Tag Archives: CEO

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

The majority of Moderna’s (MNRA) revenue comes from governments abroad — which are bracing are for an ongoing need for COVID-19 vaccines this year. While the U.S. waits on funding and for the U.S. Food and Drug Administration (FDA) to decide on which virus strain to attack through boosters, Moderna and other vaccine companies are anticipating waning immunity to become a concern. “This virus is not getting less infectious,” Moderna CEO Stéphane Bancel told Yahoo Finance. “As you see more and… Source link

When it comes to getting the best return on investment in the housing market, one real estate investor swears on student housing. “I think that’s the safest bet in real estate,” said Rogers Healy, CEO and Owner of Dallas real estate company Rogers Healy and Associates (video above). The student housing market is what initially drew Healy to real estate: He gained his footing in the real estate market as an undergraduate at Southern Methodist University in 2001. “If I could go do it all… Source link

Elon Musk has lined up a new CEO for Twitter and told banks that agreed to help fund his $44 billion acquisition offer about his plans to monetize tweets, according to a new report from Reuters. A source told Reuters that Musk has decided on who he plans to appoint as the new chief executive of Twitter, but the source didn’t name the person. Twitter’s current CEO Parag Agrawal, who took the role after Jack Dorsey stepped down in November, is expected to remain as CEO until the deal is… Source link

Lately, the prospect of an economic slowdown has struck fear into traders and economists alike. This month, The World Bank slashed its projection for global economic growth. The Dow (^DJI) fell 810 points, or 2.4%, on Tuesday in part over concerns of a downturn. And Deutsche Bank raised the possibility of a “major recession” as result of Federal Reserve rate hikes and asset tapering in a recent note. In a new interview, Wall Street veteran and investing guru Sallie Krawcheck took those fears… Source link