eBay CEO John Donahoe has 23 million reasons to stick around until the company splits in two next year. The San Jose-based e-commerce giant will spend more than $35 million to retain Donahoe and four other top executives until PayPal is spun off, according to an SEC filing.
The five execs will be out of a job once the split, which was ...
“Sometimes companies have to act their age.”
— Aswath Damodaran, professor at NYU’s Stern School of Business, on the nearly 21-year-old Yahoo. A New York Times Magazine story explores CEO Marissa Mayer’s efforts to restore the Silicon Valley company to its former glory. But Damodaran suggests Yahoo should be co ...
“This is a well-known bright line and I can’t believe they crossed it. Anyone who is familiar with the assets and capabilities of the United States would never do what they did.”
— Philip Lieberman, security expert with Lieberman Software, on the Sony Pictures hackers’ threats against potential moviegoers. The ...
In his latest philanthropic endeavor, Silicon Valley entrepreneur Sean Parker is giving $24 million of his own money to prop up an allergy research center at Stanford University.
Parker, best known perhaps as founding president of Facebook and founder of Napster, the file-sharing service and music piracy site that was shut d ...
One of the arguments employed by those against net neutrality and reclassification of broadband is that it would negatively affect investment in broadband networks. But for those keeping track at home, the number of broadband providers that say reclassification wouldn’t hurt investment is now at four. That’s Verizon, Comca ...
With our panoply of smart machines increasingly making decisions for us, Stanford University on Tuesday announced it is launching a century-long study to examine the societal implications of artificial intelligence.
The study will look into everything from the impact artificial intelligence will have on law and democracy to economics ...
Now what? Yes, we're talking Twitter and yesterday's tweeted bombshell — OK, at the very least, somewhat surprising news — about it taking a step toward an IPO by submitting a confidential filing with the SEC. One big question, as Read More →
Welcome back to Elevator Pitch, where we put top tech investors under the microscope -- and pass the learnings on to you. Up this week is Mark Siegel, who studied dark matter and galaxy formation at MIT, then Read More →
"They (Apple) don't really care about what the users want. They imagine what the users want. ... We focus on making the product that makes users scream."
— Lei Jun, CEO of Xiaomi, the 3-year-old phone maker that's on Read More →
In a tweet heard 'round the tech world and beyond, Twitter finally announced today that it has set an IPO in motion.
The 7-year-old company's impending initial public offering has been rumored for a while, with the buzz getting Read More →
Now the feds are looking into those controversial Facebook privacy changes.
What that means isn’t exactly clear.
But privacy advocates have already complained that the changes Facebook announced last month would violate the social network’s 2011 settlement with the Federal Read More →
" I believe as strongly as anyone that freedom of expression should be protected and that it’s threatened by the government but also by a politically biased progressive shaming culture in our media."
— Pax Dickinson, who this week was Read More →