Tag Archives: CEO

Higher education has taken a beating over the last two years of the coronavirus pandemic, including a decline in student enrollment and concerns over college affordability. As a result, it’s forced the industry to rethink what it contributes to the younger generation, according to the CEO of a major education company. “The value of education has to be redefined,” Chegg (CHGG) CEO Dan Rosensweig told Yahoo Finance at the World Economic Forum (WEF) in Davos, Switzerland. “What’s the cost?… Source link

It’s no secret that the last few years have had a devastating effect on Americans’ mental health. The coronavirus pandemic was the trigger, but it’s not the only factor at play. Stock market volatility has affected finances, millions of Americans lost their jobs over the past two years, and global conflict like the Russia-Ukraine war has only added to the pressure. It’s why Headspace Health CEO Russell Glass is encouraging everyone to consider meditation. “We think about meditation… Source link

The 285 graduates of the Otis College of Art and Design in Los Angeles received an extra special graduation gift Sunday when Evan Spiegel, Snap CEO and co-founder, and his wife Miranda Kerr, founder of beauty brand KORA Organics, announced they will pay off all of the Class of 2022’s student loan debt through a donation to the school. While the amount of Spiegel and Kerr’s donation was not disclosed, the college said it’s the largest single gift it has ever received, surpassing the previous… Source link

TerraUSD (UST-USD), which was the third-largest stablecoin in the cryptocurrency market just a couple weeks ago, has since unpegged from the U.S. dollar and collapsed along with its reserve asset Luna (LUNA1-USD). According to Circle CEO Jeremy Allaire, such a crypto collapse could spur legislators to take quicker action towards regulating the digital asset space. “When you have a major blowup, it’s certainly going to accelerate the need for Congress to act and establish some perimeters… Source link

Every Friday, The Verge publishes our flagship podcast, The Vergecast, where Verge editor-in-chief Nilay Patel and editor-at-large David Pierce discuss the week in tech news with the reporters and editors covering the biggest stories. On Wednesday, we saw Google announce a whole bunch of products and features from their keynote live stream — from updates to the Nest Hub Max to previewing a 2023 Pixel tablet. So, on The Vergecast, we’re focusing a chunk of the show on Google’s… Source link

Airbnb co-founder and CEO Brian Chesky.Kimberly White/Getty Images Airbnb CEO Brian Chesky recently announced the company will let employees work remotely forever without losing pay. In an interview for Time’s The Leadership Brief, he said “the office as we know it, is over.” He also explained why he thinks the three-day in-office hybrid model is flawed. For Airbnb CEO Brian Chesky, working at the office is now a relic of the past. In an interview for Time’s The Leadership Brief published Sunday,… Source link

In Q1 2022, Meta’s (FB) metaverse business — known as Reality Labs — operated at a loss of nearly $3 billion, causing skepticism in the market about whether the metaverse truly has a place in the digital future. Meta CEO Mark Zuckerberg noted that costs in the present are “laying the groundwork” for this technology to hit the mainstream. In spite of the skepticism, Qualcomm (QCOM) CEO Cristiano Amon agrees that the best has yet to come for metaverse adoption and investment. “It’s… Source link

Over the past two years, Google’s CEO, Sundar Pichai, has faced increased pushback from employees, most recently at an employee meeting in March. Employees there complained that the company is falling behind on issues like compensation and how the company reviews performance. Before that, Google eliminated its iconic town-hall meetings in response to a rise in employee activism. Pichai himself faced criticism over his leadership style, with some employees complaining that he takes too long to… Source link

Interim Starbucks CEO Howard Schultz needs to do a better job embracing the labor union movement infiltrating his stores even if it pains him to do so, suggests U.S. Labor Secretary Marty Walsh. “I think he is going to have to invest in all of his workforce — he can’t just not invest in the dozen shops that are organized, it’s not a good business model,” Walsh said on Yahoo Finance Live (video above). “By investing in employees, I commend him for that and for investing in their salaries. I… Source link

Step aside Budweiser — Modelo and Corona are coming for your crown this summer. “Our beer business is doing extraordinarily well,” Constellation Brands (STZ) CEO Bill Newlands told Yahoo Finance Live (video above). “We really think [Modelo] is about to become America’s favorite beer.” Newlands has some data to support the proclamation. Constellation’s beer sales — driven by Corona, Modelo, and Pacifico — rose 14% in the most recent quarter. That marked a quicker pace than the 11%… Source link