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Tag Archives: moneygame

Expedia’s CEO, who replaced Dara Khosrowshahi, is resigning along with the company’s CFO as part of a leadership shakeup

Kyodo News Stills/Getty Images Expedia CEO Mark Okerstrom and CFO Alan Pickerill resigned from the firm as part of a leadership shakeup, Expedia introduced Wednesday. Okerstrom had replaced Dara Khosrowshahi, who now serves as CEO of Uber. Expedia shares climbed greater than four% in the wake of the announcement. Visit …

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Emergence Capital had a huge hit this year with Zoom. Here are some of the other software trends a partner expects to boom.

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Uber founder Travis Kalanick has reportedly raised $400 million for his next act from Saudi Arabia. He’ll be competing directly with his old company.

Josiah Kamau/BuzzFoto via Getty Images Travis Kalanick, the ousted founder of Uber,is quickly scaling up his next act. According to The Wall Street Journal’s Rory Jones and Rolfe Winkler, the billionaire quietly raised $400 million Saudi Arabia’s sovereign-wealth fund in January, in a deal that values CloudKitchens, a delivery-only restaurant …

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Apple’s latest earnings report proved the iPhone is more important than ever – even if it doesn’t seem like it

Richard Drew/AP Apple’s growth in wearables, home, and accessories products and its flourishing services business were the highlights of the company’s fourth quarter earnings, while iPhone sales continued to decline. Growth in wearable products and digital services has helped Apple offset slowing smartphone sales, but the iPhone is still as …

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Facebook is gearing up for a year from hell in 2020, Mark Zuckerberg warns: ‘This is going to be a very tough year’

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Amazon Web Services is ‘evaluating options’ after Microsoft wins $10 billion JEDI contract out from under its nose

Andy JassyMike Blake/Reuters Amazon Web Services is “still evaluating options” after the Department of Defense selected Microsoft for a $10 billion contract to move the agency’s database to the cloud, according to a source close to the situation. “We’re surprised about this conclusion,” an AWS spokesperson said in a statement. …

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Microsoft CEO Satya Nadella lays out the technologies he's betting on to take it past its $1 trillion valuation

Chesnot/Getty ImagesMicrosoft CEO Satya Nadella.Microsoft CEO Satya Nadella revealed the technologies the company plans to invest in going forward.The company will continue to advance its apps and infrastructure business, prioritize growing in data and AI, as well as compete in new areas in which Nadella said he sees as long-term …

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Read the email from WeWork’s new chairman where he confirms layoffs and says: ‘What we are lacking is focus’ and ‘accountability’

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