Jeff Bezos said Tuesday that he will step down as chief executive of Amazon, leaving the helm of the company he founded 27 years ago.
Twitter CEO Jack Dorsey finally gave this thoughts on Wednesday about the decision to ban President Donald Trump from the platform, explaining that the move wasn’t easy and that he takes no pride in banning anyone. But Dorsey acknowledged there can be real harm from speech that happens online and he believes permanently suspending Trump’s account was the right decision during a time of “great uncertainty” even if it sets a “dangerous” precedent.
Wells Fargo & Co Chief Executive Charles Scharf exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there was not enough qualified minority talent, two participants told Reuters. Continue reading Wells Fargo CEO ruffles feathers with comments about diverse talent
The Amazon CEO and entrepreneur, Jeff Bezos, has grown his vast fortune by a further $24bn so far during the coronavirus pandemic, a roughly 20% increase over the last four months to $138b. Continue reading Amazon CEO Jeff Bezos grows fortune by $24bn amid coronavirus pandemic
Chris Myers, the co-founder and CEO at franchise software firm BodeTree, generates revenue in the millions. By all outward appearances, Myers is building a successful, 22-person business out of Denver, which he launched nearly a decade ago in 2010. Continue reading Entrepreneurs on How to Deal with Anxiety and Depression on the Job
With politicians, users, and even its own employees furious with Facebook in the wake of the Cambridge Analytica scandal, it’s hard to imagine that a company could be more screwed than the social network. But we live in Trump world now, and his “obsession” with punishing Amazon is causing investors to flee at a cost of $53 billion. Continue reading Amazon Lost $53 Billion in One Day Because Trump Has Opinions
The FBI has arrested the owner of Phantom Secure, one of a number of phone companies that it claims sells customized BlackBerry and Android devices for use in international criminal organizations. Continue reading The FBI Busts Phantom Secure CEO for Allegedly Selling Encrypted Phones to Gangs, Drug Cartels