Expedia cuts 12% of its workforce after 'disappointing' 2019Posted: Updated:
-According to Adweek, Uber had stuck a deal with ad tech company Adomni to introduce advertisements on some cars starting in April. This is the first time Uber will roll out ads on its own.
-Expedia is cutting 12% of its workforce after a "disappointing" 2019. Chairman Barry Diller recently scorched the company, saying it has become "bloated and that employees didn't appear to be doing much work for the last several years."
-HP is set to return $16 billion worth of stock to shareholders as part of a major buyback. The company plans to stave off a hostile takeover from rival Xerox.