Some of Netflix’s top executives seem to have less faith in the company’s long-term stock prospects than in the past. The company on Friday filed its annual update on what it will pay its top executives next year, showing that all but CEO Reed Hastings opted to take more of their compensation in cash than in 2018. Ted Sarandos, Netflix’s chief content officer, will earn $18 million in salary,...
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Crypto and AI-Focused Sequoia Partner Is Leaving the Firm
Sequoia Capital partner Divya Gupta is leaving the firm just weeks after the storied venture capital firm apologized to limited partners about its $214 million investment in the now-bankrupt crypto exchange FTX. Gupta worked on seed- and early-stage investments in cryptocurrency and artificial intelligence at Sequoia, and has worked at the firm for under a year. A Sequoia spokesperson said he...
U.S. National Security Deal on TikTok Held Up on Security Concerns
Pinterest Adds Elliott Management Executive to its Board
BuzzFeed Cuts 12% of Workforce
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Microsoft Eyes ‘Super App’ to Break Apple and Google’s Hold on Mobile Search
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