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You can’t just loiter at Starbucks anymore

You can no longer sit and use the Wi-Fi at a Starbucks location without buying something, according to notices sent to employees seen by The Wall Street Journal.

That rule is part of Starbucks’ new code of conduct, which includes no outside alcohol or panhandling. The move comes amid declining sales and store traffic as well as rising tensions with a union that represents thousands of its workers.

Last year, Starbucks poached a new CEO, Brian Niccol, from Chipotle. That move was welcomed by investors, who added over $20 billion in market cap to the coffee giant.

So far hes ordered some small but noticeable changes, like removing the nut-milk tax and directing baristas to handwrite customers’ names on their cups again.

Its not yet clear whether these efforts will reverse Starbucks decline.

Last year, Starbucks poached a new CEO, Brian Niccol, from Chipotle. That move was welcomed by investors, who added over $20 billion in market cap to the coffee giant.

So far hes ordered some small but noticeable changes, like removing the nut-milk tax and directing baristas to handwrite customers’ names on their cups again.

Its not yet clear whether these efforts will reverse Starbucks decline.

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Paramount+ wants to look a lot more like TikTok, leaked documents reveal

Larry Ellison’s Oracle just took a 15% stake in TikTok’s US arm. David Ellison’s Paramount streaming service could soon look a lot more like it.

According to leaked documents seen by Business Insider, Paramount+ is planning a big push into short-form, user-generated video in the vein of the addictive feeds of TikTok, Instagram Reels, and YouTube Shorts.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

The Memorial Tournament presented by Workday - Previews

Starbucks’ CEO, Brian Niccol, made $30.9 million in 2025

That includes $997,392 in expenses related to his use of the company’s private jet.

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