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Twitter is losing four of its top executives. The company announced on Sunday that product chief Kevin Weil, head of engineering Alex Roetter, Katie Jacobs Stanton, VP of global media and Skip Schipper, VP of human resources, were all taking their exit. CEO Jack Dorsey confirmed the departures, saying the four would be “taking some well-deserved […]
Yahoo Inc. is planning to cut 10% of its overall workforce and it could begin the process in January, according to a report from Business Insider. “We are not confirming this rumor or commenting further”, Sarah Meron, a spokeswoman for Yahoo told Reuters on Thursday in an e-mail. If the news is accurate it would […]
Yahoo could sell its core business and a list of potential buyers is already forming after a Wall Street Journal report on Tuesday said the company’s board is considering a sale Among the top prospect are Verizon Wireless, which recently acquired AOL for $4.4 billion in June, and IAC Interactive, the owner of 150 internet brands, […]
Massachusetts Institute of Technology (MIT) doctoral candidates Sasha Huang, Alina Rwei, and Chris Lai, who study materials science and engineering, have won one of three prizes at the inaugural MIT Water Innovation Prize, for creating a washing machine that recycled 95% of the water it uses. The newly created event allows people from around the […]
Bill Gates and a group of international investors are pouring billions of dollars into clean energy. Microsoft’s co-founder will announce the new plan at the Breakthrough Energy Coalition, a climate change summit in Paris that will also be attended by President Obama and French President Francois Hollande. The new fund includes more than two dozen public […]
If you work at Google headquarters or you just happen to be visiting, there is a very good chance you will bump into Larry Page, Sergey Brin, or Google CEO Sundar Pichai. There is also a very good chance that without a meeting at their Mountain View campus, you will not have the chance to […]
Mark Zuckerberg plans on taking a full two months off from Facebook when he and wife Dr. Priscilla Chan, welcome their baby daughter into the world. Zuckerberg took to his Facebook account on Friday to show his plans. While the couple have not shared the due date for their child, he did say, “every day things […]
Facebook Inc. said in a report on Wednesday that government demands for its user data surged in the first half of 2015. With government access to personal data from telephone and web companies becoming a hot topic among users, Facebook began reporting on government request numbers in 2015. According to the company the number of […]
Snapchat videos have reached 6 billion plays per day according to the Financial Times. In May the company was delivering just 2 billion video plays on a daily basis. Snapchat confirmed the view count but declined to give any further details about its quick climb. The new 6 billion figure means Snapchat is quickly closing […]
It’s official: after much speculation as to how co-founder and newly-appointed permanent CEO Jack Dorsey would remake Twitter, he announced late Tuesday that the company would be laying off 336 employees or 8% of its workforce. In a memo to employees released on Tuesday, Dorsey said the restructuring plan adopted by the board would focus […]
I use “worth” in quotes because this is the valuation many analysts are giving Snapchat in June 2015. The valuation is warranted based on the $200 million laid down by Alibaba and the investment from 23 funds that equated to a valuation of around $10 billion in 2014. Why are these investments being made? Does Snapchat have […]
Snapchat has hired Sean Mills as the Head of Original content, he will be located in the company’s New York City office. Before joining Snapchat he was president of video startup NowThis. Mills was responsible for increasing the companies views from 150,000 to 60 million per month. He was also the CEO of Nerve.com. Previous to […]
