company / 8 posts found

Riot Taps Former Uber Executive To Help Reform Corporate Culture

by I'm Struggling
in News
Riot Games has been the subject of a hurricane of controversy over the last month and a half. A report about a culture of toxicity and sexual harassment rocked the company, leading to a number of current and former employees speaking up about the emphasis on a “cultural fit” within the company and the harassment that trickled down from it. Recently, Riot promised to do better, and has made a highly visible hire to make progress toward that goal. Francis Frei, a former executive at the rideshare service Uber and former Harvard Business School professor, has been tapped to join […]

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, TWTR, FB, TSLA, SNAP, AMZN, NKE)

by I'm Struggling
Reuters/Yves Herman Here is what you need to know. Social-media execs testify before Congress. Facebook’s chief operating officer, Sheryl Sandburg, is set to testify before the Senate Intelligence Committee on Wednesday about her company’s response to Russian interference during the 2016 election. Twitter CEO Jack Dorsey will also appear. Amazon joins the $1 trillion club. Amazon on Tuesday became the second US company to reach a $1 trillion valuation. Apple hit the plateau less than one month ago.See the rest of the story at Business Insider NOW WATCH: How Columbia House sold 12 CDS for $1 See Also: A look […]

Ivanka Trump’s fashion company is shutting down. Here’s the full story of the first daughter’s business from its founding to the end.

by I'm Struggling
Associated Press/Eric Gaillard Ivanka Trump‘s fashion company announced on Tuesday that it would be shutting down. “After 17 months in Washington, I do not know when or if I will ever return to the business, but I do know that my focus for the foreseeable future will be the work I am doing here in Washington,” she said in a statement.  Here is a look back at her fashion business career. Ivanka Trump’s fashion label is closing up shop.  On Tuesday, the first daughter and White House adviser informed fans that she would be closing down her business of seven years to […]

8 of the flashiest perks Apple employees get, from discounted iPhones to Maroon 5 concerts

by I'm Struggling
Eric Risberg/AP Images Apple just became the first US company to hit a $1 trillion market valuation on Thursday. Using Glassdoor, Business Insider looked into some of its employee benefits. Glassdoor users gave Apple’s overall perks a 4.5 out of 5 stars on the site. One of its flashiest draws is its “beer bash” — a regular event featuring snacks, free booze, and celebrity cameos. Apple just hit a $1 trillion market valuation on Thursday, becoming the first US company to do so.  Business Insider took a look at Apple’s Glassdoor reviews to see how the tech giant repays its employees. On […]

2018 is shaping up to be a record year for private investing: VCs have already poured $73 billion into startups valued at $1 billion or more

by I'm Struggling
Reuters 65 companies have reached valuations of $1 billion or more in 2018, new data from Crunchbase reveals. Private investors have  poured $73 billion into “unicorn” companies in the first 7 months of 2018 alone — just $15 billion short of the total funding for unicorns in all of 2017.   In Silicon Valley, startups valued at $1 billion or more are nicknamed “unicorns” because originally they were so few and far between. See the rest of the story at Business Insider NOW WATCH: A diehard Mac user switches to PC See Also: This 28-year-old crashed his company twice and wasted […]

Apple is officially the first $1 trillion US company — here’s the competition it knocked out to clinch that milestone

by I'm Struggling
AP Apple became the first US company worth $1 trillion on Thursday.  Within the last decade, it overtook corporate giants like Exxon Mobil and General Electric. Watch Apple’s stock trade in realtime here. Apple’s market cap briefly topped $1 trillion on Thursday, the first time a US company has ever achieved that feat.  It’s been a long slog to the top since the iPhone maker went public at $22 a share on December 12, 1980.See the rest of the story at Business Insider NOW WATCH: How LeBron James makes and spends his millions See Also: MORGAN STANLEY: The stock market […]

What happened on Facebook’s nightmare conference call that wiped out nearly $150B in market value in 90 minutes (FB)

by I'm Struggling
REUTERS/Charles Platiau/Pool Facebook stock dropped a whopping 24% after it announced its second quarter financial results on Wednesday. The plunge came after Facebook executives announced that the company expects a significant slowdown in its revenue growth in the years ahead. Here’s what happened during the disastrous conference call with analysts that saw Facebook value fall by as much as $148 billion. Facebook CEO Mark Zuckerberg announced a new feel-good statistic on a conference call with financial analysts on Wednesday: Some 2.5 billion people — a third of the world’s population — now use at least one of Facebook’s products each […]

Kroger is warning customers that a $250 coupon making the rounds on social media is fake (KR)

by I'm Struggling
Hollis Johnson   Kroger confirmed on Monday that a $250 coupon making the rounds on social media is a scam. “This giveaway is not affiliated with or supported by the Kroger Company. We recommend not engaging with the site or providing any personal information. Our team is actively working to address this issue,” the company said in a statement online on Monday.  It is not yet clear how many customers have been impacted by the fake coupon. However, Kroger’s Facebook post had been shared over 30,000 times as of Tuesday morning. Bad news for Kroger shoppers: it turns out that the $250 […]