Forbes reported that Mark Zuckerberg has lost $5.9 billion off the back of the global outage of Facebook, Instagram, and WhatsApp, with the company’s share price slipping 4.8% following the interruption of service. The outage is also expected to prove costly for Facebook from a sales perspective. The company makes approximately $330 million per day […]
Ronny Golan, CEO and Co-Founder at ViewersLogic, explains why big data has failed brands. Advertisers have long been seeking the ability to target individual consumers in key moments across the entire journey to purchase. But with endless communication channels, new devices and multiple purchase options, this goal is more complex and challenging than ever before. […]
TikTok celebrated its fifth birthday in September. Five years! And if you feel like this time has flown by impossibly fast - then you’re probably a TikTok user.
Having a well thought out procurement transformation plan is a critical starting point for any cost-saving mission; but without board approval, that’s all it is – a plan. To put this plan into action, the Chief Procurement Officer (CPO) needs to pitch transformation as a business proposition, and this begins with a baseline savings plan. […]
Rolls-Royce joins a list of other premium brands making the switch to electric vehicles, such as Volkswagen’s Bentley and Jaguar’s Land Rover. In a statement, it said that its first fully electric-powered car, named Spectre, will land on the market in the fourth quarter of 2023. Tests on the vehicle are expected to begin soon. […]
If you’re a business owner or a manager, then you should consider digitising your operation in order to become more productive. Businesses that lack digital elements risk falling behind into obscurity or at least losing sales. Even the most traditional businesses eventually have to catch up, such as banks, which are one of the oldest […]
The UK’s economy continues to recover strongly from last year’s disruption, reflecting the unique nature of the COVID-19 recession and the extension of rescue measures by the Treasury. A full recovery less than five months after the last lockdown and unemployment below 5% and falling – according to the latest ONS unemployment figures – was […]
In August 2020, video-sharing platform TikTok was in talks to sell its US operations after the Trump administration threatened to ban the platform unless its parent company, ByteDance, found a US buyer for it. Tech giant Microsoft became a potential acquirer at one stage but backed out in September 2020 after Oracle was chosen to […]
The CEO’s comments come in a pre-recorded Q&A style stream at the World Internet Conference, which was hosted by the Cyberspace Administration of China. The comments mark the second occasion this month upon which Musk complimented China — a country that will play a vital role in the long-term success of Tesla. Less than two […]
Rumours of a battery-powered 718 have long been circulating, however, it’s now beginning to seem like more than mere speculation. According to Car and Driver, sources within the luxury car company have confirmed that an all-electric 718 is in fact in the works. Porsche’s EV will be built on the brand’s all-new sports car platform, […]
Toast co-founders Steve Fredette, Aman Narang, and Jonathan Grimm started the company in 2012 after their former employer, Endeca, was sold off for $1 billion. They chose to launch their restaurant hardware and software system in their home city, Cambridge, Massachusetts, by testing products on local restaurants, cafes, and bars. Company president Fredette owns 33.2 […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.