Overwatch League, a competitive video game league owned by Activision Blizzard, is under antitrust scrutiny by the Justice Department over de facto salary caps imposed by teams on their players, according to Dot Esports, a news service covering competitive gaming. The DOJ is investigating whether a luxury tax imposed by the league once a team’s combined salary exceeds $1.6 million, tamps down...
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Pinterest’s Tardy CEO Shakeup
What timing! No one could say they were surprised that Ben Silbermann is stepping down as CEO of Pinterest—that’s something we’ve expected for a while. After all, while he and his co-founder, Evan Sharp, built the business into a public company worth $13 billion—even after the stock plunge of recent months—Silbermann lately has been grappling with falling user numbers in the U.S. No, what is...
Email App Front Doubles Valuation to $1.7 Billion
Disney’s Board Renews Chapek’s Contract for Three Years
Pinterest’s Silbermann Steps Down
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