Music
Trailers
DailyVideos
India
Pakistan
Afghanistan
Bangladesh
Srilanka
Nepal
Thailand
StockMarket
Business
Technology
Startup
Trending Videos
Coupons
Football
Search
Download App in Playstore
Download App
Best Collections
Technology

It could just be a better job offer, but WeWorktop communications executive, Jennifer Skyler, has announced to her contacts that she is leaving the co-working giant to become the chief corporate affairs officer at American Express later this fall.
Skyler joined WeWork four years ago as its first communications hire, after spending three years as a director of communications at Facebook in New York. Skyler joined the fast-growing company as its global head of public affairs, working with us closely when we sat down with cofounder and CEO Adam Neumann at TechCrunch Disrupt in 2017.
Last year, she was promoted to the role of chief communications officer.
Skyler calls the past few years an &incredible journey,& one she was ready to end just as WeWork attempts to go public, apparently against the wishes of its biggest backer, SoftBank, which has concerns about how WeWork will be valued by public market shareholders.
Worth noting, another top communications exec, Dominic McMullen, who joined WeWork in 2016 as a vice president and the head of corporate communications, also recently announced some &personal news,& telling his network in late July that after becoming a dad (twice) in recent years, he had decided to take time off to spend with his family in Brooklyn for now.
- Details
- Category: Technology
Read more: WeWork loses its chief communications officer ahead of planned IPO
Write comment (93 Comments)Backed by over $200 million in VC funding, Kobalt is changing the way the music industry does business and putting more money into musicians& pockets in the process.
In Part I of this series, I walked through the companyfounding story and its overall structure. There are two core theses that Kobalt bet on: 1) that the shift to digital music could transform the way royalties are tracked and paid, and 2) that music streaming will empower a growing middle class of DIY musicians who find success across countless niches.
This article focuses on the complex way royalties flow through the industry and how Kobalt is restructuring that process (while Part III will focus on musicmiddle class). The music industry runs on copyright administration and royalty collections. If the system breaks — if people lose track of where songs are being played and who is owed how much in royalties — everything halts.
Kobalt is as much a compliance tech company as it is a music company: it has built a quasi &operating system& to more accurately and quickly handle this using software and a centralized approach to collections, upending a broken, inefficient system so everything can run more smoothly and predictably on top of it. The big question is whether it can maintain its initial lead in doing this, however.
The business of a song

Image via Getty Images / Mykyta Dolmatov
- Details
- Category: Technology
Read more: How Kobalt is simplifying the killer complexities of the music industry
Write comment (94 Comments)Mark Hurd, one of two CEOs leading the database software giant Oracle, is taking a leave of absence owing to health reasons, he told employees in a letter today. Oracle has not specified what Hurdhealth issue is or how long he is expected to be away.
Hurd joined Oracle nine years ago, after spending five years with Hewlett-Packard, where he was CEO, president and, ultimately, board chairman, all roles from which he was pressured to resign in 2010 after submitting inaccurate expense reports designed to conceal what H-P described at the time as his &close personal relationship& with a female contractor who helped with H-Pmarketing.
The news shocked many outsiders, given Hurdperformance, which saw the shares of H-P double on his watch, though the board suggested that it had little choice after the contractorlawyer, celebrity attorney Gloria Allred, contacted the company, charging sexual harassment. (&This was a necessary decision,& said then-director Marc Andreessen at the time.)
Hurd left with $12,224,693 in severance. The very next month, Larry Ellison, a friend of Hurd, named him the co-president of Oracle, the company Ellison had himself founded in the summer of 1977. Said then-CEO Ellison in a statement relating to the move, &Mark did a brilliant job at H-P, and I expect he&ll do even better at Oracle. There is no executive in the I.T. world with more relevant experience than Mark.&
Indeed, when Ellison stepped down as the CEO of Oracle in 2014 to become the companychief technology officer instead, he promoted Hurd to the role of CEO, a role he has since shared with Oracleformer CFO, Safra Catz.
With Hurddeparture for now, Catz will become the sole CEO of Oracle. Ellison, who remains the companyCTO, is also expected to take on some of Hurdresponsibilities, says CNBC.
Hurd, who attended Baylor University in Waco, Texas on a tennis scholarship and reportedly dabbled on the professional tennis circuit immediately after graduating, began his career at NCR Corp., where he was promoted to chief operating officer 22 years into his tenure with the company, and to the role of CEO the following year, in 2003.
Two years later, H-P brought him aboard.
In a statement today, Ellison tried to reassure Oracle investors, writing that &Oracle has an extremely capable CEO in Safra Catz and an extraordinarily deep team of executives, many with long tenure at Oracle.& Added Catz, &Mark was extremely engaged with the business through the end of our just completed Q1, but now Mark needs to focus on his health.&
Oracle released its quarterly financial results as it announced Hurddeparture, revealing that it missed Wall Street estimates slightly. The stock, which fell 2.7% in after-hours trading, has recovered as of this writing.
This story is developing. In the meantime, Hurdfull note to employees follows:
To all my friends and colleagues at Oracle,
Though we all worked hard together to close the first quarter, I&ve decided that I need to spend time focused on my health. At my request, the Board of Directors has granted me a medical leave of absence. As you all know, Larry, Safra and I have worked together as a strong team, and I have great confidence that they and the entire executive management team will do a terrific job executing the exciting plans we will showcase at the upcoming OpenWorld.
I love Oracle and wish you all success during my absence.
Mark
- Details
- Category: Technology
Read more: Mark Hurd, the co-CEO of Oracle, is taking a leave of absence, citing health reasons
Write comment (94 Comments)
At its big press event yesterday, Apple announced that its TV+ streaming service would cost $4.99 per month and a launch date on November 1. But itsupposed to be available in more than 100 countries, so what does that pricing look like outside the United States?
The Streamable has rounded up TV+ pricing in different countries — and you can verify the number yourself by checking out the country&specific versions of Appleannouncement.
The service will cost $5.99 CAD ($4.54 US) in Canada, £4.99 ($6.15) in the United Kingdom, 4.99€ ($5.50) in the rest of Europe, A$7.99 ($5.48) in Australia, 600 JPY ($5.57) in Japan and INR 99 ($1.38) in India. Thatsignificantly cheaper than Netflix or Disney+ across-the-board — though in India, itstill more expensive than Disney-owned Hotstar.
And if thatnot affordable enough for you, you&ll also get a year of free access when you purchase select Apple hardware.
The launch titles should include&The Morning Show& (a drama set in the world of morning TV and starring Jennifer Aniston, Reese Witherspoon and Steve Carrell) and &See& (a post-apocalyptic series starring Jason Momoa).
- Details
- Category: Technology
Read more: Apple TV+ will cost $5.99 in Canada, £4.99 in the UK and INR 99 in India
Write comment (99 Comments)
The BBC and Quibi are partnering to make a new daily international news show for millennials.
The two companies said that the new programming, which will be featured as part of Quibi &Daily Essentials& programming, will be filmed in the Beebcentral London headquarters five days a week and each segment will be five minutes long.
The show aims to catch viewers up with all the news from around the world in five minutes, according to the two companies.
&Since the BBC began life as a start-up in 1922 we have been focused on two things: innovating to reach our audiences in new ways; and providing trustworthy news and entertainment of the highest quality,& said BBC Global News chief executive, Jim Egan in a statement. &Technology is changing constantly, as is the world at large and we&re delighted to be working with an innovative new player like Quibi to bring young audiences a daily made-for-mobile global news update of the highest quality from our unparalleled network of international correspondents and experts.&
The BBC also has news programming distributed on Snap and FacebookInstagram. So the company seems to be covering its bases to ensure it doesn&t miss out on the potential next big thing in media platforms.
&BBC News is one of the most respected news brands around the globe, and in particular for millennials in America today,& said Jeffrey Katzenberg, founder and chairman of the board of Quibi. &We&re proud to partner with them to create a daily international news report for Quibi.&
The deal with the BBC follows a July announcement that Quibi had also hooked up with NBC News for programming. As we reported at the time, that deal includes a six-minute morning and evening news show for Quibiservice.
NBC News also runs a Snapchat news show called Stay Tuned that reaches millions, and recently launched its own digital streaming news network, NBC News Now, delivered through its NBC app.
The mobile-only streaming service is set for an April 2020 launch, and has already announced a big slate of programming from top-tier filmmakers and actors.
Some of the highlights include commitments from filmmakers Sam Raimi, Guillermo del Toro and Antoine Fuqua and producer Jason Blum to create series for the service, plus a show called &Inspired By& with Justin Timberlake.
As we&ve reported, subscribers to Quibi can also expect a show about Snapchatfounding, anaction-thriller starring Liam Hemsworth, a murder mysterycomedy from SNLLorne Michaels, a beautydocuseries from Tyra Banks, aSteven Spielberg horror show, acomedy from Thomas Lennon, acar-stunt series with Idris Elba and more.
- Details
- Category: Technology
Read more: Quibi is partnering with the BBC on international news show for millennials
Write comment (90 Comments)In light of gig worker protections bill AB-5 passing in the California State Senate last night, and amendments to AB-5 passing in the Assembly this morning, Uber has made it clear it plans to do whatever it takes to keep its drivers independent contractors.
&We will continue to advocate for a compromise agreement,& Uber Chief Legal Officer Tony West said on a press call today.
As Uber outlined last month, the company is pushing for a framework that would establish a guaranteed earnings minimum while on a trip, offer portable benefits and enable drivers to &have a collective voice.&
He went on to say that Uber is continuing to explore several legal and political options to lay the groundwork for a statewide ballot initiative in 2020. Uber and Lyft announced a $60 million joint initiative last month, and now, West is saying Uber is open to investing even more money in that committee account.
&This is not our first choice,& West said. &At the same time, we need to make sure we are exploring all options and all alternatives to put forward a framework that works for the 21st-century economy and we believe we have a framework that does that.&
AB-5 would help to ensure gig economy workers are entitled to minimum wage, workers& compensation and other benefits by requiring employers to apply the ABC test. The bill, first introduced in December 2018, aims to codify the ruling established in Dynamex Operations West, Inc. v Superior Court of Los Angeles. In that case, the court applied the ABC test and decided Dynamex wrongfully classified its workers as independent contractors.
According to theABC test, in order for a hiring entity to legally classify a worker as an independent contractor, it must prove the worker is free from the control and direction of the hiring entity, performs work outside the scope of the entitybusiness and is regularly engaged in an &independently established trade, occupation, or business of the same nature as the work performed.&
If Uber were to fail this test, drivers would not be able to determine when, where and how often they work, nor would they be able to work for more than one platform at a time, West said.
&I do think there would be significant changes in the experience drivers would have,& West said.
But West believes Uber would not fail this test. While it will be required to pass this test in the likely event AB-5 gets signed into law, West pointed out &we have been successful in arguing under this ABC test in the past that drivers are independent and independent contractors. We believe that to be true.&
There would surely be a financial impact if Uber fails the test, but West declined to comment on just what that fiscal impact would be. Industry analysts, however, have estimated it could result in up to a 30% cost increase.
As noted earlier, the bill is expected to pass, as Gov. Gavin Newsom has previously expressed his support for the measure. Though, Newsom said earlier today, hestill in negotiations with both Uber and Lyft.
&The governor has been pretty clear he is fully committed to a negotiated solution here,& West said. &Hebeen clear to us on that message in private and has publicly stated that now.&
Following the billpassing in the Senate, Lyft said the state missed an opportunity to support the majority of rideshare drivers who want a solution that balances flexibility with earnings standard and benefits.
&The fact that there were more than 50 industries carved out of AB-5 is very telling,& a Lyft spokesperson said. &We are fully prepared to take this issue to the voters of California to preserve the freedom and access drivers and riders want and need.&
Earlier today, Lyft sent out an email to drivers regarding AB-5 and how if itsigned into law, drivers &may soon be required to drive specific shifts, stick to specific areas, and drive for only a single platform (such as Lyft, Uber, Doordash, or others).&
Despite what Uber and Lyft are saying, there are a number of drivers who have fought long and hard to ensure the bill passes. Two of the main organizations behind the actions in support of AB-5 are Gig Workers Rising and Mobile Workers Alliance. In addition to urging legislators to pass AB-5, Uber and Lyft drivers organizing with Gig Workers Rising also want the right to form a union.
&AB 5 is only the beginning,& Edan Alva, a driver with Gig Workers Rising, said in a statement. &I talk daily to other drivers who want a change but they are scared. They don&t want to lose their only source of income. But just because someone really needs to work does not mean that their rights as a worker should be stepped all over. That is why a union is critical. It simply won&t work without it.&
- Details
- Category: Technology
Read more: Uber plans to keep defending independent contractor model for drivers
Write comment (90 Comments)Page 930 of 5614