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
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
The U.S. should provide monetary help to groups who have been “disproportionately discriminated against,” says former Facebook executive Chris Hughes.
Read more: Facebook co-founder supports giving cash to single moms in public housing with no strings
Cook did not mention companies by name, but his commencement speech in Silicon Valley’s backyard mentioned data breaches and privacy violations.
Read more: Apple CEO Tim Cook: Technology companies need to take responsibility for chaos they create
After Faith No More broke up in 1998, Mike Patton continued to make music that was too esoteric for record companies. So he launched an indie label.
Read more: Faith No More singer Mike Patton’s indie record label has turned profits for 20 years