Amazon says uninstall Honey, which PayPal just paid $4 million for

Amazon says uninstall Honey, which PayPal just paid $4 million for

Honey co-founders Ryan Hudson and George Ruan. PayPal Amazon has a beef with the start-up PayPal recently acquired, Honey. During the height of the holiday shopping season, the e-commerce giant warned some users that the browser extension could be a “security issue.” “Honey tracks your private shopping behavior, collects data like your order history and … Read more…

How Okta CEO Todd McKinnon convinced wife he should leave Salesforce

How Okta CEO Todd McKinnon convinced wife he should leave Salesforce

Okta co-founders Frederic Kerrest (left) and Todd McKinnon Okta As the 2010s come to a close, Okta co-founder Todd McKinnon leads a $14.6 billion company at the center of the rapidly expanding cloud economy. His personal stock is worth about $640 million. It almost never happened. In late 2008, as the economy suffered through its … Read more…

Nike's stock is at record levels and has room to run

Nike’s stock is at record levels and has room to run

Nike’s stock notched a record high on Friday, and it can go higher still, UBS analyst Jay Sole told CNBC on Friday. Shares of the Beaverton, Oregon-based company hit $101.40 intraday Friday, boosted by quarterly earnings and sales released after the bell Thursday that beat analysts’ expectations. It closed Friday down 1.1% at $99.96 but … Read more…

Nike reports reports Q2 fiscal 2020 earnings beat

Nike reports reports Q2 fiscal 2020 earnings beat

Nike on Thursday reported quarterly earnings and sales that beat analysts’ expectations, as more customers flocked to its stores for limited-edition Jordan sneakers and ordered athletic apparel from its website. The company said its Jordan brand had its first ever billion-dollar quarter, thanks to new innovation and a spike in interest in the basketball-focused label, … Read more…

Apple's AirPods Pro are sold out online ahead of the holidays

Apple’s AirPods Pro are sold out online ahead of the holidays

Apple’s new AirPods Pro headphones, which launched in October and feature new noise-canceling technology and a new design, are completely sold out online ahead of the holidays. Analysts predicted this, and it shows that Apple clearly has another huge hit on its hands. In November, Wedbush analyst Dan Ives said the AirPods Pro were a … Read more…

Facebook lost some hard drives in a car break-in, but shouldn't worry

Facebook lost some hard drives in a car break-in, but shouldn’t worry

iStock | 360 | Getty Images On the surface, it seems like another privacy hit for Facebook: a thief broke into an employee’s car “recently,” the company said Friday, taking a company equipment including hard drives. The company said the hard drives contained unencrypted personal data of former Facebook employees, and alerted current and former … Read more…

Amazon will be the most important company of the 2020s

Amazon will be the most important company of the 2020s

Drew Angerer | Getty Images When I left Seattle in 2010, it was a one-company town. And that company was in trouble. Microsoft had laid off thousands of employees in the wake of the financial crisis. It had been slow to decade-defining technologies like search and smartphones, then wasted billions on ill-fated acquisitions. The company … Read more…

Why Coupang founder CEO Bom Kim pulled his IPO to rebuild the business

Why Coupang founder CEO Bom Kim pulled his IPO to rebuild the business

SEOUL — When entrepreneur Bom Kim was advised to take his company public, he might have been delighted. An initial public offering (IPO) could have made him and his stakeholders very wealthy and provide shining recognition for his years of hard work. But instead, he was conflicted. The prospect forced Kim to make what he … Read more…

Macy's president Hal Lawton resigns to become CEO of Tractor Supply

Macy’s president Hal Lawton resigns to become CEO of Tractor Supply

Macy’s store in New York City. SOPA Images | LightRocket | Getty Images Macy’s said Thursday that the president of the department store chain, Hal Lawton, is resigning, effective Friday. Lawton will be leaving to join Tractor Supply as its CEO, succeeding Greg Sandfort, effective Jan. 13. He will also join Tractor Supply’s board. Before joining … Read more…

Omada Health is seeking solutions for clash of doctors and techies

Omada Health is seeking solutions for clash of doctors and techies

Omada Health’s product and clinical heads discussing ideas. Omada Health When Carolyn Jasik recruits doctors to work at Omada Health, where she’s the chief medical officer, she has product developers vet the top candidates to make sure they’re the right fit. Jasik, a trained physician, has seen numerous well-funded companies in digital health struggle, in … Read more…