Facebook’s Chief Technology Officer Mike Schroepfer is stepping down from the social media company, taking on a part-time role while longtime executive Andrew Bosworth will replace him next year. Schroepfer, known as “Schrep,” has been at Facebook for 13 years and is a close friend of CEO Mark Zuckerberg. He called his decision difficult “because […]
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Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle. Mattis’ appearance came during the sixth day of […]
Activision Blizzard’s Chief Legal Officer (CLO), Claire Hart, announced her resignation Tuesday on LinkedIn after three years of commitment to the gaming titan. Following a U.S. Securities and Exchange Commission (SEC) subpoena, Blizzard’s CLO departs the company without any clarifications supporting her decision and whether it has a direct association to the company’s latest legal […]
Netflix has just marked its biggest acquisition to date, signing a deal with The Roald Dahl Story Company (RDSC) to start producing TV shows and films based on the author’s novels. The author who has sold more than 200 million copies internationally, including children’s classics such as Matilda, Charlie the Chocolate Factory, and the BFG […]
Video game titan Activision Blizzard disclosed on Monday it is once more under the investigative spotlight as U.S. Securities and Exchange Commission (SEC) is examining its demeanor concerning workplace sexual harassment environment and various discriminatory issues, according to the Wall Street Journal. The SEC initiated a solidified investigation into the Santa Monica-based company regarding its techniques […]
Twitter said Monday it will pay $809.5 million to settle a consolidated class action lawsuit alleging that the company misled investors about how much its user base was growing and how much users interacted with its platform. The San Francisco company said the proposed settlement, which must still be signed off by a judge, resolves […]
Computer-maker HP, consumer goods business Procter & Gamble and coffee capsule company Nespresso have joined a corporate pledge to sharply cut their greenhouse gas emissions over nearly two decades. The Climate Pledge, a grouping of companies and organizations spearheaded by Amazon, said Monday that it has signed up 86 new members for its voluntary measures. […]
Cambodian Prime Minister Hun Sen has boasted of barging uninvited into a video conference call hosted by his political opponents. An enthusiastic user of social media, Hun Sen said Friday he intruded into the Zoom call to warn his opponents that he and his spies were keeping a close eye on them. The Sept. 9 […]
Chinese watchdogs backed their regulatory scrutiny on their tech sector as they spoke on Tuesday with Wall Street executives disclosing that regulations are meant to enforce tech companies, not crush them. Fang Xinghai, China’s Securities Regulatory Commission Vice Chairman, told the executives that the government’s latest conduct on tech firms was aimed to enhance their regulations, in addition to bolstering national security and data privacy. […]
Online consumer reviews have become a baseline for interested customers willing to try out a new product, and Amazon seems to know that very well. The retail giant has permanently banned 600 Chinese brands across 3,000 different seller accounts for violating its policy against incentivizing positive reviews for products that were purchased through its platform, […]