder is worth billions – in dispute with neighbor over 200,000

Klarna co-founder Victor Jacobsson – worth around 30 billion – is in a dispute with former neighbors on Södermalm. In one case, the fight is about SEK 200,000, reports say The Express. The background to the conflict is the renovation work worth between SEK 15 and 20 million that Victor Jacobsson and his wife did … Read more

Cake goes bankrupt – “Unreal, sad, painful”

Cake goes bankrupt – “Unreal, sad, painful”

In recent months, the electric vehicle manufacturer Cake has struggled to bring in new millions in what founder and CEO Stefan Ytterborn called a “bridging round”, an intended financing that would be enough for a larger issue later in the year. But it won’t be like that. Now the automotive company’s board is submitting a … Read more

Helena Helmersson resigns as CEO at H&M – Daniel Ervér takes over

Helena Helmersson resigns as CEO at H&M – Daniel Ervér takes over

In connection with the clothing giant H&M submitting its quarterly report on Thursday morning, they come with an unexpected announcement. Helena Helmersson leaves as president and CEO and Daniel Ervér leaves. “We on the board would like to extend a big thank you to Helena for her valuable efforts during a very intense time,” says … Read more

Polestar notifies 15 percent of staff

Polestar notifies 15 percent of staff

The electric car manufacturer Polestar is notifying 250 employees in Gothenburg, reports GP. Staff were informed at 2pm on Friday afternoon. In total, the workforce at the company is to be reduced by 15 percent at group level, says a spokesperson for the company to the newspaper. The background is that the company’s ambition is … Read more

The Impact of AI on Professions: Graphic Designers and Advertisers Threatened

The Impact of AI on Professions: Graphic Designers and Advertisers Threatened

As artificial intelligence has become smarter and more creative, more and more professions are threatened by the new technology – such as advertisers and designers. SVT News has met Jessica Lynn Nalbach who was one of 25 graphic designers and world builders who were let go from the game company Mindark earlier this year. At … Read more

Spotify lays off another 17% of its staff as “downsizing becomes a necessity, not just an option”

Spotify lays off another 17% of its staff as “downsizing becomes a necessity, not just an option”

Spotify lays off another 17% of its staff as “downsizing becomes a necessity, not just an option” (VIEW press via Getty Images) As the year draws to a close, many Spotify employees have received bad news.After two rounds of layoffs of 6% and 2% at the beginning and mid-year, Spotify has now decided toLay off … Read more

Spotify 2023 Taiwan Year in Review: Top Songs, Albums, and Artists

Spotify 2023 Taiwan Year in Review: Top Songs, Albums, and Artists

(Photo/AP) Spotify, the music streaming platform with more than 574 million listeners around the world, announced new trends in popular singers, albums, songs and podcasts. On Spotify’s annual global rankings, Taylor Swift topped the list of the most streamed singers this year, followed by Bad Bunny, The Weeknd, Drake and Peso Pluma in second to … Read more

TikTok Launches “Add to Music App” Feature for Saving Viral Songs | Republika.co.id

TikTok Launches “Add to Music App” Feature for Saving Viral Songs | Republika.co.id

Someone shows the TikTok application in Jakarta, Wednesday (4/10/2023). REPUBLIKA.CO.ID, JAKARTA — TikTok launched a feature to make it easier for users to save viral songs to the application music like Spotify and Apple Music. The “Add to music app” feature will roll out in the United Kingdom (UK) and the United States (US) in … Read more

Meghan Markle and Prince Harry’s Failed Ventures in the Entertainment Industry

Meghan Markle and Prince Harry’s Failed Ventures in the Entertainment Industry

Amid rumors and contradictions of a possible breakup between Meghan Markle and Prince Harry, the couple has been trying to break into the entertainment industry, after leaving the British royal family. Although some media, such as ‘US Weekly’, have said that Markle would also be interested in starting some retribution and philanthropy projects, but they … Read more