Day: June 8, 2018

Verizon today announced CEO Lowell McAdam is stepping down from his post as August 1, 2018, seven years to the day he took the spot. He will stay on as Executive Chairman of the Board through the end of 2018 and as Non-Executive Chairman thereafter. Hans Vestberg, Chief Technology Officer of Verizon as well as […]

Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round that totals an enormous $14 billion. The rumors have been flying about this huge financing deal for the past month or so, with multiple publications reporting that Ant […]