Turner Boss David Levy Plans Exit As Part Of WarnerMedia Reorganization, Ending Tenure Marked By Sports Wins

Turner Boss David Levy Plans Exit As Part Of WarnerMedia Reorganization, Ending Tenure Marked By Sports Wins

The other shoe has dropped at WarnerMedia, with word emerging that Turner chief David Levy will exit. The news landed on the same day that HBO chief Richard Plepler also announced his exit. The two longtime executives have both been squeezed as the AT&T-owned company reconfigures its executive suite and refines its plans for an ambitious new streaming service launching by the end of the year. Bob Greenblatt is reportedly in line for a senior executive position, reporting…Read full story

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Tesla closing retail stores in shift to online-only sales strategy

Tesla closing retail stores in shift to online-only sales strategy

Tesla is moving all of its sales online, a dramatic shift in its sales strategy that will result in the closure of stores and some layoffs as the automaker looks for ways to reduce costs in order to bring a cheaper Model 3 to market. Tesla CEO Elon Musk didn’t say how many stores would close. He noted that some stores would remain and turn into information centers and showrooms. The company didn’t provide specific numbers on how many retail employees might be affected. “We will be closing some stores…

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Cherry lets startup employees choose their own office perks

Cherry lets startup employees choose their own office perks

Forget the office ping pong table, Cherry, a startup in Y Combinator’s latest batch, wants to let employees take company perks into their own hands. Cherry co-founders (and sisters) Gillian and Emily O’Brien say their Slackbot marketplace will let employees completely personalize the lifestyle benefits they get from their company, allowing them to set up a Spotify Premium account or buy a subscription to Classpass instead of just taking what perks their company dishes out at face value. Companies will pay huge amounts of money to deliver sweeping employee memberships or…

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Facebook admits 18% of Research spyware users were teens, not

Facebook admits 18% of Research spyware users were teens, not

Facebook has changed its story after initially trying to downplay how it targeted teens with its Research program that a TechCrunch investigation revealed was paying them gift cards to monitor all their mobile app usage and browser traffic. “Less than 5 percent of the people who chose to participate in this market research program were teens” a Facebook spokesperson told TechCrunch and many other news outlets in a damage control effort 7 hours after we published our report on January 29th. At the time,  Facebook claimed that it had removed…

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