TipTop, the startup that offers instant cash for electronics, is launching TipTop Shop, a way for users to purchase and trade in devices. TipTop Shop builds on the success of TipTop Cash, which was released late last year. It lets people get instant payouts for electronic devices like smartphones, iPads, cameras, game systems and more. … Read more
The Toronto Express container ship, operated by Hapag-Lloyd AG at the Port of Hamburg in Hamburg, Germany, on Wednesday, Dec. 20, 2023. Maria Feck | Bloomberg | Getty Images Rolf Habben Jansen, CEO of Hapag-Lloyd, the world’s fifth-largest ocean carrier, tells CNBC he has an improved view on trade for the rest of 2024. Conversations … Read more
TikTok CEO Shou Zi Chew has responded to Wednesday’s vote on the proposed U.S. TikTok ban, calling it “disappointing” and indicating that the company may take legal action. It seems as though TikTok isn’t ready to disappear without a fight. The U.S. House of Representatives passed the Protecting Americans From Foreign Adversary Controlled Applications Act … Read more
Kevin Plank, founder of Under Armour, during a CNBC interview on “Mad Money” on Feb. 28, 2018. Scott Mlyn | CNBC Under Armour announced on Wednesday that CEO Stephanie Linnartz is stepping down from her role just over a year after she started, and founder Kevin Plank will return as the brand’s chief executive. Linnartz … Read more
Alex Karp, CEO of Palantir Technologies poses beside the company’s logo ahead of an interview with Reuters in the Alpine resort of Davos, Switzerland May 23, 2022. Picture taken May 23, 2022. Arnd Wiegmann | Reuters Palantir CEO Alex Karp said some staffers at his software company have exited due to his public support for … Read more
In 2023, New Zealand had the strongest board representation with more than 40% of female CEOs, according to MSCI. Shannon Fagan | The Image Bank | Getty Images New Zealand is showing the way for women participation in executive roles, as well as compensation, at a time when the rest of the world suffers from … Read more
Customers at a Lego store in Shanghai, China, on Feb. 3, 2024. Costfoto | Nurphoto | Getty Images The chief executive of Denmark’s Lego on Tuesday reflected on a tough year for the world’s largest toymaker, and outlined the firm’s long-term plans to stay relevant and “cool with kids.” Lego said its 2023 revenue was … Read more
It’s not often you see an established company burn through three CEOs in less than a year. But through circumstances beyond its control, that’s what has happened at Slack, the company Salesforce acquired in 2020 for $28 billion. In November, Slack introduced Denise Dresser as the latest person to occupy the corner office. Dresser acknowledges … Read more
Satellite manufacturer Terran Orbital is “looking at everything” regarding the company’s future, CEO Marc Bell told CNBC, as it considers Lockheed Martin’s acquisition offer. “We found out about [Lockheed’s takeover bid] when the rest of the world found out about it,” Bell said on CNBC’s “Manifest Space” podcast. Lockheed’s proposal submitted last week values Terran … Read more
Sam Altman, the CEO of OpenAI, has a seat at the table — or board, rather — once again. OpenAI today announced that Altman will be rejoining the company’s board of directors several months after losing his seat and being pushed out as OpenAI’s CEO. Joining him are three new members: former CEO of the … Read more