Verizon CEO confirms company’s plan to launch a streaming TV service
Businessam StaffMay 24, 2017
Verizon CEO Lowell McAdam confirmed today that the company is planning to use the post-merger AOL-Yahoo subsidiary as a platform to “test out an over-the-top service,” according to a report from Variety. The news was rumored by a Bloomberg report that claimed that Verizon was preparing to launch a nationwide TV service as early as […]
Ford names James Hackett CEO as challenges mount
Businessam StaffMay 22, 2017
Ford Motor Co (F.N) on Monday named James Hackett, who heads its unit developing self-driving cars, as chief executive officer, responding to investors’ growing unease about the U.S. automaker’s stock price and prospects. Hackett, 62, a former CEO of furniture manufacturer Steelcase Inc, will take the helm in a broader shake-up aimed at speeding up […]