Instagram’s co-founders are leaving the popular photo-sharing app, raising questions about the future direction of what has been a growth engine for parent company Facebook. Instagram CEO Kevin Systrom said Monday evening in a corporate blog post that he and… Continue Reading
Rockville, MD (Reuters) – Instagram on Monday said co-founders Kevin Systrom and Mike Krieger have resigned as chief executive officer and chief technical officer of the photo-sharing app owned by Facebook Inc, giving scant explanation for the move. FILE PHOTO:… Continue Reading
Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek. Airlines are run with very little room for maneuver. Once the system breaks down in a single place, it can have a… Continue Reading
SEOUL/TOKYO (Reuters) – A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump’s tariffs… Continue Reading
Bonobos has named co-president and chief marketing officer Micky Onvural as its new CEO, the company told Inc. Her first day in her new role was Monday. “You sell your business and you don’t think you’ll work as hard,” Dunn said, “but I’m working harder–just… Continue Reading
I’m generally bullish on Apple (AAPL). I previously described how my price target for Apple over the upcoming few months was $221 a share, which it surpassed recently as it now sits at $223.84 a share. My 12-month price target,… Continue Reading
In 2001, my husband Bill and I had been married just under a year when we watched on TV as the Twin Towers fell. Next month we will celebrate our 18th anniversary. It’s hard to believe that it’s been 17… Continue Reading
TOKYO (Reuters) – Japan’s Renesas Electronics Corp (6723.T) said it had agreed to buy Integrated Device Technology Inc (IDT) (IDTI.O) for $6.7 billion, its second major acquisition as it deepens its push into semiconductors for self-driving cars. Renesas Electronics Corp’s… Continue Reading
Antarctica might not be the hottest tourist destination, but for anyone who does visit, scientists now have an incredibly high-resolution map of the white tundra. According to the scientists at Ohio State University and the University of Minnesota who created… Continue Reading
(Reuters) – U.S. President Trump tweeted on Saturday that Apple Inc (AAPL.O) should make products inside the United States if it wants to avoid tariffs on Chinese imports. FILE PHOTO: An attendee uses a new iPhone X during a presentation… Continue Reading
MINNEAPOLIS/SHANGHAI (Reuters) – The founder and chief executive of Chinese retailer JD.com Inc, Richard Liu, was arrested in Minneapolis last week following an allegation of rape, according to a public information report released by police on Tuesday. FILE PHOTO: Richard… Continue Reading
SAN FRANCISCO/MUMBAI (Reuters) – Google retains only a slight lead over Facebook in the competition for digital ad dollars in the crucial India market, sources familiar with the figures say, even though the search giant has been in the country… Continue Reading
TAIPEI (Reuters) – A huge pay rise, eight free trips home a year and a heavily subsidized apartment. It was a dream job offer that a Taiwanese engineer simply could not refuse. A leaflet that asks employees to protect company… Continue Reading
California, that innovative economic juggernaut that so often takes the regulatory lead on matters such as automobile emissions, is once again establishing the ground rules to a vital industry. The California Consumer Privacy Act (CCPA), signed into law by Governor… Continue Reading
Entrepreneurship is, at its essence, about problem-solving. And real-world problems are complex, even messy. The solutions may change how we deal with health issues, transportation, business, the environment, and just about every facet of our lives. Solving these problems often takes… Continue Reading
A few weeks ago, the CEO of Twitter, Jack Dorsey, took the stage at an unusual event in San Francisco, with virtually every Twitter employee in attendance. Looking down at his phone, he read aloud some direct messages he’d been trading… Continue Reading
The Northern Florida town of Mayo in is temporarily changing its name to Miracle Whip. As you might guess, this is part of a marketing campaign by Miracle Whip maker Kaft Heinz, which is reportedly paying the town somewhere between… Continue Reading
Twitter has been ground zero in the culture wars that have been raging on social media. Now its CEO Jack Dorsey will testify before the House Energy and Commerce Committee on Sept. 5, the panel said. The Energy and Commerce… Continue Reading