Facebook is looking for a new head of U.S. public policy now that Kevin Martin, a Republican and former FCC chairman, has been moved to another role inside the company, according to a memo to employees obtained by Axios . Joel Kaplan, Facebook’s longtime head of global public policy and Martin’s boss, said in the memo that Martin would lead a new economic policy organization focused on...
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What Went Wrong at Wyre, the Crypto Payments Startup That Went From $1.5 Billion Deal to Last-Ditch Rescue
In early May, crypto startup Wyre rented out three houses in Arizona for an offsite for its product and engineering teams. Executives arranged a tour of the Grand Canyon nearby and rented all-terrain vehicles to ride around the area, one person who attended told The Information. There was good reason to celebrate: Weeks before, checkout startup Bolt announced it had inked a deal to buy Wyre for...
Japan and Netherlands To Join U.S. Restrictions on Chip Machinery Exports to China
Intel Shares Plummet After Weak Earnings, Sales Forecast
SAP Lays Off 2.5% of Workforce, Eyes Sale of Qualtrics Stake
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