Tag Archives: companys

Remember Yahoo? Here’s an inside look at the company’s start more than 25 years ago Yahoo, one of the most popular early internet search engines, was founded nearly 30 years ago. It might not be as popular today, but when CNN visited in 1997, the company’s co-founders were each worth $120M. Here’s what those early days looked like. Source link

Twitter CEO Parag Agrawal (left) is at loggerheads with Elon Musk over the Tesla CEO’s proposed $44 billion takeover.Kevin Dietsch/Getty Images, Andrew Kelly/Reuters Twitter CFO Ned Segal warned employees Friday their bonuses could be half the maximum, per The NYT. Segal said the company’s bonus pool was at 50% of where it could be if financial targets were being hit, per The NYT. Twitter employees’ bonuses are tied to the company’s financial performance, which has declined of late. Twitter told… Source link

It was business as usual at Tesla’s (TSLA) annual meeting last night, peppered with commentary from CEO Elon Musk across a number of topics like car production, supply chain and pricing, and of course the status of the Cybertruck. A number of proposals were put to shareholders to vote on, key among them management’s desire for a 3 for 1 stock split, which was approved by shareholders. Based on yesterday’s closing price the new share price would be around $308. Musk’s presentation to… Source link

Maja Hitij/Getty Images A Twitter investor is suing Elon Musk for market manipulation for his tweets about the buy being “on hold.” The complaint was filed in California on Wednesday. “Just because your name is Business Insider Trading doesn’t mean you should project that on others!” Musk told Insider in an email. A Twitter shareholder is suing Elon Musk and Twitter over Musk’s tweets following his agreement to buy the company last month. The proposed class-action suit, filed in a federal… Source link

Amazon (AMZN) warehouse workers at a Staten Island, N.Y., facility on Friday established the first U.S. union in the company’s 28-year history, delivering a blow to the e-commerce giant and intensifying a wave of labor organizing nationwide. The astonishing victory of a worker-led, crowdfunded union over the nation’s second-largest employer became an immediate symbol for resurgent worker strength. But for now, a symbol is just about all that it is. In the coming days, the Amazon Labor Union… Source link

A labor drive at an Amazon (AMZN) warehouse on Staten Island narrowly won a historic union election on Friday, establishing the first U.S. union in the company’s 28-year history and intensifying a nationwide surge of organizing across major companies like Starbucks (SBUX) and Disney (DIS). As of early Friday afternoon, the union was poised for victory with a margin of nearly 500 votes. The National Labor Relations board said on Friday that the union and Amazon had challenged 66 ballots,… Source link

It’s clear that Google’s automated Play Store policy enforcement system has glaring weaknesses regularly threatening the livelihoods of smaller developers, as we’ve covered again and again. The latest case goes beyond everything we’ve seen so far, though. A company’s developer account and the company owner’s personal Google account were terminated after a former employee seemingly violated Play Store policies — three years after leaving the company, with no ties between his… Source link

Nvidia introduced a new version of its autonomous-driving platform at its GTC developers conference this week. Automotive is a small segment of the company’s business. But it’s getting a lot of attention from Nvidia founder and CEO Jensen Huang. At the conference, Huang touted the company’s $11 billion vehicle-tech order pipeline over the next six years. But he says that’s only one slice of the potential market for autonomous-driving technologies and their importance to Nvidia ( Source link

Affirm founder and CEO Max Levchin has a few things flowing in his veins. One, an admirable work ethic that sees him pushing his own physical boundaries each day. Think working to near exhaustion (yes, for real, as the stories on Levchin are told). And two, financial services — which perhaps harkens back to Levchin arriving to the United States in 1991 from Ukraine as a teenager in search of the American Dream, with little money at first. “I came to the U.S. as a teenager, I had no credit… Source link

Supply chain backlogs and inflationary pressures have taken a toll on consumer-facing brands throughout 2021, but one specialty chocolate company has defied the trend.  Jeff Stoeckel, the CEO of Connecticut-based Bridgewater Chocolate, told Yahoo Finance the company is able to avoid the disruption thanks to its niche focus, loyal customers and planning in advance.  Supply chain strains spurred the creation, orders and delivery process to be in a “condensed timeline,” he added. “We started… Source link