Vice Media to halt publishing to namesake site, cut ‘several hundred’ jobs in restructuring

image via cbc.ca
image via cbc.ca

A memo from Vice CEO Bruce Dixon, which was sent to staff on Thursday, explains that restructuring changes are being made "to adapt and best align our strategies to be more competitive in the long term." According to Dixon's memo, "it is no longer cost-effective for us to distribute our digital content the way we have done previously." He said Vice Media would seek to distribute its digital content by partnering with established media companies rather than publishing directly to its own site.

https://www.cbc.ca/amp/1.7123068

Apple launches high-interest savings account paying 4% — but not in Canada | CBC News

image via cbc.ca
image via cbc.ca

Apple will soon offer users of its eponymous banking service the ability to earn money from their savings in a high-interest account that pays far more than what’s available at conventional banks. The California based technology giant said Monday that Apple Card customers can sign up for a new account that currently pays out 4.15 per cent annually on any cash in it.

https://www.cbc.ca/news/business/apple-savings-account-1.6813076