[ad_1] Rometty said in a statement: “Arvind has grown IBM’s Cloud and Cognitive Software business and led the largest acquisition in the company’s history. Through his multiple experiences running businesses in IBM, Arvind has built an outstanding track record of bold transformations and proven business results, and is an authentic, values-driven leader. He is well-positioned […]
Category: business
Ninja’s management agency is ‘actively seeking to diversify’ its talent pool
[ad_1] Just as the debut LCS tournament was playing out in June 2011, the streaming site Justin.tv launched Twitch, a live-video platform dedicated to gaming. Today, Amazon owns Twitch and streaming is mainstream, with popular personalities regularly commanding multimillion-dollar sponsorship deals. While Twitch has dominated this space for the past half decade, competitors like Mixer […]
FCC commits $20.4 billion to help close the rural digital divide
[ad_1] In the first phase, beginning later this year, the FCC will make up to $16 billion available to areas that are “wholly unserved.” It will demand broadband speeds of at least 25 Mbps, and the funding will be made available through reverse-auction, a practice meant to drive competition. An estimated six million rural homes […]
Marlboro owner’s stake in Juul is worth a third of its original value
[ad_1] Accordingly, Altria and Juul are scaling back and altering their relationship. They’re shifting attention to “pre-market tobacco applications,” and will limit Altria’s services to Juul to regulatory affairs by the end of March. They’re also restructuring the board of directors to give Altria just two directors’ seats, as well as committees to oversee both […]
Avast is shutting down its subsidiary that sold user data
[ad_1] Motherboard and PCMag found that Avast had been selling a whole host of sensitive user information, including Google searches, Google Maps queries and even LinkedIn and YouTube activity data to some of the world’s largest companies. The company obtained this data through its anti-virus software, which it then packaged and sold through Jumpshot. And […]
Peloton told it can’t countersue music publishers over high workout music prices
[ad_1] The company then fired back with a countersuit, which accused the NMPA of seeking supracompetitive licensing prices — in other words, prices much higher than usual — that violate antitrust laws, as well as of sabotaging its negotiations with individual publishers. US District judge Denise Cote has just dismissed the case. Cote explained that […]
Apple must pay $838 million for infringing CalTech’s WiFi patents
[ad_1] Apple told Reuters that it plans to appeal, having previously said that it was merely a “downstream party” because it didn’t develop the chips, but merely purchased them from Broadcom. The technology is vital to the 802.11n and 802.11ac WiFi standards, though its inventor said that the patents (related to data transmission tech), weren’t […]
The Nintendo Switch has passed the SNES in lifetime sales
[ad_1] Nintendo sold 10.81 million Switch consoles last quarter, bringing lifetime sales to 52.48 million. That’s a 15 percent increase on the 9.41 million units it sold in the same quarter 12 months prior, and the best three-month period since the console launched in 2017. With over 50 million lifetime sales, the Switch has now […]
Facebook settles lawsuit over its use facial recognition for $550 million
[ad_1] After years of wrangling in courts, Facebook has settled a lawsuit over its use of facial recognition. Last year it agreed to stop turning on the tech to scan photos by default, which built a template of your facial data, and automatically suggested tags in photos based on it. During an earnings call on […]
Disney+ announces two adventure competition shows for teens
[ad_1] The Quest, which you may remember as a short-lived ABC series from 2014, is a reality competition with teen contestants filmed in a castle outside of Vienna, Austria. It’s set in a fantasy world called Everealm, and it will include “mystical beings and magical encounters.” A few of its producers have ties to other […]