Tesla loses vice president of HR and head of diversity, Felicia Mayo, one of a few black woman executives to break Silicon Valley’s glass ceiling.
Read more: Tesla loses another exec: HR vice president and head of diversity Felicia Mayo
Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.
Read more: Rep. Maxine Waters asks Facebook to pause work on cryptocurrency Libra
Adobe expects fiscal third-quarter earnings and revenue that are below what analysts were looking for.
Read more: Adobe rises despite soft guidance
Consumer advocates warn there’s no clear fix if your money goes missing through cryptocurrency transactions.
Read more: Finance, privacy experts skeptical of Facebook’s cryptocurrency ambitions
Blockchain technologists say Facebook’s Libra digital currency will reach billions, but the company still faces problems with trust and privacy.
Read more: Facebook created a ‘gateway drug’ to introduce billions to cryptocurrency, experts say
Khan Academy is an online global education nonprofit launched in 2006 by Sal Khan with the mission to “provide a free world-class education for anyone, anywhere.” After a dozen years, expansion into 40 class subjects, and more than 15 million monthly visitors from 190 countries, Ginny Lee (formerly of Intuit), joins the company to help balance Sal Khan’s aspirational vision with the company’s short-term need for greater focus and prioritization. Harvard Business School professor Bill Sahlman discusses collaboration, balance, and tradeoffs in his case, “Khan Academy 2018.”
Read more: Can Khan Academy Scale to Educate Anyone, Anywhere?
Facebook is expected to announce a new cryptocurrency called Libra this week. Analysts anticipate it will open up new revenue streams outside advertising.
Read more: Facebook stock sees a pop as investors anticipate its cryptocurrency announcement
The action reflects the evolving dynamic for U.S. companies that have done business with Huawei, which has been caught in the middle of growing U.S.-China trade tension.
Read more: Microsoft resumes sales of Huawei laptops online
Facebook’s reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.
Read more: Crypto bulls hail Facebook’s reported move into digital assets as a key moment in tech history
“I haven’t heard from him since” calling for the breakup of Facebook, says Chris Hughes. “I’m not sure I will.”
Read more: I still consider Zuckerberg a friend, but he’s too powerful: Facebook co-founder Hughes