Around 100 companies are responsible for climate change and we must act to stop them now in our last chance to save the planet, a climate change activist has warned...
In a move reportedly initiated by the United States, Canadian authorities detained Meng Wanzhou, chief financial officer for Huawei Technologies of China, Dec. 1 in Vancouver, British Columbia. She faces extradition to the U.S. According to CBS News , the U.S. Justice Department declined to comment. China’s Foreign Ministry demanded Meng’s release on Thursday and said neither Canadian nor U.S. officials have offered a reason for her detention...
I’m going to answer this one from a tech executive perspective, and compare it to another highly popular IPO, that of Snap Inc (Snapchat). The key numbers: Revenue of $1.1Bn in 2017, up 30% from 2016 11m paying users out of 500m total Cash-flow positive: generated $330m free cash flow in 2017, up from $252m in 2016 Flat ARPU: $111 in 2017, slightly down from $113 in 2015 Gross margin doubled from 2016 to 2017, now at 66%, because cost of revenue (COGS) fell from $391m to $369m 2016- ...
In the United States, the House of Representatives has passed the Financial CHOICE Act (Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs Act). This bill is intended to replace the financial market regulation of the Obama era, the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was a response to the global financial market crisis of 2008....
Uber Technologies Inc director David Bonderman said on Tuesday that he has resigned from the company's board following a remark he made during an Uber staff meeting that was widely seen as offensive to women. Bonderman's ill-timed remark came during an all-staff meeting Tuesday to discuss of how the ride-services company plans to transform itself following a probe into sexual harassment at the company...
Close Bernie Sanders To EPA Administrator Scott Pruitt: 'You're Not Gonna Get My Vote' A group of lawmakers including Sen. Bernie Sanders (I-Vermont) are dismayed by the delay of a Dodd-Frank rule that would require CEO's to disclose how their pay compares to that of their workers.