News 

Reddit has hired a former Time Inc. executive to help build out an advertising business

“Reddit has hired Jen Wong, a media executive and former COO of Time Inc., to be its new COO; Reddit hopes she will help build the company into a legitimate digital advertising business” writes Apr Edt for recode.net. Wong has a lot of experience in the world of digital media.Before Time Inc., she worked at AOL and then digital lifestyle company PopSugar, where she was chief business officer. (When Wong left Time Inc. in January after the company’s $1.8 billion sale to Meredith, she received a nice golden parachute of…

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Microsoft exec turned founder: 6 things you need to know before working at a start-up

“In series of tweets, published in April, he revealed what he wishes he’d known before leaving the corporate world” writes Photo Courtesy Textio for cnbc.com. Your resume should highlight experiences beyond just your corporate role Internal corporate awards don’t mean much to the rest of the world, says Harris. 3.Harris tells CNBC Make It via email that he jumped ship because he knew he couldn’t built his product in a big company environment.He joined the company after graduating from college and lead the design and development of well-known products including…

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Now is an ‘opportune’ time to land a job at Facebook, one of the company’s top recruiters says

“In fact, Wamai was poached from her former job in HR at Bloomberg, first approached by a Facebook recruiter on LinkedIn” writes Julie Bort for businessinsider.com. We found only 15 jobs mentioning the Trust and Safety team currently on Facebook’s job site.Facebook is also participating in Glassdoor’s first ever-ever, livestream event for job seekers on April 25, where she’ll offer tips on how to get hired at Facebook. Source: businessinsider.com Share This:

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AUD Markets News 

Uber is set to invest ‘heavily’ in Australia, executive says

“Uber counts Australia as one of its main markets and is investing heavily in the country’s ride-hailing industry, according to a senior executive at the tech firm” writes Akiko Fujita for cnbc.com. “We’re investing really heavily in Australia,” Greenacre said.”Dara, our CEO, has come out and said we will continue to invest really heavily in those types of areas, as well as invest heavily in our more core markets and Australia is one of those markets,” Greenacre said.When asked if he thought Uber was struggling in emerging markets, Greenacre said…

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Here’s Why Fired Execs Keep Walking Away With Huge Payouts

“The list of executives (usually men) who get the boot along with a huge wad of cash goes on” writes Mar Edt for racked.com. Lawsuits can also be very expensive — and very public — and so companies usually resort to paying off the exec in the hopes that they will just go away.Yet plenty of executives still walk away with a payout, Trexler notes, because it’s usually in the brand’s best interest to pay them off.With this ambiguity, executives are able to net huge payouts when the time comes. Source:…

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Smartsheet IPO filing reveals it’s paying an exec it poached from Amazon more than its own CEO

“Farrell cited compensation as one reason to leave Amazon in an email he sent to AWS CEO Andy Jassy” writes Jordan Novet for cnbc.com. Project management software company Smartsheet revealed in its IPO filing on Monday that Gene Farrell, an executive who joined from public cloud provider Amazon Web Services last year, is receiving more compensation than Smartsheet’s own CEO, Mark Mader.The pay details suggest that for a smaller company, experience at Amazon’s market-leading cloud business is highly valued. Source: cnbc.com Share This:

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Markets News 

Amazon’s secretive health team talking with AARP about making products for older people

“For consumer technology companies like Amazon, Apple and Alphabet, meeting the needs of aging Baby Boomers is key to retaining market dominance” writes Lindsey Wasson for cnbc.com. “We have looked at the older population in the context of health… and we know this group has a lot of issues and unmet needs,” he continued.Now CNBC has learned that Amazon has in fact been meeting with the AARP since 2015 to discuss potential collaborations and share research, and it is interested in designing technology for aging populations. Source: cnbc.com Share This:

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As Calum Scott Soars, A&R Exec Alex Wilhelm on Signing Him to Capitol & Finding Hidden Gems When ‘Goosebumps Meet Data’

“Records and then Capitol, analyzing data to find “the hidden gems” among the ballooning number of tunes online” writes Nicole Pajer for billboard.com. When Calum Scott went No. 1 in 19 countries on iTunes with the Mar. 9 release of his debut album, Only Human, former Capitol Records A&R executive Alex Wilhelm was among those celebrating. Source: billboard.com Share This:

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News Stocks 

Equifax Exec Charged With Insider Trading After Dumping Stock Ahead of Breach

“A former executive at embattled Equifax Inc. (EFX) is facing insider trading charges from the Securities and Exchange Commission following alleged trades he made just before the company announced a massive data breach last summer” writes Kinsey Grant for thestreet.com. “The SEC alleges that before Equifax’s public disclosure of the data breach, Ying exercised all of his vested Equifax stock options and then sold the shares, reaping proceeds of nearly $1 million. Source: thestreet.com Share This:

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Crypto News 

This ex-Credit Suisse exec left his job to put a Porsche and other luxury goods on the Ethereum blockchain

“Marcos Abele left his job at Credit Suisse to launch Tend last summer” writes Becky Peterson for businessinsider.com. That’s the idea behind Tend, an ethereum blockchain project that will soon let investors buy a portion of a luxury item without owning the entire thing.Tend Tend uses the ethereum blockchain to tokenize the luxury assets, making it possible for physical goods like classic cars and fine wines to be owned concurrently by multiple people. Source: businessinsider.com Share This:

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