Tag Archives: CEO

By Jordan Valinsky, CNN Business Yahoo has hired away Tinder’s top executive to become its new chief executive officer. Apollo Management Group, which recently bought the ailing search engine for $5 billion, announced Friday that Jim Lanzone will be Yahoo’s new CEO as of September 27. He’s succeeding Guru Gowrappan, who has led Yahoo since 2018 and will now shift to a senior adviser role. The move comes just four months after Verizon announced it would sell Yahoo to… Source link

Cryptocurrency bulls are lauding the decision by El Salvador to become the first country to accept bitcoin as legal tender. And one bitcoin fund manager believes other countries in emerging markets around the world could possibly follow suit. Michael Sonnenshein, CEO of Grayscale Investments, the world’s largest cryptocurrency fund manager by assets ($32 billion as of Sept. 3), spoke with Yahoo Finance Live and speculated where such countries could be located. “When we think about where… Source link

A tip to members of Congress: if you’re going to send an angrily-worded letter to a technology CEO, make sure they’re still working at the company. A group of 11 House Republicans has sent letters to the leaders of 13 tech companies threatening legal action if they comply with a request for records related to the January 6th Capitol attack. However, there’s one major problem. The letter to Yahoo (Engadget’s parent company) is addressed to Marissa Mayer, who hasn’t been CEO of the company Source link

A tip to members of Congress: if you’re going to send an angrily-worded letter to a technology CEO, make sure they’re still working at the company. A group of 11 House Republicans has sent letters to the leaders of 13 tech companies threatening legal action if they comply with a request for records related to the January 6th Capitol attack. However, there’s one major problem. The letter to Yahoo (Engadget’s parent company) is addressed to Marissa Mayer, who hasn’t been CEO of the company Source link

House Republicans warned Yahoo CEO Marissa Mayer not to comply with January riot-related-records requests. But Mayer hasn’t been CEO of the telecom giant since 2017. Verizon Media — which includes Yahoo — was sold to a private-equity firm this year. Its CEO is Guru Gowrappan. … Source link

(Bloomberg) — When Broadcom Inc. reported slower sales growth than some of its peers on Thursday, Chief Executive Officer Hock Tan gave a surprising reason: It was on purpose. Even with demand for its chips surging, the company is tightly controlling which orders it fills, he said on a conference call Thursday following Broadcom’s third-quarter report. The idea is to sacrifice some current sales to avoid creating a glut in the future. “We can show bigger numbers, but that means we will… Source link

Former long-time Cisco CEO John Chambers has done business in China for decades, dealing with corporate leaders and government officials. The various dealings were always tough, acknowledges Chambers, but importantly there was a certain predictability to them and a focus on win-win outcomes.  But that predictability has evaporated as the Chinese government cracks down on the business operations of Didi (DIDI) and other big tech players in the country, says Chambers.  As a result of this new… Source link

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Google Health VP David Feinberg will become the CEO and president of electronic health records company Cerner in October, taking over for current CEO Brent Shafer, Cerner announced on Thursday. Feinberg had previously led Google’s health care initiatives since 2018 in a role that was created when he was hired. Feinberg’s departure from Google suggests the search giant may be reassessing its ambition to create new products in its Google Health division to break into the the multi-trillion… Source link

Raw material shortages, logistics hurdles and underground markets continue to mar the global distribution of COVID-19 vaccines. It’s why a former CDC director, numerous public health experts, scientists and activists called on the White House this month to enact a more aggressive manufacturing program to increase the production of vaccines within a year. Their joint letter builds on and cites a May blueprint published by Public Citizen, a progressive advocacy organization, for increasing… Source link