Monthly Archives: August 2022

American Airlines promised to reimburse the $1,700 ticket I bought after my flight was canceled. It’s been more than a month and I’m still waiting.

Ashleigh Yarnik said she was still waiting to be compensated by American Airlines, whose representative, she added, told her she would be refunded the cost of the new ticket. Ashleigh Yarnik/Daniel Slim/AFP via Getty Images/Insider Ashleigh Yarnik says American Airlines promised to refund a $1,700 ticket after a canceled flight. Despite many calls and emails,…

Small banks’ lessons learned on crypto inform big banks’ strategy for jumping in

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Tiger Global has whittled its exposure to stocks after a brutal start to the year – but its betting on a potato producer committed to ‘potatovation’, filings show

Mike Nudelman/Insider Hedge fund giant Tiger Global is betting on: potato goods producer Lamb Weston. Filings show that the hedge fund invested $12.8 million in Lamb Weston on Monday, months after dumping tech stocks from its portfolio. Tiger Global now holds just $11.9 billion in public stocks, down from $46 billion in 2021. Hedge fund…

Winamp’s revival includes platforms for musicians and fans

Winamp’s plans to regain relevance include much more than finally updating its audio software. The company has opened invitations to a creator service that gives musicians tools to distribute, promote and (of course) profit from their work. While most details won’t emerge in earnest until features begin unlocking in September, this is slated to include…

Apple reportedly lays off recruiters amid hiring slowdown

Apple has been reluctant to cut jobs in the face of the economic downturn like Microsoft, Tesla and other major tech companies, but it apparently isn’t immune to the pressure. Bloombergsources claim Apple has laid off roughly 100 contract recruiters to reflect changes in the company’s “current business needs.” It’s maintaining full-time recruiting positions and…