Karen DeSalvo is the latest notable hire in Google’s effort to go big in health and life sciences.
Read more: Google appoints former Obama health official Karen DeSalvo to new chief health officer role
Immigrants make this country stronger and our economy more dynamic. As a first step toward needed comprehensive reform, I urge the Senate to move quickly to pass the Fairness for High-Skilled Immigrants Act,” Cook tweeted. “
Read more: Apple CEO Tim Cook calls on the Senate to pass immigration reform
Branchless bank Chime is experiencing outages that are leaving customers stranded without access to their money.
Read more: Mobile bank Chime goes dark for millions of customers as it seeks billion valuation
In a speech Thursday at Georgetown University on free speech, Zuckerberg chastised ByteDance-owned TikTok for censoring content.
Read more: Zuckerberg blasts Facebook rival TikTok for censorship in China, and he might be right
Tesla has quietly raised Model 3 prices, and made a number of tweaks to its ordering and returns process. For example, it now charges $100 non-refundable order fee instead of requiring a refundable $1,000 reservation fee and $2,500 order deposit.
Read more: Tesla quietly changed its return policy and added a non-refundable 0 order fee
“The stock reaction would suggest a higher grade, but ultimately, this trend is there is some cautionary tales here,” Loup Ventures’ Gene Munster says.
Read more: Gene Munster: Netflix is a difficult stock to own even after positive earnings
The Microsoft CEO was paid $42.9 million for the 2019 fiscal year, which ended on June 30. That’s up 66% from the previous fiscal year but down from his pay when he took the helm.
Read more: Microsoft gives Satya Nadella a 66% raise, citing ‘strategic leadership’
Netflix makes the case in its shareholder letter that more streaming services won’t curb subscriber growth.
Read more: Netflix to competition: Welcome! Your success will be our success
Before this year, ratings agencies rarely took a stance on how particular cybersecurity incidents could impact a company’s credit or outlook. That is changing, as Moody’s response to the three-day-old Pitney Bowes attack shows.
Read more: In a rare move, Moody’s says it’s paying close attention to Pitney Bowes ransomware attack
IBM’s revenue fell for the fifth quarter in a row, even with contributions from its recent Red Hat deal.
Read more: IBM stock falls on revenue miss