Boardroom

Amazon founder Jeff Bezos has entered more rarefied air, having leapfrogged billionaires Amancio Ortega and Warren Buffett to become the second wealthiest person in the world. Bezos -- CEO of the e-commerce retailer and cloud services provider -- last week enjoyed a jump of $1.5 billion to $75.6 bil...

Uber CEO Travis Kalanick has earned a reputation for having a short fuse. In addition to his apparent personal anger management issues, there are the stresses that come with running a giant company -- and Uber recently has been losing executives. When it rains, it pours. What's happening with Kalani...

Uber has been responding to recent requests to delete customer accounts with a statement that claims "everyone at Uber is deeply hurting" and "it's everyone's number one priority to create change in the coming months and years." The pop-up statement, which Twitter users began circulating on Wednesda...

Toshiba shares fell 8 percent on Tuesday as the company took a $6.3 billion writedown related to its struggling nuclear power business and delayed the release of its fiscal third-quarter earnings. Shigenori Shiga, Toshiba's chairman and representative executive officer, resigned effective Wednesday,...

Facebook has announced that Hugo Barra would be onboarding the company to head up its virtual reality business, including the Oculus team. Barra just days ago announced his departure from Xiaomi. Barra will fill the void left last month, when Brendan Iribe stepped down as CEO of Oculus to head up a ...

Almost four years after being poached from a critical post at Google to join Chinese upstart Xiaomi, Hugo Barra on Monday announced he will return to Silicon Valley in February. Barra, who led the Xiaomi's overseas expansion as vice president, international, explained the move largely as a desire to...

Facebook investors have accused director Marc Andreessen of secretly coaching CEO Mark Zuckerberg regarding a major sale of shares he held. The structure of the sale enabled Zuckerberg to refocus on philanthropic activities while maintaining lifetime control over the company he cofounded. The suit a...

Twitter Chief Operating Officer Adam Bain is leaving the company, according to a document the company filed with the Securities and Exchange Commission earlier this week. The news comes just weeks after Twitter's attempt to find a buyer failed. Bain ran the company's entire revenue business. Chief F...

Tim Cook talked about his five years at the helm of Apple in a wide-ranging interview published Saturday. Apple fans looking for juicy morsels about new products won't find them in the Q & A, however. Among other things, Cook discounted the bleak claims of analysts who maintain the smartphone ma...

The United States Federal Trade Commission reportedly has launched an investigation into philanderers' dating site Ashley Madison. The company, which suffered a massive data breach last year that resulted in extortion attempts and ruined lives, as well as class-action lawsuits, earlier this week ann...

Uber has nailed down a record $3.5 billion investment from the Saudi Arabian Public Investment Fund -- the largest-ever investment in a closely held technology firm. The investment is part of a deal that will allow Uber to expand its Middle East operations. Yasir Al Rumayyan, managing director of th...

Bids for Yahoo's core assets were expected to come in at between $2 billion and $3 billion, far below prior estimates that it could fetch $4 billion to $8 billion at auction, according to a news report published last week. Verizon, which remains the leading candidate for Yahoo's assets, and other co...

Google has rehired former executive Rick Osterloh to lead its hardware businesses, which it plans to consolidate under a single division, according to news reports published last week. Osterloh, who recently stepped down as president of Motorola, reportedly will head up Google's Nexus business, whic...

Facebook on Wednesday announced its board of directors is proposing a new class of shares that will allow its founder to pursue a number of different initiatives while maintaining long-term control over the company. The news came on the heels of a blockbuster first quarter earnings report. The plan ...