Acton co-founded WhatsApp with Ukrainian immigrant Jan Koum in 2009. The company was acquired by FB in 2014 for $19 billion. Facebook announced in a post that Brian Acton, who co-founded WhatsApp, will be leaving the messaging service company in… Read More ›
human resources
BlackRock rejigs its human resources to streamline revenue sources
The move introduces some fresh blood in its top management. According to an internal memo from BlackRock Inc, the world’s largest asset manager, it has reshuffled its top regional management and has placed new new leadership at the head of… Read More ›
Makan Delrahim in the lead to head the Antitrust division of the Justice Department
Democratic Senator Elizabeth Warren met up with U.S. President Donald Trump in the run up to the race as to how is going to head this important division. According to a source familiar with the discussions at hand, Senator Elizabeth… Read More ›
Twitter hires ex-Goldman Sachs director as its Chief Financial Officer
There is a renewed investor interest in the company despite its lagging behind its peers in terms of size and profitability. In a significant development, San Francisco-based Twitter Inc has a former managing director of Goldman Sachs, who is also… Read More ›
Tim Westergren resigns as Pandora Media’s Chief Executive
Until the company finds a replacement, Westergren will continue to hold the office. As per a Recode’s report, Tim Westergren, the founder and CEO of Pandora Media Inc, a music streaming service, has decided to step down. However, he will… Read More ›
Michelle Lee resigns from the U.S. Patent & Trademark Office
She had made significant inroads in reducing abusive litigations by “patent trolls”. On Tuesday, a spokesman from the U.S. Patent and Trademark Office stated that its Director, Michelle Lee, who won lavish praise from tech companies for taking steps to… Read More ›
The Trump Administration has started ‘extreme vetting’ vetting at Australia’s detention centers
Trump had labeled the deal as “dumb”. As per two sources located at Australia’s offshore detention centers, officials from the U.S. Homeland Security have begun “extreme vetting” interviews in Australia. Trump had termed Washington’s refugee swap deal with Australia as… Read More ›
AIA’s CEO joins embattled HSBC as non-executive Group Chairman
The move comes in the wake of HSBC’s lawyers urging a federal appeals court to not to reveal Michel Cherkasky’s reports. In a telling development, Hong Kong-based AIA Group’s President and CEO has stated that he will be leaving the… Read More ›
Gartner acquires CEB in a cash and stock deal valued at $2.6 billion
The deal marks 2017’s first significant merger in the advisory, research and analysis industry. Gartner Inc, an IT research and an advisory company, has disclosed that it is set to acquire CEB Inc, a provider of business research and analysis,… Read More ›