Uber posts $1.1 bln loss for fourth quarter
Uber reported a loss of $1.1 billion for the fourth quarter of 2019. Cathy Bussewitz had the news for the AP: Uber is still losing money as it expands its food delivery business and...
Talking Biz News
Georgia paper expands its editorial team
The Telegraph has appointed two editors — Blake Kaplan and Caleb Slinkard — to lead the publication’s daily operations. Kaplan has been named the organization’s regional executive editor, and Slinkard will be taking on...
Boston Globe hikes weekday home subscription rates
The Boston Globe is spiking rates for some of its weekday print subscribers up to $24.90 a week later this year, for an annual cost of $1,295. The announcement was made via email to...
More journalists leave in latest buyouts offered by Tribune
The owner of The Virginian-Pilot and Daily Press newspapers including their community publications, has accepted buyouts from 20 people in its Virginia news operations as part of companywide staff reductions. According to a report...
Microsoft replacing CEO of LinkedIn
The CEO of Microsoft’s LinkedIn business, Jeff Weiner, will be replaced by its product executive, Ryan Roslansky. Weiner will be stepping down from his role after 11 years with Roslansky taking on his new...
Huawei launches patent infringement suit against Verizon
Huawei has filed a lawsuit alleging patent infringement by Verizon. David Kirton reported the news for Reuters: China’s Huawei Technologies Co Ltd has launched legal action against Verizon Communications Inc (VZ.N), alleging the U.S....
Talking Biz News Today — Feb. 6, 2020
Some of Thursday’s top business news stories: Associated Press China cuts tariffs on $75B of US imports in trade truce, by Joe McDonald Facebook, YouTube: Firm must stop scraping faces from sites, by Matt...
Texas Tribune journalists to launch women-focused publication
According to a Pew Research report (2018), newsroom employment in the U.S. dropped 25% over the past decade. This added with declining ad revenues in print and television has led many newsrooms to struggle....
WeWork names Mathrani as its new CEO
Office sharing-space company, WeWork has appointed Sandeep Mathrani as its new CEO. Mathrani will step into the shoes of former co-founder and leader, Adam Neumann. He will also replace Artie Minson and Sebastian Gunningham,...
IBM’s Ginni Rommetty to step down from CEO post
IBM’s first female chief executive Ginni Rommetty will step down in April. CNBC’s Jordan Novet reported the news: IBM shares jumped as much as 5% on Thursday after the company said Arvind Krishna is...
