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2,133 posts

  • Jack Dorsey asked Edward Snowden how to fix Twitter. Here’s what he suggested.

    For Edward Snowden, who is currently seeking asylum in Moscow, Twitter is one of the few connections that still exists to the public around the world. On Dec. 13, the Pardon Snowden campaign organized a Q&A session between Twitter’s chief executive officer Jack Dorsey and Snowden over Twitter-owned video broadcasting site Periscope. The conversation initially […]
  • How Goldman Sachs’ Gary Cohn became Donald Trump’s top economic adviser

    Real estate barons are used to turning to Wall Street to finance their grandiose ambitions, and Donald Trump is no exception. When Goldman Sachs president Gary Cohn came into his Trump Tower office on Nov. 30 with a Wall Street-inspired plan for financing big-ticket government infrastructure investments, the US president-elect was smitten. They’ve met three […]
  • A $16 million drawing by Leonardo da Vinci has been found in France

    A stone’s throw away from his famous masterpieces at the Louvre, a newly discovered drawing by Leonardo da Vinci is causing a stir in Paris. A long-lost 530-year old pen and ink sketch has been attributed to the Renaissance genius, according to auction house Tajan who unveiled it yesterday (Nov. 12). The drawing, with two […]
  • Apple’s release of the Airpods isn’t going very well

    It looks like Airpods aren’t going to make it in time for Christmas for most online shoppers—or even the new year. Apple’s first wireless earphones debuted on Apple’s online store today. Within the first couple hours of the announcement, the estimated shipping date slipped from Dec. 21 to Dec. 29. Not long after, it got […]Read More
  • There can be only one: Why having co-CEOs at a company almost never works

    Leadership tends to be a singular thing. We like to have one person in charge. One president, one head coach, one king. And almost always, one CEO. The co-chief executive officer structure, never widespread, is increasingly falling out of favor. Yesterday, Chipotle said longtime co-CEO Montgomery Moran will step down, leaving remaining CEO Steve Ells […]
  • Italy’s largest bank is firing 14,000 people and investors are cheering it on

    For Italian banks, bad news is good news. UniCredit, the country’s largest bank, unveiled an aggressive three-year restructuring plan today, featuring 14,000 job cuts, nearly 1,000 branch closures, and sour-loan selloffs at deep discounts. The bank’s share price surged by more than 15% following the news. Italian banks are weighed down by some €350 billion […]Read More
  • Donald Trump is picking people to run agencies they hate

    Conservatives have in recent times been measured by their ability to list departments of government worth eliminating, a habit that infamously came to a head during the 2012 presidential primaries, when Republican candidate Rick Perry failed to remember the name of the third agency he proposed to scrap. That there were at least three worth […]