Technology
Amazon CEO acknowledges loss of Black leaders in internal memo
Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon CEO Andy Jassy acknowledged losing two top Black executives, who led warehouses and transportation, in a company email Tuesday night. Jassy’s email sang the executives’ praises, adding that he’s “truly sorry to […]
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Tim Cook gives clearest hint yet that Apple’s building a headset
Apple CEO Tim Cook poses for a portrait next to a line of new MacBook Airs as he enters the Steve Jobs Theater during the Apple Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California on June 6, 2022 . Chris Tuite | AFP | Getty Images Apple CEO Tim Cook recently […]
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Coal investments set to rise 10% this year as nations fret over energy security
Coal and a wind turbine in Hohenhameln, Germany, on April 11, 2022. A number of major economies have formulated plans to reduce their reliance on Russian hydrocarbons in recent months. Mia Bucher | Picture Alliance | Getty Images Global energy investment is on course to jump by more than 8% in 2022 and hit $2.4 […]
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Amazon loses two Black executives, including one on leadership team
Jeff Kowalsky/Bloomberg via Getty Images Amazon is losing two top executives who lead warehouses and transportation. Alicia Boler-Davis, senior vice president of global customer fulfillment and a member of the company’s leadership team, and David Bozeman, VP of Amazon Transportation Services, are departing the company, according to people familiar with the matter. Both were among […]
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DOJ settles lawsuit with Facebook over allegedly discriminatory housing advertising
Facebook CEO Mark Zuckerberg testifies before the U.S. House Financial Services Committee during An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency | Getty Images The Department of Justice reached a settlement with Facebook owner Meta over […]
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Naomi Osaka launches media company in partnership with Lebron James
Tennis Player, Naomi Osaka poses for a photo with LeBron James #23 of the Los Angeles Lakers after the game on April 4, 2019 at STAPLES Center in Los Angeles, California. Andrew D. Bernstein | National Basketball Association | Getty Images Four-time Grand Slam winner Naomi Osaka is launching a media production company in partnership […]
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DocuSign CEO Dan Springer steps down
Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign CEO Dan Springer is stepping down, the company announced Tuesday. The decision comes after the e-signature software maker lost more than 60% of its value year to date. The company didn’t provide a reason for his departure but said […]
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Bitcoin rebounds, leading other cryptocurrencies higher, after its big dip over the weekend
Selim Korkutata | Anadolu Agency | Getty Images Bitcoin climbed on Tuesday after a slew of negative headlines had pushed the cryptocurrency to a new 2022 low over the weekend. The price of bitcoin jumped more than 7% to $21,617.70 around 10:50 a.m. ET, according to Coin Metrics. Over the weekend, it fell as low […]
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Uber restarting shared rides in U.S. cities like New York and San Francisco
Zoom In IconArrows pointing outwards Uber announced Tuesday it’s bringing back shared rides in a handful of U.S. cities after pulling the service for more than two years. The feature, which allows riders to share a car with strangers going in a similar direction for a discount, is available in New York City, Los Angeles, […]
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Palantir is a buy as demand for AI platforms grows, Bank of America says
The shine has came off of Palantir in recent months, but the defense tech company’s growth prospects are still strong, according to Bank of America. Analyst Mariana Perez Mora initiated coverage of Palantir with a buy rating, saying that investors are undervaluing the demand growth for artificial intelligence. “We see Palantir as a beneficiary of […]
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