Spotify cuts 17% of staff

TechCrunch Daily Crunch

SpokenLayer

Tech News, Technology, News

4 • 38 Ratings

🗓️ 5 December 2023

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Mastercard launches Shopping Muse, an AI-powered shopping assistant; TikTok expands its in-app Ticketmaster ticketing feature to users in 20 countries; Spotify cuts 17% jobs amid rising capital costs Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This is
0:05.0	brought to you by Shep Station.
0:07.0	This episode is brought to you by Shep Station.
0:10.0	You know folks, I'm all about working smarter, not harder.
0:13.0	Running a successful e-commerce business can be really convoluted and honestly you have enough going on so I want to introduce you guys to ship station.
0:21.6	I love using ship station because it makes it so
0:25.5	much easier to automate all my shipping tasks and I can manage all my orders in one
0:29.5	simple dashboard. Work less and ship more with Ship Station, the innovative tool that helps turn your
0:35.7	shipping challenges into opportunities for growth. Go to shipstation.com and use code
0:41.0	tech news to sign up for your free 60 day trial that's ship
0:44.9	station dot com code tech news. Here's your daily crunch coming up details on the
0:51.4	latest layoffs from Spotify.
0:53.8	But first, MasterCard is launching a new narrative AI shopping tool
0:57.6	called Shopping Muse that is designed to help users
1:00.8	get personalized product recommendations.
1:03.3	The tool is powered by dynamic yield, a personalization company that was acquired by MasterCard
1:07.9	in April 2022.
1:10.0	MasterCard says the idea behind shopping muse is to revolutionize how customers search for and discover products
1:16.3	in a retailer's digital catalog.
1:18.7	The tool can take users colloquial language and turn it into tailored product recommendations.
1:24.0	Shopping Muse is able to understand modern trends and phrases like cottage core or beach formal.
1:30.0	You can ask the tool questions like, what should I wear for a summer wedding or can you recommend pieces for a minimalist capsule wardrobe?
	...

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