Wish founder and CEO Piotr Szulczewski is stepping down after 11 years at the helm. The news came as the online shopping site, which sells goods directly from small merchants at low prices, reported a 40% revenue drop for the third quarter. Szulczewski will remain interim CEO and chairman until Wish finds a successor before February 2022, the company said. Szulczewski’s departure comes as the...
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‘Winner-Take-Most’: Anthony Noto’s Ambitions for SoFi Take Shape
Anthony Noto has long had a knack for grabbing attention. When he was a top executive at Twitter, Noto struck a deal with the NFL to air Thursday night games, thrusting the social media service into the streaming market, to the surprise of even many Twitter employees, according to people who worked there at the time. More recently, SoFi Technologies, the financial services company Noto leads as...
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