Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta, the company formerly known as Facebook. Sandberg joined Facebook in early 2008 as the No. 2 to Facebook CEO and co-founder Mark Zuckerberg. Javier Olivan, the company’s chief growth officer, will take over as COO this fall. Sandberg will continue to…
Category: Tech
The Man Behind Ethereum Is Worried About Crypto’s Future
In a few minutes, electronic music will start pulsing, stuffed animals will be flung through the air, women will emerge spinning Technicolor hula hoops, and a mechanical bull will rev into action, bucking off one delighted rider after another. It’s the closing party of ETHDenver, a weeklong cryptocurrency conference dedicated to the blockchain Ethereum. Lines…
The Rise and Fall of the Management Visionary Behind Zappos
Tony Hsieh wanted to make the world a happier place. In the end he couldn’t find a sense of peace himself. In 2009, Tony Hsieh retreated to Lake Tahoe, Calif., from his home in Las Vegas with his longtime friend Jenn Lim, whom he called his “backup brain.” In just eight days, they drafted a…
USA BANS RUSSIAN OIL
Biden says U.S. will ban Russian oil imports in response to Putin’s invasion of Ukraine KEY POINTS President Joe Biden announced that the U.S. will ban imports of Russian oil, a major escalation in the international response to Moscow’s invasion of Ukraine. The move came as Western-allied nations work to sever Russia from the global…
Box Office: ‘Jackass Forever’ Catapults to No. 1 as ‘Moonfall’ Craters
After living through nearly two years of a pandemic that won’t end, Americans, as it turns out, were in desperate need of a laugh. That may explain why Paramount’s go-for-broke action comedy “Jackass Forever” triumphed at the domestic box office while Roland Emmerich’s disaster epic “Moonfall” turned into an epic disaster. “Jackass Forever,” the fourth…
Spotify Announces COVID-19 Advisory In Response To Joe Rogan Controversy
The streaming service published what it said are its long-standing rules for podcasters, following backlash over the chart-topping podcast. Spotify announced Sunday that it will add content advisories to any podcast episode that discusses COVID-19 after musicians Joni Mitchell and Neil Young moved to take their music off the streaming service in protest of it hosting podcasts that spread misinformation…
Apple Posts Record Quarterly Results Despite Parts Shortages
Apple Inc. posted quarterly results Thursday that shattered previous records, answering the concerns of jittery investors about the toll supply chain constraints are having on the world’s biggest company. Chief Executive Tim Cook said in an interview those challenges are improving. Shares rose more than 4% after markets closed Thursday in New York, following Apple’s report that…
Virgil Abloh Dies of Cancer at 41
PARIS – Virgil Abloh, the founder of luxury streetwear brand Off-White and artistic director of men’s wear at Louis Vuitton, has died from cancer at the age of 41. One of the most influential designers of his generation, Abloh had been privately battling the disease for several years, LVMH Moët Hennessy Louis Vuitton said in a statement on Sunday. The designer died in…
The Rittenhouse Verdict is Only Shocking if You Followed the Last Year of Terrible Reporting
A year of pronouncing the “Kenosha shooter” a murderer could have serious real-world consequences Kyle Rittenhouse was found not guilty on all six charges today, already causing a great exploding of heads in the pundit-o-sphere. Unrest wouldn’t be surprising. How could it be otherwise? Colleagues in national media spent over a year telling the country the 18-year-old was not just…
China sends 77 warplanes into Taiwan defense zone over two days, Taipei says
Taipei, Taiwan (CNN)Taiwan has reported a record number of incursions by Chinese warplanes into its air defense identification zone (ADIZ) for the second day in a row, Taiwan’s Ministry of National Defense said on Saturday night. The self-governing island said a total of 39 Chinese military aircraft entered the ADIZ on Saturday, one more than the…