Magic Leap, the troubled augmented reality startup, named Peggy Johnson, a senior Microsoft executive, as its new chief executive officer on Tuesday. Johnson, who will join Magic Leap on August 1, will replace Rony Abovitz, the company’s founder who stepped down from the top job in May. Johnson was one of the highest ranking female executives at Microsoft, serving as its executive vice...
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TikTok Shifts Into Damage Control Mode
TikTok and some companies that work with the popular app have shifted into damage control mode after a rancorous Congressional grilling of TikTok CEO Shou Zi Chew failed to allay lawmakers’ concerns that its Chinese parent, ByteDance, poses a national security risk. Golin, a major public relations firm that hires creators on behalf of brand clients, on Friday asked some clients to hold...
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