Business News

Sprint just made Jay-Z rich

Early this morning, slowly dying wireless carrier Sprint announced that it has bought a 33 percent stake in Tidal, Jay Z’s nearly-dead streaming music service. The deal should bring free or discounted access …

The 10 highest-paid CEOs in the tech industry

Exorbitant CEO salaries is an issue that has increasingly come under microscopic scrutiny in recent years. While many believe that CEO compensation packages have inexplicably skyrocketed, some, like JP Morgan Chase CEO Jamie Dimon …

AT&T fails to reach terms with workers union

AT&T was unable to reach a settlement with the Communications Workers of America by the April 7th deadline to extend Four Core Wireline contracts. More than 40,000 employees will continue to work under …

Sony to cut approximately 10,000 jobs

Sony will reportedly cut 10,000 jobs, or roughly 6% of its global workforce, in an effort to bring the electronics giant back to profit, Nikkei reported on Monday. The majority of the layoffs …