Brian Roberts, who joined Lyft as chief financial officer in 2014, had no previous experience as a CFO. Instead, the 50-year-old brought a wealth of tech, retail, and financial knowledge acquired at Microsoft, Walmart, and two banks. He’s playing a …Read More »
Former AOL CEO Tim Armstrong is getting a $60 million payout package from Verizon. The so-called golden parachute follows Armstrong’s departure from the company in October, and comes after Verizon wrote down about about half of Oath’s $9 billion value. …Read More »
THE APPLE STORE WORLD TOUR: From Albuquerque to Zurich, here's a look at every Apple Store across the globe (AAPL)
To understand Apple’s global retail footprint, it helps to see it for yourself. We’ve compiled a list of every Apple store in the world. Jump to your favorite country or state via the table of contents, or scroll down to …Read More »
State AGs put tech giants on notice: 'Something must be done with these companies … they have become too big'
The attorney general for Louisiana, Jeff Landry, has described a growing unease among US attorneys general about the power of tech companies like Google, Facebook, and Amazon. Landry told SiriusXM’s “Breitbart News Daily” show that “all actions” are being considered …Read More »
Ad-tech companies are moving full speed ahead to chase OTT ad dollars. Here are the 13 companies poised to win the most.
A growing number of ad-tech companies are moving into over-the-top advertising as ad dollars shift from TV to streaming video. While ad-tech companies are clamoring to get a share of the OTT ad market that’s coming from the $70 billion …Read More »
4chan, 8chan, and LiveLeak blocked by Australian internet providers for hosting the livestream of New Zealand mosque shootings
Platforms including 4chan, 8chan, and LiveLeak hosted footage of the New Zealand mosque attacks that killed 50 people last week. In response, a number of internet service providers in Australia temporarily blocked sites that hosted the videos. “We believe it’s …Read More »
Google was fined $1.7 billion by the EU for its third breach of EU antitrust rules in as many years. European Competition Commissioner Margrethe Vestager said the latest fine is for “illegal practices in search advertising brokering to cement its …Read More »
Mark Zuckerberg and other tech CEOs under mounting pressure to speak out over New Zealand mosque shootings
Big tech is coming under renewed political pressure following the mass shootings at two New Zealand mosques on Friday. The attack was livestreamed on Facebook before spreading like wildfire online, leaving tech companies scrambling to block the footage. The CEOs …Read More »
A former Tesla investor explains why he thinks Elon Musk is the wrong person to lead the company, why he dumped the stock, and what he’s now buying instead (TSLA)
Tesla’s Feb. 28 announcement that it will close all physical stores was so unexpected that it prompted one registered investment advisor to dump its entire stake in the company. Tesla has since reversed its decision, but Alex Chalekian — the …Read More »
Google is going to make it easier for Android users in Europe to select competing browsers and search apps. It follows Google being fined a record $5 billion last year after it was found in breach antitrust laws for abusing …Read More »