NBCUniversal has hired Annie Luo to oversee global partnerships and strategic development for its Peacock streaming service. Luo is the second Hulu executive hire that NBCU has made in the past several months. Last year it tapped Kelly Campbell, the former president of Hulu, as president of Peacock. Luo will report to Campbell. Luo is the latest in a string of executives to leave Hulu as its...
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Data Point Amazon Markets
Why Amazon Is Giving Employees Record Amounts of Stock, Even as It Trims Head Count
At a moment when Amazon’s overall workforce is shrinking, the company is awarding stock to employees at a record-breaking clip to keep top talent from heading for the exits. Amazon granted 138 million restricted stock units to employees in the second quarter, as the chart above shows—an 82% increase from the number of restricted shares for employees it issued during the same period...
Microsoft Lays Off 200 People in Family-Focused App Business Amid Broader Belt-Tightening
Unity Announces China Joint Venture With Partners Including Alibaba, ByteDance
Former Twitter Employee Convicted of Spying for Saudi Arabia
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