Facebook’s U.K.-based employees earned an average of £234,000 each in compensation during 2019, up nearly 7% from the prior year. In new financial results disclosed by Facebook U.K. this week, the company said revenue for the 2019 financial year of £1.1 billion, up 34% from the year before. The filing showed Facebook U.K. made a £87 million profit after paying £29 million in corporate tax to...
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‘We Just Have to Keep Winning’: A Sonos Executive With a Colorful History Goes to War Against Google
A few months into his job as chief legal officer of Sonos, Eddie Lazarus was ready to wage war. When Lazarus joined the audio hardware company in late 2018, it was facing growing competition from tech giants like Amazon and Google. Both companies were selling cheap speakers capable of multiroom audio playback, a feature Sonos had pioneered on its devices more than a decade earlier. Sonos...
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