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Greg Maffei steps down as CEO of Liberty Media, the company that owns F1
Business · United States

Greg Maffei steps down as CEO of Liberty Media, the company that owns F1

57% Center coverage: 21 sources
Greg Maffei is stepping down as president and chief executive of Liberty Media, the company that owns Formula 1. Liberty Media said in a statement Wednesday that Maffei would leave his role when his contract expires at the end of the year and become an advisor. The company’s 83-year-old chairman John Malone will be the interim CEO. See the Story
AMD to lay off 4% of workforce, or about 1,000 employees
Business · United States

AMD to lay off 4% of workforce, or about 1,000 employees

47% Center coverage: 15 sources
AMD said on Wednesday that it will lay off 4% of its global staff as the longtime computer chipmaker seeks to gain a stronger foothold in the growing artificial intelligence chip space dominated by Nvidia. See the Story
Amazon to shut down Freevee, shift services to Prime
Business · United States

Amazon to shut down Freevee, shift services to Prime

54% Left coverage: 13 sources
Amazon is shutting down Freevee, its free ad-supported streaming television (FAST) service, the company confirmed Tuesday, Nov. 12. The platform will now to join the likes of other ill-fated streamers like CNN Plus and Quibi. See the Story

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