General Electric says Jeff Immelt is stepping down as CEO and John Flannery, president and CEO of the conglomerate's health care unit, will take over the post in August.
The 61-year-old Immelt will stay on...
Thursday, Jun 8, 2017 at 01:16 PM PDT
Verizon Wants to Make Web Ad Dollars With Yahoo Purchase
Verizon has a simple goal in buying Yahoo: It wants to challenge Google and Facebook in the huge and lucrative field of digital advertising. But Verizon faces its own challenge in doing so, given that it will be...
Wednesday, Jun 7, 2017 at 04:47 PM PDT
Layoffs Could Total 1,000 as AOL and Yahoo Complete Merger
Layoffs are expected to take place across AOL and Yahoo that could number up to 1,000 jobs, or 20 percent of the combined company, sources told Recode.
The merger between the two companies — after Verizon bought...
A new app on the tech scene allows for new moms from different walks of life to connect with each other nearby in a Tinderesque fashion, reported NBC News.
Peanut, a new app created by mom Michelle Kennedy,...
Friday, Jun 2, 2017 at 10:36 AM PDT
Here's What to Expect From Apple’s Big Event Next Week
Next week Apple is set to have its developer's conference, known as WWDC, where tech experts are expecting Apple to discuss new hardware and software, CNBC reported.
Most likely, Apple will reveal its new...
Thursday, Jun 1, 2017 at 07:41 AM PDT
Uber Posts $708M Loss as Revenue Grows; Finance Head Quits
A Chinese company that makes shoes for Ivanka Trump and other brands denied allegations Thursday of excessive overtime and low wages made by three activists who have been arrested or disappeared.