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Slack’s unusual public listing has been very fruitful for Stewart Butterfield, the buzzy office-messaging app's 46-year-old cofounder. His estimated 7% stake gives him a net worth of $1.6 billion.
Delta is going the extra mile for Korean Air, acquiring a 4.3% stake in the company’s largest shareholder. The stock purchase indicates that Delta is standing behind Korean Air as it recovers from the death of its longtime president, Cho Yang-ho, in April.
McDonald’s is rolling out a service at 700 of its U.S. drive-throughs that personalizes suggested menu items based on factors like time of day and weather. The technology was developed by Dynamic Yield, an Israeli startup McDonald’s acquired earlier this year.
Duke phenom Zion Williamson was (predictably) drafted with the Pelicans' first overall pick; now attention shifts to the NBA's hectic free-agency.
Take-Two Interactive CEO Strauss Zelnick is standing by Gearbox CEO Randy Pitchford following allegations that Pitchford engaged in unethical conduct. The two companies partner to develop and publish the Borderlands series of games. “We’re people who have our eyes wide open,” Zelnick tells Forbes. “And we support Gearbox in this situation.”
Huawei has seized a huge share of the premium smartphone market across Europe, Asia and Latin America but Washington's ban on the Chinese telecoms company accessing American microprocessors and software has stalled its growth.
Office Fail: If you hate your company, its employees and the shareholders then go ahead and introduce the latest management fad: Hot-desking.
Happy first day of summer! Earlier this week, a fishing boat off the coast of New Jersey encountered a great white shark. Although sightings of the apex predator in New York and New Jersey are rare, they could become more common as their population rebounds.
Mobile game maker Niantic scored a global hit withs its Pokemon Go augmented reality app. Now the San Francisco-based company hopes to tap the same magic with its Harry Potter: Wizards Unite game.
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