The Hollywood scene is buzzing with uncertainty as CinemaCon rolls around this year. This event, held in the massive Colosseum theater at Caesar’s Palace in Las Vegas, is where studio bigwigs share their upcoming movie plans with theater owners. It's also a time when some execs might be saying their goodbyes, while others are gearing up for another round. One na...
Amazon's move to cut ties with Jennifer Salke, the head of Amazon MGM Studios, sent ripples through Hollywood. It is a sign of the times, as technology companies increasingly take control of the entertainment industry. These days, the entertainment industry is a different beast. It's not just about making movies and TV shows anymore. It's about fitting into a muc...
Commercetools, a company that specializes in "headless commerce, " has recently faced some big challenges. The company, which helps businesses build online stores using APIs, saw a huge boost during the COVID-19 pandemic. Online shopping skyrocketed, and companies rushed to improve their e-commerce operations. Commercetools was one of the big winners, raising money a...
Bumble is shaking things up with its founder, Whitney Wolfe Herd, taking back the CEO role in March. This move comes after the dating app's shares dropped about 50% during the current CEO's tenure. The industry as a whole is facing challenges, with high inflation and a lack of new features slowing growth for companies like Bumble and its rival, Tinder-owner Match Gro...
Daniel Pinto, who has been with JPMorgan Chase for over four decades, will step down as Chief Operating Officer and President in June. He plans to retire by the end of 2026. This move has sparked discussions about succession planning for current CEO Jamie Dimon. Jennifer Piepszak, the co-head of the commercial and investment bank, has been appointed as the new COO. S...
Faire, a San Francisco-based wholesale marketplace, has recently shuffled its leadership. The startup, known for connecting independent retailers with global brands, has promoted Jason Lee to the role of CFO. Lee, who joined Faire around a year and a half ago as the VP of finance, has an impressive background, having led finance teams at Square and Block. His promoti...