Twitter COO Anthony Noto is leaving the social media company in March for SoFi, a personal finance start-up. Effective March 1st, Noto will become CEO of SoFi, and Twitter's COO role will be filled by “other members of Twitter’s leadership team,” according to the company. Twitter shares tumbled following the announcement.
Netflix reports huge subscriber growth, adding more than 8 million customers worldwide in Q4. The earnings report painted a picture of a very successful 2017, with plans to invest much more next year. The streaming company credits its growth to an increase in original content.
Actors Debra Messing, John Cho, and director Aneesh Chaganty join us from the Sundance Film Festival to talk about their new movie "Search." The film tells the story of a father looking for his lost daughter through various means of technology. Most of the movie takes place on a laptop screen. Debra Messing and John Cho say they were excited for this film because of its unique storytelling. Chaganty says the movie took a year and a half to edit, whereas a typical movie only takes about four months.
And Kim Lopdrup, CEO of Red Lobster Seafood Co., talks about the big changes you can expect at its restaurants across the country. The company is introducing a new menu, a new look at its restaurants, and sustainability efforts across the board.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
