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Zillow Group CEO Spencer Rascoff steps down as co-founder Rich Barton takes over at online real estate giant

“Rich Barton is back in the CEO seat at Zillow Group, taking over at the online real estate giant he helped launch 14 years ago” writes Taylor Soper for geekwire.com. During his 9-year tenure as CEO, Rascoff led Zillow through an IPO as the company grew from 200 to more than 4,000 employees.Barton, who co-founded Zillow in 2005 with Rascoff and Lloyd Frink, will return as CEO, a title he held during the company’s first five years.The Seattle-based company made an unexpected executive shuffle Thursday as longtime CEO and co-founder…

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Zion’s freak injury ripples in basketball, business worlds

“A few years ago, former South Carolina running back Marcus Lattimore took out a disability insurance policy” reports foxsports.com. He purchased a $1.8 million insurance policy through the NCAA program.It’s also unclear, if he decides to continue his college career, whether Williamson has an insurance policy to protect him in case of injury like many other elite college athletes have purchased. Source: foxsports.com

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Ex-Lion gets preliminary approval for medical pot dispensary

“The board considered preliminary approval for 84 prospective medical marijuana companies and final approval for 17 medical marijuana business licenses” reports foxsports.com. LANSING, Mich. (AP) — Former Detroit Lions star receiver Calvin Johnson has received preliminary approval of his license application for a medical marijuana dispensary in suburban Detroit.He and another former Lion, Rob Sims, were denied preliminary applications in December for medical marijuana growing, processing and provisioning facilities. Source: foxsports.com

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New AI, mixed reality business solutions lead the way for Microsoft Dynamics 365

“Today at Microsoft Business Forward in Paris, France we connected with hundreds of global business leaders to share our vision for Microsoft Business Applications” writes Lorraine Bardeen for microsoft.com. And with adaptable business applications, business professionals can build and customize solutions, allowing people and processes to stay ahead of trends and market forces.Today’s announcements accelerate our vision and the impact we can deliver to customers, building on Dynamics 365 AI and mixed reality solutions announced in September 2018.Today we’re announcing that we’re extending our Dynamics 365 mixed reality applications to…

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Levi Strauss & Co. appoints chief strategy and artificial intelligence officer

“LEVI, +0.00% has named Katia Walsh chief strategy and artificial intelligence officer, effective April 29” writes Tonya Garcia for marketwatch.com. Walsh joins from Vodafone where she was that company’s first chief data and analytics officer, helping the company’s digital transformation.Walsh will build out the company’s data, analytics and AI capabilities that will grow the business and fuel new business models. Source: marketwatch.com

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Epic Sues Business After Unofficial Fortnite Event Ends in Diaster

“In other Fortnite legal battle news, read about Epic being sued by various parties for allegedly stealing dances for its emotes” writes Shabana Arif for ign.com. The UK-based company, Exciting Events, has been “forced… to cease all trading activities immediately” following an unsuccessful and unofficial Fortnite-themed event in Norwich.In the face of legal action, Exciting Events has announced that it has had to cease trading, and shut down two pre-booked Fortnite Live events. Source: ign.com

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Bloomberg is diving into into the booming alternative data field with a new product that’ll help the market become mainstream

“It’s not just about Bloomberg data, but really any data from a provider that wants to be hosted by Bloomberg,” said Gerard Francis, global head of the Enterprise Data business for Bloomberg, in an interview with Business Insider” writes Bradley Saacks for businessinsider.com. And as those key datasets become more mainstream, longtime alternative data players foresee a future where they are simply known as data companies.Bloomberg LP is the latest mainstream financial company to wade into the once-obscure alternative data field with a new product that will give clients access…

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Sony to beef up chip business with new engineers

“Sony controls more than half of the imaging sensor market for smartphones, and the sensor business was a key driver of a turnaround for the conglomerate which in its heyday led the world in consumer gadgets” reports businessinsider.com. But the company cut its annual profit outlook for imaging sensors this month to 130 billion yen, accounting for just 15 percent of the group’s overall profit, due to weakening global demand for smartphones. Source: businessinsider.com

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Changes in your business? You should plan, talk to staffers

“Small-business owners who recognize the impact that change can have on employees can limit the fallout by helping staffers with the transition” reports thebusinessjournal.com. He told his 50 far-flung staffers they’d have to move to the company’s Fort Worth, Texas, headquarters or leave.They had left jobs to come with me.” Weisberg helped his staffers by showing them his analysis of the company’s situation.Owners, however, need to strike a balance between the company’s and staffers’ needs. Source: thebusinessjournal.com

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WeWork, and Can the Government Really Print as Much Money as It Wants?

“Plus, can the government really spend as much money as it wants without worrying about deficits?” reports hbr.org. You can follow Youngme and Mihir on Twitter at: @YoungmeMoon and @DesaiMihirA. HBR Presents is a network of podcasts curated by HBR editors, bringing you the best business ideas from the leading minds in management.What in the world is Modern Monetary Theory and does it actually make sense?.  Source: hbr.org

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