Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid The company saw its rival’s books and decided to walk away. I. Bonifacic @igorbonifacic Dado Ruvic / reuters FTX won’t be rescued by its biggest rival. One day after announcing a proposed deal to buy the cryptocurrency exchange, Binance said it … Continue reading Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid
Famed Apple designer Jony Ive is leaving to start his own firm Ive’s new firm LoveFrom will launch in 2020 with Apple as its first client. R. Lawler @Rjcc BRITTANY HOSEA-SMALL via Getty Images In an interview with the Financial Times, Jony Ive announced that after more than two decades of making Apple products … Continue reading Apple’s head of hardware design is leaving the company after three years
By Pavithra Mohan September 21, 2022 In 2020, when protests against racial violence and police brutality erupted across the country, corporate America responded with a wave of unparalleled financial donations and diversity, equity, and inclusion commitments. Nearly every industry was forced to reckon with its diversity issues; and for the first time, it seemed like … Continue reading Entertainment, publishing industries found no easy DEI fixes after 2020
AnalyticsIQ Appoints Data Veteran To Drive Innovation After 2 Years Of Growth by Laurie Sullivan @lauriesullivan, September 21, 2022 AnalyticsIQ, which focuses on predictive analytics, announced that data veteran Kevin Dean has joined the company as chief strategy officer to help accelerate revenue growth. The company said revenue has grown more than 53% in the … Continue reading AnalyticsIQ Appoints Data Veteran To Drive Innovation After Two Years Of Growth
Microsoft found a severe one-click exploit in TikTok’s Android app Thankfully, TikTok patched the vulnerability. I. Bonifacic @igorbonifacic NurPhoto via Getty Images A serious vulnerability found by Microsoft in the TikTok Android app could have allowed hackers to hijack millions of accounts. On Wednesday, the company’s 365 Defender Research Team detailed a one-click exploit … Continue reading TikTok denies security breach after hackers claim to have records of more than a billion users
Google Employee Who Protested A Contract With Israel Resigns by Laurie Sullivan @lauriesullivan, August 30, 2022 Ariel Koren — a product marketing manager for Google for Education who has worked for the Alphabet company for seven years — wrote a memo to colleagues announcing her plan to leave Google at the end of the week. Ariel, … Continue reading Google Employee Who Protested A Contract With Israel Resigns After Being Forced To Relocate
Meta’s revenue shrank for the first time in its history And Meta’s Reality Labs cost the company almost $3 billion last quarter. N. Ingraham Carlos Barria / reuters Facebook parent company Meta has just reported its earnings for the second quarter of 2022, and it was another quarter of shrinking profits. Total revenue of $28.8 … Continue reading Dozens of Facebook contractors lost their jobs after an algorithm reportedly chose them ‘at random’
By Sam Becker July 20, 2022 Evidently unfazed by the state of the stock exchanges and IPO market, FaZe Clan went public today via a $725 million SPAC merger with B Riley Principal 150 Merger Corp. The stock is now trading on the Nasdaq stock exchange under the ticker “FAZE.” The public listing … Continue reading FaZe Clan stock price struggles on Nasdaq trading debut after SPAC listing
Podcast Consumption Rebounds After Q1 Dip Among Young Listeners by Ray Schultz , July 22, 2022 Publishers who offer podcasts should be relieved. Daily podcast consumption has recovered from a dip earlier in the year, at least among young listeners, according to Edison Research’s latest Share of Ear audio listening diary survey analysis. The survey is conducted … Continue reading Podcast Consumption Rebounds After Q1 Dip Among Young Listeners
By Nate Berg June 17, 2022 Black-founded startups have seen record amounts of investment recently, with quarterly funding commitments nearing or even topping $1 billion. But according to new data from Crunchbase, VC funding has dropped significantly in the second quarter of 2022, down to just $324 million. Only 100 startups with a … Continue reading After a brief streak, venture capital has ditched Black startups
