Lyft’s cofounders, Logan Green and John Zimmer, will step back from their day-to-day roles as CEO and president, with David Risher as the new CEO.Story Published at: March 27, 2023 at 09:33PM
Lyft CEO and president to step down in mid-April, former Amazon exec David Risher named as replacement
A deadline looms for rules governing deep-sea mining, but a rushed decision may be risky
The conversation about regulating deep-sea mining in international waters has become especially urgent ahead of a rulemaking deadline.Story Published at: March 27, 2023 at 08:06PM
Alibaba founder Jack Ma back in China after months abroad in sign Beijing may be warming to tech
Alibaba founder Jack Ma has been spotted in China in a potential sign that Beijing is warming to technology giants again after a crackdown on the sector. Story Published at: March 27, 2023 at 05:34PM
Bitcoin falls after CFTC sues crypto exchange Binance for allegedly breaking trading rules
Bitcoin is still on track to cap a winning month. It’s advanced 16% in March, while ether has gained 6%.Story Published at: March 27, 2023 at 05:29PM
Disney layoffs will begin this week, CEO Bob Iger says in memo
Disney CEO Bob Iger notified employees in a memo that job losses will begin this week.Story Published at: March 27, 2023 at 05:05PM
Israel’s Netanyahu to delay judiciary overhaul after mass protests, coalition partner says
Israeli Prime Minister Benjamin Netanyahu on Monday agreed to suspend a planned judiciary reform until the next parliament session after nationwide protests paralyzed the country.Story Published at: March 27, 2023 at 04:45PM
Starlink rival OneWeb aims for global satellite internet coverage after passing a key milestone
Internet satellite company OneWeb is aiming to roll out coverage globally after successfully launching an additional 36 satellites Sunday.Story Published at: March 27, 2023 at 03:27PM
Huawei reportedly says it has developed domestic chip design tools despite U.S. sanctions
Huawei along with other domestic firms, created electronic chip design tools required to make semiconductors at 14 nanometers and above, a top exec said.Story Published at: March 27, 2023 at 03:27PM
Angry protests, strikes paralyze Israel as Netanyahu resists pausing widely hated judicial reforms
Mass protests have erupted in Israel in recent months over controversial judicial reforms pushed by Prime Minister Benjamin Netanyahu’s government.Story Published at: March 27, 2023 at 09:50AM
Saudi National Bank chair resigns just days after Credit Suisse comments sparked sell-off
Al-Khudairy’s resignation comes days after his comments fueled investor panic and contributed to a selloff in the shares of embattled lender Credit Suisse.Story Published at: March 27, 2023 at 09:40AM