Chipotle exec blames sales slump in California on inflation — not state’s $20 minimum wage
Chipotle President Jack Hartung said California consumers are spending less because of inflation and insisted that price hikes following the state's new $20 minimum wage were not a factor in the decline in sales. “I think it's a macro resistance to inflation in general and in California.” Hartung said in an interview with CNBC's Jim […]
OpenAI Boss Sam Altman Consolidates His Power as *Another* Exec Departs, Org Mulls Going For-Profit
OpenAI, the leading AI company and developer of ChatGPT, is changing its corporate structure with its transformation to a for-profit company, while CEO Sam Altman consolidates his power with another high-profile executive leaving the organization. We are considering a major change in ownership. bloomberg report OpenAI, the company behind the popular chatbot ChatGPT, is reportedly […]
Top FTX exec and Sam Bankman-Fried’s ex-lover Caroline Ellison sentenced to 2 years in prison
Caroline Ellison, a former top executive in Sam Bankman Freed's collapsed cryptocurrency empire, was sentenced to two years in prison on Tuesday after a judge praised the “remarkable” incriminating testimony she gave against her ex-boyfriend at her fraud trial. The 29-year-old MIT graduate fought back tears and bowed her head slightly after Judge Lewis Kaplan […]
Florida Microsoft exec sent warning email to suspect ex-wife accused in his murder
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Exec Boasted of Goal to ‘Crush’ Digital Ad Rivals
A Google executive spoke in 2009 about the company's goal of “outdoing” competitors in the digital advertising market, according to a federal antitrust case against the tech giant that focuses on the company's control over the ad tech industry. of New York Post Reports On the third day of a non-jury federal antitrust trial targeting […]
Google exec said firm’s ‘goal’ was to ‘crush’ digital ad rivals: court docs
Google executives bragged to colleagues in 2009 that the goal of the company's nascent online advertising business was to “outcompete” rivals in the digital advertising market, according to evidence presented Wednesday in a major federal antitrust trial against the tech giant. The Justice Department highlighted comments made by Google's former president of display advertising, David […]
News Corp faced $9M loss by nixing Google advertising tools, former exec testifies
News Corp. considered switching away from Google's advertising products in 2017 but abandoned the idea after it thought it would have cost the company at least $9 million in revenue, a former executive at The Washington Post publisher testified on Tuesday. Despite providing tools, Google maintains a monopoly on digital advertising “It's cumbersome and slow” […]
Google Exec Says ‘Big Tech, Big Companies’ Are ‘Coordinating’ to Help Kamala Harris Win
James O'Keefe claims that Google growth strategist Dakota Reaser told an undercover reporter from O'Keefe Media Group that there is a “concerted effort by big tech companies and big corporations” to help Vice President Kamala Harris win the 2024 election and become the “next CEO,” adding that Google is “most in our interest” when Americans […]
Washington Commanders Exec Suspended After Video Rant About ‘Homophobic’ Black Players, ‘Alcoholic Fans’
Rael Entine, vice president of content for the NFL's Washington Commanders, has been suspended after an undercover video was released in which he slammed “stupid” and “homophobic” players, condemned “alcoholic fans” and criticized the lies the NFL tells. Entine's harsh comments were secretly recorded by an undercover reporter working with activist journalist James O'Keefe. videoIt […]
Washington Commanders suspend exec who called team’s players anti-gay, ‘dumb as hell’ in O’Keefe undercover video
The Washington Commanders have suspended an executive who called players on the team anti-gay and “too stupid” in a secret O'Keefe Media Group video. ESPN reported.. The sports network, citing a media group video, said that VP of content Rael Entine met O'Keefe's undercover reporter on the dating app Hinge, adding that Entine and the […]