ESPN staffers shocked, saddened by John Skipper's resignation

ESPN staffers shocked, saddened by John Skipper's resignation

ESPN staffers said they were stunned and saddened to learn about network president John Skipper’s substance abuse problem and resignation from his job on Monday. “John Skipper is one of the finest people I’ve ever worked for,” “SC6” co-host Jemele Hill wrote on Twitter. “He’s been incredibly supportive throughout my career at ESPN. This isn’t → Read More

Facebook to demote posts fishing for Likes

Facebook to demote posts fishing for Likes

Zuckerberg introduces new community service tools Facebook wants users to stop posting “engagement bait.” On Monday, the social network said it would start demoting posts that exploit its algorithm, which prioritizes updates with high engagement. These posts, which encourage users to interact with likes, shares and comments, often show up in more News Feeds. One → Read More

Backers of once-hot startup Panono will finally get their cameras…for a price

Backers of once-hot startup Panono will finally get their cameras…for a price

SpaceX launches recycled rocket and spacecraft When Panono went bankrupt earlier this year, its 2,600 Indiegogo backers who raised $1.3 million for the project were out their money — and the camera they thought they were getting. Now, the company that bought Panono’s assets wants the investors to shell out a little bit more to → Read More

Twitter suspends Britain First account that Trump retweeted

Twitter suspends Britain First account that Trump retweeted

Outrage after Trump retweets anti-Muslim videos Twitter has suspended at least three accounts tied to far-right group Britain First, including one that had been retweeted by President Trump. Trump retweeted three inflammatory videos posted by Britain First deputy leader Jayda Fransen in November, setting off a political firestorm that strained relations between London and Washington. → Read More

Sweet and salty! Hershey buys SkinnyPop maker

Sweet and salty! Hershey buys SkinnyPop maker

Inside Hershey’s super secret chocolate lab It’s a marriage of sweet and salty. Candy king Hershey is buying Amplify Snack Brands, the maker of SkinnyPop popcorn, for $1.6 billion. Read More

Uber has more work to do winning over drivers

Uber has more work to do winning over drivers

5 stunning stats about Uber Uber has spent the past six months trying to court its drivers, who aren’t always the company’s biggest fans. In June, Uber rolled out 38 new features as a part of a “180 Days of Change” pledge to make improvements for drivers. That was a week after founder and CEO → Read More

ESPN president resigns, citing substance addiction

ESPN president resigns, citing substance addiction

ESPN president John Skipper resigned on Monday, citing a substance addiction. “I have struggled for many years with a substance addiction,” Skipper said in a statement. “I have decided that the most important thing I can do right now is to take care of my problem.” He went on to say, “I come to this → Read More

Campbell's is buying Snyder's

Campbell's is buying Snyder's

It never crossed my mind I wouldn’t be CEO Campbell Soup is hungry for pretzels, chips and popcorn. Soup sales have lagged, so Campbell announced on Monday that it’s buying Snyder’s-Lance for $50 a share in an all-cash deal valued at $4.9 billion. Snyder’s-Lance makes snacks such as Snyder’s of Hanover pretzels, Cape Cod and → Read More

Stocks surge as investors cheer corporate tax cut

Stocks surge as investors cheer corporate tax cut

Republicans reveal final tax plan details Stocks surged Monday after Wall Street got its early Christmas present — a bill that would cut taxes for many businesses and that could be signed by President Trump before the holiday. The Dow climbed more than 200 points in early trading, or about 1%, and was above 24,850, → Read More

Employers steal billions from some of nation's most vulnerable workers

Employers steal billions from some of nation's most vulnerable workers

This is life on $7.50 an hour Employers of some of the country’s lowest-paid workers are stealing billions from their paychecks — and federal and state law enforcement agencies have only been able to recover a fraction of those lost wages. According to the left-leaning Economic Policy Institute, government agencies — as well as private → Read More

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