Advertisements

Business

Facebook’s former security chief says Mark Zuckerberg has too much power and needs to step down as CEO

Troy Wolverton

  • Alex Stamos, Facebook’s former security chief, suggested on Tuesday that Mark Zuckerberg should hire someone to replace him as the company’s CEO.
  • Microsoft President Brad Smith would make a good candidate to replace Zuckerberg, Stamos said.
  • The move would allow Zuckerberg to focus on what he likes best and signal a culture change at the company, he said.
  • Visit Business Insider’s homepage for more stories.

Mark Zuckerberg should step aside for a new CEO at Facebook, Alex Stamos, the company’s former chief security officer, said on Tuesday.

The move would curtail Zuckerberg’s power and allow him to focus on what he likes best — developing the company’s products, Stamos said at the Collisi

Read The Complete #NewsArticle Here at the Original Publishers Website

Advertisements

Escalations in Trump’s trade war could wipe out $600 billion from the world economy, OECD warns

Gina Heeb

trump tradersDrew Angerer/Getty Images

  • Further escalation in the yearlong trade war between Washington and Beijing would hammer away at growth at a time when the global economy is already set to slow.
  • If trade relations continue to deteriorate, the Organization for Economic Cooperation and Development forecasts that global gross domestic product would fall by as much as 0.7% by 2021.
  • Grea

Read The Complete #NewsArticle Here at the Original Publishers Website

Trump’s Huawei ban could hurt chip makers like Intel and Qualcomm, but this analyst thinks the processor industry has bigger things to worry about

Benjamin Pimentel

  • The Trump Administration ban on Huawei is expected to hit chipmakers whose shares slipped after the blacklist was announced.
  • But an analyst says the tech cold war is just one problem confronting the chip industry, which is also reeling from weak demand in the data center market.
  • Visit Business Insider’s homepage for more stories

Stocks in the processing chip companies retreated after the Trump Administration blacklisted Huawei last week, reflecting fears that they’ll be hard-hit in the brewing tech Cold War between the United States and China.

But one analyst says

Read The Complete #NewsArticle Here at the Original Publishers Website

Read The Complete #NewsArticle Here at the Original Publishers Website

U.S. Slows Hiring of Chinese Nationals by Chip Makers

The U.S. has sharply slowed approvals for the nations semiconductor companies to hire Chinese nationals for advanced engineering jobs, according to industry insiders, who say the delays are limiting access to vital talent.
The disruption, which started last …
Read The Complete #NewsArticle Here at the Original Publishers Website

France Goes on Deal Spree, Thanks to ECB Easy Money

The European Central Banks efforts to revive growth have spurred a flurry of investment and deal making. One problem is, a bunch of it is happening outside of Europe.
French companies in particular have been aggressive in using the ECBs easy-money policies t…
Read The Complete #NewsArticle Here at the Original Publishers Website

Your Kid Wants to Be a YouTuber? There’s a Camp for That!

Whats up guys, its Julie here. Welcome back to another column. Wait, why am I suddenly talking like a YouTuber? Because today Im going to tell you about YouTube summer camps for kids.
No, not camps where kids watch YouTube all day. (What children watch on Yo…
Read The Complete #NewsArticle Here at the Original Publishers Website

California Democrats Face Off Over Health Care for Illegal Immigrants

SACRAMENTO, Calif.California lawmakers are headed for a showdown over how many illegal immigrants should qualify for government-subsidized health care.
Democratic Gov. Gavin Newsom has proposed allowing unauthorized immigrants under 26 to enroll in Medi-Cal,…
Read The Complete #NewsArticle Here at the Original Publishers Website

The German Data Diver Who Exposed China’s Muslim Crackdown

KORNTAL, GermanyResearch by a born-again Christian anthropologist working alone from a cramped desk in this German suburb thrust China and the West into one of their biggest clashes over human rights in decades.
Doggedly hunting down data in obscure corners …
Read The Complete #NewsArticle Here at the Original Publishers Website

Huawei CEO Ren Zhengfei says the company is ‘fully prepared’ for a conflict with the US

Rosie Perper

  • Huawei CEO Ren Zhengfei told Chinese media on Tuesday that the company is “fully prepared” for a clash with the US, which he considers inevitable as the company works towards becoming a global tech leader.
  • Ren’s statements come as the US ramps up action against Huawei – the world’s largest telecommunications equipment producer – over concerns that its technology may be used as a backdoor for spying by the Chinese government.
  • The US last week placed Huawei on a trade blacklist, though on Monday it gave the company a 90-day reprieve before the ban comes into effect. Google responded to the ban by reportedly suspending its business with Huaweiand dropping its licensing on Android, which prevents users from recei

Read The Complete #NewsArticle Here at the Original Publishers Website

%d bloggers like this: