Technology

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7-Eleven plans to close hundreds of stores in US and Canada

7-Eleven will close 645 U.S. and Canada stores in the upcoming fiscal year, significantly outpacing the 205 new openings planned. The shift is part of parent Seven & i Holdings' strategy to keep converting some of the company's 13,000 North American locations into wholesale fuel stores as gas prices stay elevated and inflation keeps biting consumers. 7-Eleven is also leaning into fresh food and delivery in efforts to spark growth under new leadership.

2 min read WebNovare

🏪 7-Eleven is closing 645 stores across the U.S., Canada, and Mexico — and here's what net lease investors should be paying attention to. Seven & i Holdings (7-Eleven's Japan-based parent) confirmed the closures will unfold over the 12 months beginning...

Article

Live Nation, Ticketmaster found to be illegal monopoly

A jury has found that Live Nation and Ticketmaster operated as an illegal monopoly, overcharging fans in violation of U.S. antitrust law. The verdict in federal court in New York is a win for states that pursued a lawsuit after the Department of Justice reached a settlement with the company. It could have "far-reaching consequences in the music industry," as a U.S. district judge determines monetary damages and other possible remedies.

1 min read WebNovare

A jury has found that Live Nation and Ticketmaster operated as an illegal monopoly, overcharging fans in violation of U.S. antitrust law. The verdict in federal court in New York is a win for states that pursued a lawsuit after the Department of Justice...

Article

In an AI market, here are jobs college grads are landing

College graduates are facing one of the toughest job markets in years as companies rethink entry-level hiring and invest more heavily in AI tools and talent. LinkedIn's 2026 Grad's Guide breaks down how AI is reshaping opportunity and where it's growing. Data shows many of the fastest-growing roles and industries for new grads in the U.S. reflect how work is evolving — from revenue-driving positions to technical jobs powering the rise of AI.

2 min read WebNovare

The reality of the entry-level job market A few forces are colliding at the same time to create a complex hiring environment for new grads. Companies are navigating economic uncertainty and rising costs, which is pushing many to tighten their belts and slow...

Article

Snap to lay off 16% of workforce under activist pressure

Snap announced on Wednesday that it would lay off 16% of its workforce and close another 300 open roles, following pressure from activist investor Irenic Capital Management to streamline its operations. Shares in the Snapchat maker surged 10% premarket.

1 min read WebNovare

Snap ’s shares jumped about 7% on Wednesday after the company announced plans to slash up to 16% of its global workforce, citing AI-driven efficiencies. CEO Evan Spiegel said in a letter to staff that the reduction would affect around 1,000 members of staff...

Article

Struggling shoe retailer Allbirds makes bizarre pivot from shoes to AI, stock explodes more than 700%

Allbirds announced that it is pivoting from sustainable shoes to artificial intelligence. The company, valued at around $4 billion at its peak, sold its intellectual property and other assets two weeks ago for $39 million. The stock surged more than 700%, from under $3 a share up to $17. The shoe company had a market cap of about $21 million Tuesday.

1 min read WebNovare

Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. The move boosted shares of the miniscule market cap company — it was valued at about $21 million at Tuesday’s close — by more than 700%. The...

Article

How the rewards app Freecash scammed its way to the top of the app stores

Before Freecash rocketed to the top of the Apple and Google app stores, it was created under two different developer accounts.

2 min read WebNovare

A data harvesting app called Freecash appears to have tricked users as it quickly rose to the top charts on the App Store and Google Play, where it sat for months until a recent ban. If you’ve been on TikTok this year, you’ve more than likely encountered...

Article

Sam Altman responds to ‘incendiary’ New Yorker article after attack on his home

OpenAI CEO Sam Altman published a blog post on Friday evening responding to both an apparent attack on his home and an in-depth New Yorker profile raising questions about his trustworthiness.

2 min read WebNovare

OpenAI CEO Sam Altman published a blog post on Friday evening responding to both an apparent attack on his home and an in-depth New Yorker profile raising questions about his trustworthiness. Early Friday morning, someone allegedly threw a Molotov cocktail at...

Is WhatsApp’s End-to-End Encryption Claim Truly Secure?

Article

Is WhatsApp’s End-to-End Encryption Claim Truly Secure?

WhatsApp promotes its end-to-end encryption as the default standard for user privacy. However, the majority of chat backups are stored in plain text on Apple iCloud or Google Drive servers, leaving messages unprotected unless users manually enable an extra security layer.

2 min read WebNovare

WhatsApp promotes its end-to-end encryption as the default standard for user privacy. However, the majority of chat backups are stored in plain text on Apple iCloud or Google Drive servers, leaving messages unprotected unless users manually enable an extra...