Business

Spotify to Axe 1,500 Jobs

The cuts amount to 17% of the streaming giant's workforce and comes after it reported a €65 million profit in Q3.

The Best Moments from the TIME100 Impact Dinner: Leaders Creating Climate Action

On Dec. 1, a diverse set of leaders—including an indigenous activist fighting oil drilling, a car manufacturer, a fashion designer, and a shipping magnate—sat down together for dinner in Dubai for the same purpose: to...

The COP28 Outcomes Business Leaders Are Watching For

The climate negotiations can move the market over time, and it’s worth paying attention to the signal that emerges from Dubai.

Cell Phone Reception Is Getting Worse

You aren't crazy—your cell phone service is probably getting worse. Here's why

How to Lead a Successful Life

The legendary Vice Chairman of Berkshire Hathaway on some of the lessons he learned about life.

How TIME and Statista Determined the Best Colleges and Companies for Future Leaders

This year, TIME launched its inaugural list of the Best Colleges for Future Leaders and the Best Companies for Future Leaders, in partnership with Statista, a leading international provider of market and consumer data and...

The Best Colleges and Companies for Future Leaders

The Best Companies for Future Leaders

The Best Colleges for Future Leaders

Charlie Munger, Warren Buffet's Longtime Sidekick at Berkshire Hathaway, Dies at 99

Munger served as Buffett’s sounding board on investments and business decisions and helped lead Berkshire for more than five decades and served as its longtime vice chairman.

Why Europe Must Not Let AI Firms Put Profits Before People

A handful of tech firms should not be allowed to hold our political process to ransom, writes Kersti Kaljulaid.

Meta Designed Platforms to Hook Kids

Company documents cited in lawsuit reveal that Facebook parent Meta Platforms deliberately engineered its social platforms to exploit youthful psychology

Elon Musk to Meet Israeli President, Families of Hostages as Antisemitism Furor Brews

The Tesla Inc. and SpaceX chief executive is slated to join a closed-door discussion Monday about the need to curb online antisemitism.

Accenture's Chief AI Officer on Why This Is a Defining Moment

Accenture's chief AI officer Lan Guan says there is a lot of work to do to make sure AI is democratized.

YOLO Consumers Splurge Even as Savings Fall

YOLO consumers splurging on entertainment, travel and dining out are boosting the economy, but their savings are taking a hit.

OpenAI Says Sam Altman to Return as CEO in Dramatic Reversal

The company also said it will overhaul its board to bring on new directors, including Bret Taylor, who previously held positions at Salesforce and Twitter, and former Treasury Secretary Larry Summers.