Collaborate Disseminate
Samsung Electronics vice chairman and co-CEO, Han Jong-hee, passed away from a heart attack on Tuesday at the age of 63. The Korea Herald reports: Since joining Samsung Electronics, Han held several key positions, including head of the LCD TV Lab. In 2… Continue reading Samsung CEO Han Jong-hee Passes Away At 63
DNA-testing company 23andMe has filed for Chapter 11 bankruptcy protection [non-paywalled source] in Missouri and announced CEO Anne Wojcicki’s immediate resignation, weeks after rejecting her proposal to buy back the business she co-founded. The bankr… Continue reading DNA-Testing Firm 23andMe Files for Bankruptcy
Amazon CEO Andy Jassy is pushing to cut bureaucracy by reducing management layers, according to a recording of a recent internal all-hands meeting obtained by Business Insider. Amazon plans to increase the ratio of individual contributors to managers b… Continue reading Amazon CEO Criticizes Manager Fiefdoms and Stresses the Need For ‘Meritocracy’
The credit-card market has quietly split in two, Atlantic argues in a new story: one offering generous benefits to wealthy Americans, the other offering expensive debt to the poor. Credit-card balances have reached an all-time high of $1.2 trillion, wi… Continue reading ‘There Are Two Kinds of Credit Cards’
HR software startup Rippling has sued competitor Deel, alleging that Deel orchestrated corporate espionage by recruiting an employee within Rippling to steal trade secrets, including customer data, sales strategies, and internal records. The lawsuit (P… Continue reading Software Startup Rippling Sues Competitor Deel, Claiming a Spy Carried Out ‘Corporate Espionage’
Google’s parent company Alphabet is reportedly in talks to acquire cybersecurity startup Wiz for approximately $30 billion. Last July, negotiations had advanced on a $23 billion deal, but the talks were put on hold to prioritize Wiz’s IPO. Around the s… Continue reading Alphabet Back In Talks To Buy Wiz For $30 Billion
Zillow CEO Jeremy Wacksman “recently told Entrepreneur magazine that almost five years of remote work has ‘been fantastic for us,'” writes the Seattle Times.
Zillow shifted to allowing people to work fully remote during the pandemic. It’s been a recr… Continue reading Remote Working Saved Zillow Money, Helped Recruiting, and Maintained Productivity
Did you know that 43% of cyberattacks target small businesses, yet only 14% are prepared to defend themselves?… Continue reading Start-up Security 101: How to Protect Your Venture from Cybersecurity Risk
Fitness tracking platform Strava has terminated user accounts for uploading running activities recorded in North Korea, citing U.S. sanctions that prohibit offering online services to the country. A doctoral student researching North Korea had her acco… Continue reading Strava Bans User for Running in North Korea
After raising rates last June for customers on some of its older plans, T-Mobile is pushing up costs again — but it’s not entirely clear how many people are affected. From a report: According to a memo obtained by CNET and sent to T-Mobile employees e… Continue reading T-Mobile Raising Rates for More Legacy Customers