Blog, YouTube & Content Monetization

Sebastian Siemiatkowski, CEO of Swedish fintech company Klarna, says the organization is set to employ drastically fewer people. And he says he shares his outlook on the workforce with another CEO: Anthropic’s Dario Amodei. Siemiatkowski made the comments on the 20 VC podcast with Harry Stebbings earlier this week, where the CEO didn’t deny that the company has been steadily shrinking. The CEO said that currently the company has about 3,000 employees. That’s down from 7,000 just four years ago. In another four, he says there will likely be less than 2,000—a reduction of one-third. Siemiatkowsk said employees leaving the company are not being replaced, and explained t…

Klarna just announced its first quarter 2025 financial results, and they show that a larger chunk of customers are buying now and not paying later. This morning, the Swedish “buy now, pay later” (BPNL) fintech company gave consumers a look at its performance for the first three months of 2025. The news came in the form of a press release and an accompanying AI-generated video of CEO Sebastian Siemiatkowskim (likely as a play to emphasize Klarna’s all-in approach to AI.) In the video, Siemiatkowski’s look-alike shared that Klarna has “started the year strong,” hitting 100 active users in Q1 and $701 million in revenue, a 15% year-over-year increase. But there’s a c…

In what could be one of the most high-profile fintech public offerings this year, Swedish Buy Now, Pay Later (BNPL) giant Klarna has filed paperwork with the U.S. Securities and Exchange Commission (SEC) relating to an initial proposed public offering. Here’s what you need to know about Klarna’s IPO. What’s happened? On March 14, Klarna Group plc announced that it had filed paperwork with the SEC “relating to a proposed initial public offering of its ordinary shares.” The paperwork is known as a “registration statement” on Form F-1 and is the latest sign that Klarna’s IPO is coming sooner rather than later. It includes a preliminary prospectus that offers a detailed look…

As Americans grapple with $1.23 trillion in credit card balances, Klarna Group is introducing a new way to access premium rewards—one that doesn’t require a credit card at all. The Swedish fintech company launched its Premium ($19.99/month) and Max ($44.99/month) membership tiers in the United States on Thursday, expanding upon its existing Core and Plus offerings and mirroring successful rollouts in the UK and EU. The move positions Klarna squarely in the territory long dominated by high-end credit cards like the Amex Platinum and Chase Sapphire Reserve, but with none of the spending thresholds, APRs, or annual fees that usually define that segment. The timi…

Shares of Kohl’s Corporation (NYSE: KSS) were up nearly 10% on Thursday after the company fired CEO Ashley Buchanan after just four months on the job, appointing Chairman Michael Bender as interim chief executive officer effective immediately. Buchanan’s termination comes after an investigation by Kohl’s‘ board found he violated the company’s code of conduct twice, and was involved in undisclosed conflicts of interest stemming from a personal relationship with a vendor, according to the Wall Street Journal. “Buchanan’s termination is unrelated to the Company’s performance, financial reporting, results of operations and did not involve any other Company personnel,”…

Back in January, Kohl’s announced that it would be closing 27 of its stores across America in order to help the company control costs and increase operational efficiency. At the time, Kohl’s described the closing locations as “underperforming” and said “the closures will occur by April 2025.” And now it looks like Kohl’s remains on track for that “by April” deadline. As first noticed by USA Today, the 27 stores that Kohl’s had previously announced would be closing now list their last day of operation as this Saturday, March 29, on Kohl’s store locator tool. For example, the store locator listing for the Kohl’s located at 1116 1st Street in Napa, California, now l…

Last year, the CEO of the department store chain Kohl’s (NYSE: KSS) announced the closure of 27 locations in order to help shore up the company’s struggling finances. But in November, a new CEO took the helm, prompting many to wonder whether he would implement additional store closures. Now that CEO has made his plans clear. Here’s what you need to know. Kohl’s shut 27 stores in 2025 In January 2025, Kohl’s announced it was closing 27 underperforming locations in 15 states, as well as its San Bernardino E-commerce Fulfillment Center (EFC) in California. At the time, the company’s then CEO, Tom Kingsbury, said the closures were a “necessary” step “to suppo…

For the first time since 1984, the airline Korean Air is updating its charmingly retro look to new branding that’s better suited for the modern era. The rebrand, designed by the global creative consultancy Lippincott, includes a new wordmark, refreshed logo, and pared-down color scheme. It’s set to debut across Korean Air’s operations and on the livery of its aircraft in the coming weeks. The rebrand comes just a few months after Korean Air officially completed merger negotiations with Asiana Airlines, South Korea’s second-largest airline. The two companies will become one mega-airline. [Image: Korean Air]As Korean Air begins to integrate Asiana Airlines’ operations with …

AI promises massive productivity gains—that is if employees are willing to use it and can figure out how to integrate it into their workflows. In the rush to reap the benefits of AI, KPMG one of the “big four” accounting firms, headquartered in London, just launched a new incentive program for its US advisory division. Per a new Business Insider report, the program, called “AI Spark Innovation”, is offering cash prizes for consultants who excel in AI innovation. The payouts will be hefty. US Vice Chair Rob Fisher told BI that the “outsize” cash awards will be “materially larger than an end-of-year compensation award.” Fisher continued, “It’s really intended to b…

Kraft Heinz said Wednesday it’s pausing its plans to split into two companies. Steve Cahillane, a former Kellogg Co. chief who became CEO of Kraft Heinz on Jan. 1, said he wants to ensure that all of the company’s resources are focused on profitable growth. “I have seen that the opportunity is larger than expected and that many of our challenges are fixable and within our control,” Cahillane said in a statement. The company’s shares dropped 5.2% in early trading Wednesday as Kraft Heinz reported lower quarterly and annual results. Kraft Heinz announced in September it was splitting into two companies a decade after a merger of the brands created one of the biggest foo…

Kraft Heinz announced on Tuesday that new CEO Steve Cahillane will join the food giant to help steer its split into two companies. The former head of Kellanova joins the ailing food giant after years of declining sales and slow growth, and as shares are down 75% since 2017. In 2026, the company will split into two independent, publicly traded companies, Global Taste Elevation Co. and North American Grocery Co., with the first focused on condiments and the Heinz ketchup brand, and the second on Oscar Mayer, Kraft Singles, and Lunchables brands. Cahillane comes on board January 1, 2026 and will serve as chief executive officer of the first of those companies, which …

The commercial jingle will never die. The classic advertising device’s longevity is as impressive as it is surprising. Despite just about everything else in the advertising industry changing over the past two decades, it remains one of the few core tools many marketers still rely on. It’s why when you read, “Liberty, Liberty, Liberty” you’ll be singing the Liberty Mutual tune in your head. Kraft Heinz CMO Todd Kaplan knows this. He also knows that in order to really make a jingle stick, it helps if you enlist legendary artists to sing it. Which is why this week, the company’s Lunchables brand dropped its reimagined version of the 2002 Buckwheat Boyz brainworm “Peanut Bu…

When I first met Krea co-founders Victor Perez and Diego Rodriguez in 2023, the industry was scrambling to understand the a-bomb of generative AI. But inside their work-live condo in Hayes Valley, San Francisco—decorated with an Eiffel Tower built from La Croix cans—the duo painted a confident vision of the future: One where they could build a platform not just about “generating” AI media, but a toolset to offer an artisan level manipulation of this new technology. They wanted to consolidate the world of AI models, then blur the bounds of media as we understand it, erasing the divisions between images, video, and sound in a new era powered by computational intelligen…

The doughnut chain that hardly needs an excuse to give away free doughnuts is, you guessed it, giving away more free doughnuts today. In honor of St. Patrick’s Day 2026, America’s favorite doughnut chain, Krispy Kreme, is giving away green doughnuts to those wearing the right colors. Here’s what you need to know. Get green for green Krispy Kreme usually has fun holiday-themed doughnuts for holidays throughout the year, and today, Tuesday, March 17—aka St. Patrick’s Day—is no different. The doughnut chain has been selling a selection of assorted St. Patrick’s Day-themed treats for the past week. But today, customers can get a Patty’s Day-themed doughnut at …

This should come as a shock to very few people, but Krispy Kreme doughnuts, which typically needs very little reason to give away its doughnuts, is giving away free doughnuts today. This time, the free doughnut giveaway is in honor of Fat Tuesday 2026. But there’s a catch. Here’s what you need to know. What is Fat Tuesday? Today (Tuesday, February 17) is Fat Tuesday, otherwise known as Mardi Gras. The holiday always falls on the final Tuesday before the Christian holy day of Ash Wednesday, which is the beginning of the Lent observance period. Traditionally, Christians refrain from eating certain foods during Lent, particularly rich and fatty ones. As a…

Shares of Krispy Kreme Inc. (NASDAQ: DNUT) plunged over 28% on Thursday after the donut-and-coffee chain said it will no longer pay out its quarterly dividend and that it was “reassessing” the deployment of its planned McDonald’s rollout, and fell short of earnings expectations, according to Bloomberg. Krispy Kreme’s earnings missed expectations for the first quarter of 2025, with the company posting an EPS (earnings per share) of negative $0.05, coming in below the EPS forecast of negative $0.04. It posted revenue of $375.2 million, within previous guidance but below a forecast of $385.11 million. Following the announcement, Krispy Kreme’s stock fell by 28.18% in…

After a two-year battle with regulators, a federal judge ruled in late December to block the merger of grocery behemoths Kroger and Albertsons. The deal fell apart after facing significant pushback—and a lawsuit—from the Federal Trade Commission under the Biden administration, in part over concerns that unionized grocery workers would have less leverage to negotiate wage increases and respond to layoffs following a merger. Those concerns were not unfounded: The overwhelming majority of grocery workers (92%) are frontline staff in nonsupervisory positions, according to data from the Bureau of Labor Statistics—and as industry leaders, Kroger and Albertsons employ 28% of g…

U.S. grocer Kroger said on Monday CEO Rodney McMullen has resigned after a board investigation found that his personal conduct was “inconsistent” with certain company policies. The conduct is not related to financial performance, operations or reporting, and it did not involve any Kroger associates, the company said. The surprise ouster of the 64-year-old executive comes after the company in December terminated a two-year effort to buy rival Albertsons in a $25 billion deal, an attempt McMullen had staunchly defended as a way to fight higher prices and better compete with Walmart and Costco. Meanwhile, Albertsons has sued Kroger for an alleged breach of contra…

Grocery giant Kroger Co. is the latest in a growing number of companies whose brands have been impacted by potential Salmonella contamination involving milk powder. California-based Sugar Foods LLC is recalling some of its Kroger-branded Homestyle Cheese Garlic Croutons. The product used milk powder that may have been contaminated by Salmonella, according to a recall notice shared by the Food and Drug Administration (FDA) on Monday, May 18. The milk powder was supplied by California Dairies, Inc, the same company linked to other recent Salmonella recalls. “The affected seasoning batches tested negative for Salmonella prior to use,” Sugar Foods stated in its …

Groceries are a little harder to come by in dozens of neighborhoods this year in the wake of an ongoing retreat from The Kroger Co. The Cincinnati-based supermarket company has been shuttering locations since June of last year, when it announced a footprint optimization plan that would result in the closure of about 60 stores. According to a Fast Company review of local media reports and online review platforms like Yelp, Kroger could be more than halfway through that process. Some 33 stores have already closed, with at least three more confirmed so far this year. Closures in the months since the announcement largely impact stores under the flagship Kroger ba…

Late last month, frozen food manufacturer Ajinomoto Foods North America announced a recall of roughly 3 million pounds of not-ready-to-eat products after customers reported finding glass in rice. In the U.S., many of the recalled products were sold at Trader Joe’s locations. Now that the recall has been dramatically expanded, with new products being pulled from the shelves. Here’s what you need to know. What’s happened? On March 3, the USDA’s Food Safety and Inspection Service (FSIS) posted a recall notice announcing that Ajinomoto Foods North America was expanding its earlier recall to include an additional 33 million pounds of various ready-to-eat and not-re…

Kroger named former Walmart executive Greg Foran as its chief executive officer on Monday, 11 months after the abrupt resignation of its previous CEO. Foran has a reputation as a tech-savvy and detail-oriented leader. He led Walmart’s U.S. division from 2014 to 2019, where he focused on cleaning up stores, ensuring items were in stock, and improving the fresh produce selection. He also introduced online ordering and pickup, and accelerated Walmart’s digital capabilities. Walmart has reshaped itself into a tech-powered retail giant that has leaned heavily into automation and artificial intelligence, and it’s one of the biggest competitive threats to Kroger, the lar…

The list of retailers that have yanked pasta products from their shelves continues to grow in the wake of a deadly Listeria outbreak. On October 4, grocery retailer Kroger Co voluntarily recalled deli pasta salads sold at Kroger-owned locations including Ralphs, Smith’s, and Fred Meyer, in addition to Kroger stores. The products were recalled due to a risk of contamination with Listeria monocytogenes. The recall notice was published to the website of the Food and Drug Administration (FDA) on Saturday. To date, no illnesses have been reported in connection with this recall. However, the Centers for Disease Control and Prevention and the USDA’s Food Safety and …