Six4Three exec “panicked” in UK MP’s office, gave up Facebook internal files

Enlarge / Damian Collins, chairman of U.K. House of Commons’ digital culture and sport committee poses for a photograph outside the Houses of Parliament in London, U.K., on Tuesday, March 20, 2018. Collins asked Facebook Inc. Chief Executive Officer Mark Zuckerberg Tuesday to answer for a “catastrophic failure of process” as reports emerged concerning Cambridge Analytica, […]

A Deutsche Bank exec says he travels up to 10 days every month — and he’s been able to keep doing it for over 20 years because of a ‘magic combination’

Piers Constable A Deutsche Bank executive says he does eight triathlons a year — even while traveling 10 days a month for work. Piers Constable, a managing director based in New York City, says that he’s found exercising and traveling to be a “magic combination.” Constable said that he wakes up at 5 a.m. every day […]

Costco exec says the company still pays better than any rival following Amazon’s decision to raise wages to $15 per hour (COST)

Tim Boyle / Getty Images Costco is unconcerned about losing potential employees to Amazon despite the e-commerce giant’s higher minimum wage. CFO Richard Galanti said that Costco’s average pay still “dwarfs any other retail or retail-type entity out there” in a call with investors on Thursday.  According to Galanti, Costco workers make an average of […]

How a Marvel exec and 2 other Mar-a-Lago cronies are secretly shaping the Trump administration’s VA policies

Charles Dharapak/AP Ike Perlmutter, the chairman of Marvel Entertainment and a longtime acquaintance of President Donald Trump, is leading an informal council that is exerting sweeping influence on the Veterans Affairs Department from Mar-a-Lago. None of the informal council’s three members has ever served in the US military or government. They have remained hidden except to […]

A former Chobani exec developing a line of sci-fi-inspired foods says these are the things we could be eating in 2043

George Rudy / Shutterstock Alpha Food Labs, a New York-based company that makes prototypes of future supermarket staples, has a new list of “concept foods” its team is incubating. If Alpha is successful, we could soon be munching on lab-grown burgers, genetically modified chips, and 30 other sci-fi inspired snacks. The following five foods are all […]

Facebook’s top security exec called for huge changes to solve the company’s problems in a leaked memo (FB)

Win McNamee/Getty Images Facebook’s security boss Alex Stamos called on Facebook to make some major changes in the wake of its string of scandals in March 2018. BuzzFeed News has published an internal memo in which the exec argues that the company needs to collect less user data and listen to people’s concerns about it […]

Exec accused of stealing Waymo’s trade secrets starts new self-driving company

Enlarge / Anthony Levandowski, then VP of engineering at Uber, speaking to reporters at the Uber Advanced Technologies Center on September 13, 2016 in Pittsburgh, Pennsylvania. (credit: ANGELO MERENDINO/AFP/Getty Images) Anthony Levandowski, one of the most controversial figures in the self-driving car business, is connected to a new driverless truck startup, TechCrunch has reported. Called […]

Electronic Arts expands exec team as it moves beyond Battlefront II debacle

The leadership in charge of Electronic Arts is getting a bit of a remix. No one is leaving one of those top positions, but chief executive officer Andrew Wilson is putting people into new roles and bringing on at least one new face. “I’m a big believer in having the courage to change, especially in […]

Deutsche Bank is reportedly lining up an ex-UBS exec as its next CEO

REUTERS/Arnd Wiegmann Spiegel: Deutsche Bank’s chairman wants Juerg Zeltner as the bank’s next CEO. Zeltner formerly ran UBS’ wealth management business. Deutsche Bank has begun searching for a new CEO after investors complained about current boss John Cryan’s slow turnaround plan. BERLIN (Reuters) – Deutsche Bank’s chairman Paul Achleitner is considering making Juerg Zeltner, the […]

Smartsheet fought a legal battle to hire this ex-Amazon exec — and now it’s paying him almost $1 million more than the CEO (AMZN)

LinkedIn/Gene Farrell On Monday, cloud-based project management software company Smartsheet filed to go public. The filing revealed that it paid exec Gene Farrell almost $ 2.7 million in 2017 — that’s 70% more than CEO Mark Mader’s total compensation package of $ 1.9 million. Farrell is an ex-Amazon Web Services vice president who came out […]