The trend toward more “nearshoring” to alleviate the global supply chain chaos is not new but is increasingly important, according to Deloitte Vice Chairman of US Industrial Products & Construction Leader Paul Wellener. Nearshoring is “bringing things closer to the marketplace or bringing things back into the US marketplace. And those were trends that were starting well before the pandemic got started and really changed the way we think about supply chains,” Wellener told Yahoo Finance (video… Source link
Read More »Zuckerberg Says an Ex-Yahoo Exec Told Him ‘Every Organization Sucks’
Mark Zuckerberg shared advice that a former Yahoo COO gave him as he was launching Facebook. Dan Rosensweig said, “every organization sucks, but you get to choose the ways in which your organization sucks.” Zuckerberg shared the advice with podcaster Tim Ferriss during a chat about Meta’s core values. … Source link
Read More »Meta exec details how hackers spread ‘false narratives’ about Russia
Facebook parent Meta (FB) is warning Ukrainian users that a Russia-linked hacking group is trying to take over user high-profile accounts to spread disinformation about Russia’s invasion. According to Nathaniel Gleicher, head of security policy at Meta, a Belarus-based group, known as Ghostwriter, is trying to compromise high-profile Ukrainians’ user accounts to sow discord among the local population amid Russia’s physical attack. “They were targeting and taking over, or attempting to… Source link
Read More »Biden seen issuing crypto oversight exec order next week
President Biden is expected to issue an executive order next week directing agencies across the government to study cryptocurrencies and a central bank digital currency (CBDC), and come up with a government-wide strategy to regulate digital assets. According to an administration official familiar with the matter, the forthcoming directive will commission a study of a CBDC and ask a range of agencies – including the Departments of Treasury, State, Justice and Homeland Security – to develop… Source link
Read More »Yahoo Targets Ad Tech Momentum With Spate of Exec Promotions
Yahoo has promoted Elizabeth Herbst-Brady to lead its Global Revenue and Client Solutions and as part of that team, Josh Partridge has risen to the position of head of EMEA where he will be responsible for driving growth for the media company across each market. Source link
Read More »Google exec says Apple is ‘holding back’ customers who text
On Saturday, Android boss Hiroshi Lockheimer accused Apple of “using peer pressure and bullying as a way to sell products,” after a Wall Street Journal report revealed how US teens have turned Apple’s iMessage into a social status symbol that locks Android users out. Now, Lockheimer is taking a slightly less abrasive stance: the Google executive said Monday that “we’re not asking Apple to make iMessage available on Android. We’re asking Apple to support the industry standard… Source link
Read More »US leads China in ‘digital currency space race,’ crypto exec says
As the global digital currency race heats up, Circle CEO Jeremy Allaire thinks the broader stablecoin adoption expected to come with regulatory clarity from Washington can give the United States a needed edge in minting the financial system of the future. Testifying along with five other crypto leaders at Wednesday’s landmark congressional hearing, the digital payment provider’s chief executive officer said the U.S. is beating China in stablecoin transactions with trillions of U.S…. Source link
Read More »Yahoo Exec Jo Lambert Talks Sports Betting, Media Approach: Sporticast – Sportico.com
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams chat with Jo Lambert, president and general manager of consumer at Yahoo, about the company’s reach, its sports content business, and its expansion into daily fantasy and sports betting. For years, Yahoo has been a primarily ad-supported business. Lambert explains how the company, now majority owned by Apollo Global Management, is starting to diversify its revenue streams, including the creation of… Source link
Read More »Google real estate exec says 5% more workers coming in to office each week
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave//File Photo/File Photo Register now for FREE unlimited access to reuters.com Register SAN FRANCISCO, Dec 3 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has seen an increasing number of employees coming in to its offices each week, particularly younger workers, the company’s real estate chief said during an interview at the Reuters Next conference on… Source link
Read More »US regulators ‘need to get with the program’ on cryptocurrencies: Ripple exec
Step up your crypto game John and Jane Doe regulator, says one high-ranking executive at cryptocurrency Ripple. “I think the U.S. regulators in particular need to get with the program and come up with more proactive regulation,” said Asheesh Birla, RippleNet general manager, at the Yahoo Finance/Decrypt crypto investing conference on Tuesday. Birla pointed out that much of Ripple’s cross boarder payment volume is concentrated overseas, reflecting a better regulator framework. “Countries like… Source link
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