This is a significant update. Pinterest has today announced that co-founder and CEO Ben Silbermann is stepping down from his role, and shifting to a new position within the organization, with online commerce expert Bill Ready set to take over as Pinterest chief, effective June 29th, 2022. Silberman posted an impassioned update on the Pinterest blog, noting the significance of the platform to him and his life. “As you can imagine, this was a hard decision. So much of my heart belongs to… Source link
Read More »Pinterest CEO steps down, Google executive to take up job
Pinterest, Inc. by Chairman, Co-Founder, President and CEO Ben Silbermann reacts as they celebrate the IPO of Pinterest Inc. at the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Pinterest Inc (PINS.N) said on Tuesday that long-time Chief Executive Officer Ben Silbermann would step down, handing over the reins of the social media platform to Google commerce executive… Source link
Read More »U.S. families face ‘exponential increase’ in child care costs: Care.com CEO
Child care is getting more expensive, putting even more financial pressure on American families at a time when they’re already paying more for groceries and gas. According to a recent survey from Care.com, nearly two-thirds of parents say child care costs have gone up in the past year. As a result, 59% are more concerned about how much they will spend on child care this year compared to previous years. “It’s eating up wallet share and doesn’t leave money for other goods,” Care.com CEO… Source link
Read More »According to Google CEO Sundar Pichai, This Is the Thing About Hybrid Work Most Companies are Missing
If you were trying to figure out how to get your employees back to the office after two years of working remotely, it might make sense to come up with some sort of plan that combined the two. Maybe they would come back to work a few days a week, and work from home the rest of the time. Call it a “hybrid” model of work. That certainly seems like a reasonable solution, again, if your goal is to get people back to the office. And, there are a lot of perfectly valid reasons you might want people… Source link
Read More »Peloton and 2 other major ‘zombie’ companies could soon go to $0, leading stock research firm CEO says
In the midst of 2021’s soaring tech IPO and SPAC market, there was one former Wall Street analyst telling anyone who would listen that something was wrong. David Trainer, the founder and CEO of research firm New Constructs, was focused on the fundamentals of the businesses behind the record valuations, and what he saw wasn’t promising. Trainer warned investors in 2021 that many high-flying tech stocks and IPOs at the time were trading at “tech bubble” levels. And even worse, some were… Source link
Read More »Ex-Yahoo CEO Marissa Mayer razes Bay Area townhomes for pool
After a year of back-and-forth, Silicon Valley tech executive Marissa Mayer has finally demolished three townhouses she bought next to her Palo Alto home to install a backyard pool. As first reported by the Silicon Valley Business Journal, Mayer was legally able to raze the neighboring homes despite a California state law that required any home demolitions to be replaced with equivalent replacement “housing units.” That law was seemingly the reason Mayer’s request was denied… Source link
Read More »‘Thank goodness I’m not the CEO of a major media company today’
Leaders at mega companies like Netflix (NFLX) and Disney (DIS) can no longer “straddle” the fence on cultural and political issues. “All I’m going to say is thank goodness I’m not the CEO of a major media company today,” Marc Randolph, who served as Netflix’s first CEO from its inception in 1997 to 2003, told Yahoo Finance in a new interview. “We have a country that is becoming more and more polarized. There’s people on either side.” “In the past, it was very straightforward to either ignore… Source link
Read More »Verizon’s Legionella Bugs | Bolt’s Dot-Bomb Echo | Yandex’s Russian CEO Quits
Welcome to The Long View—where we peruse the news of the week and strip it to the essentials. Let’s work out what really matters. This week: Verizon fined for allegedly spreading disease, Bolt Financial repeats the mistakes of the past, and the founder of Yandex resigns. 1. NY AG vs. VZ: FIGHT! First up this week: Another summer, another outbreak of Legionnaires’ disease in New York. The state’s Attorney General, Letitia James, has some harsh words to say about the maintenance record of… Source link
Read More »CEO of Yandex, Known As ‘Russia’s Google,’ Resigns After EU Sanctions
Arkady Volozh, CEO and co-founder of Russian tech giant Yandex, stepped down on Friday. His resignation came after the EU imposed sanctions on him. Volozh is the fourth member of Yandex’s board to step down so far this year. … Source link
Read More »CEO of Yandex, known as ‘Russia’s Google,’ resigns following new EU sanctions and months of boardroom chaos
Yandex’s CEO Arkady Volozh (left) speaking to Russian President Vladimir Putin (right) in 2017.Mikhail Svetlov/Getty Arkady Volozh, CEO and co-founder of Russian tech giant Yandex, stepped down on Friday. His resignation came after the EU imposed sanctions on him. Volozh is the fourth member of Yandex’s board to step down so far this year. Arkady Volozh, cofounder of Russian tech giant Yandex, has resigned as CEO and executive director of the company after the EU sanctioned him personally. The… Source link
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