SAN JOSE, Calif. — A judge on Wednesday sentenced former Theranos executive Ramesh “Sunny” Balwani to nearly 13 years in prison for his role in the company’s blood-testing hoax — Read more
Tag: exec
SEC accuses Cronos and former exec of fraud in second move in a week against a once-hyped pot stock
The Securities and Exchange Commission on Monday charged Canadian pot producer Cronos Group Inc. and a former executive with accounting fraud, accusing them of improperly booking sales and overstating revenue Read more
Beyond Meat shares slide after revenue warning, fresh job cuts — and exit for exec who allegedly bit a man’s nose
Beyond Meat Inc. shares fell on Friday, after the plant-based food company issued a revenue warning, announced a fresh round of job cuts, and fired an executive who allegedly bit Read more
Meta exec and former U.K. deputy prime minister books $2.5 million profit on house sale in tony Atherton, Calif.
Nick Clegg, the former deputy prime minister of the U.K., current president for global affairs at Meta Platforms META, -0.54% and the man who will decide whether to allow Donald Read more
Apple exec exits after coarse remarks captured in viral TikTok video: report
A top Apple Inc. executive is reportedly leaving the company after a TikTok video, in which he boasted of fondling “big-breasted women” for a living, went viral. Tony Blevins, Apple’s Read more
Lands’ End hires American Eagle exec to be CEO
Lands’ End Inc. LE, -1.24% on Monday named Andrew McLean as CEO-designate to succeed Jerome Griffith, who will retire as CEO on Jan. 27. McLean, who is president, international of Read more
Palantir stock skids as exec says downbeat forecast is ‘all the more disappointing’ given opportunities ahead
Executives at Palantir Technologies Inc. offered a lower-than-expected revenue forecast Monday as they predicted that the timing of some large government contracts will be pushed out. Palantir PLTR, -13.41% executives Read more
PayPal stock jumps 12% as company confirms Elliott stake and names EA exec as new CFO amid earnings beat
After seeing its shares lose roughly two-thirds of their value in the past year, PayPal Holdings Inc. delivered a packed earnings report Tuesday, announcing a new chief financial officer, buyback Read more
Tesla’s top AI exec Andrej Karpathy, who helped develop Autopilot, is leaving
Andrej Karpathy, Tesla Inc.’s senior director of AI and head of its Autopilot Vision team, is leaving the company. “It’s been a great pleasure to help Tesla towards its goals Read more
Broadcom loses top software exec in the middle of VMware deal
Broadcom Inc.’s head of software Tom Krause is leaving the company in the middle of a $61 billion software acquisition he helped bring about, which analysts called “a surprise” and Read more
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