Top Nike Exec Resigns, Robinhood Reportedly Secures $5.6 Valuation
A top Nike executive is stepping down over misconduct allegations. Brand president Trevor Edwards will resign from his position immediately but will stay on with the company through August. It was not immediately clear what sort of misconduct Edwards had engaged in. Nike sent an internal memo to employees saying it had received reports of behavior that was not in line with the company values of inclusivity, respect, and empowerment. Edwards, who's been with the company since 1992, was seen as a potential successor to the current CEO Mark Parker.
The popular stock trading app Robinhood is reportedly now worth $5.6 billion. According to a Wall Street Journal report, the company just get a new funding round of around $350 million from Russia's DST Global. That would make Robinhood worth $5.6 billion dollars, four times the amount its previous valuation of $1.3 billion. The app was introduced just three years ago and currently has 4 million users.
A recent survey from DKC shows that Gen Alpha has strong spending power and is actually teaching their parents new ways to be consumers in today's world.
As robots become more prevalent, humans are wondering…what’s next for us? Serve Robotics is focused on creating new opportunities for humans alongside robots.
Just one round of IVF can cost an eye-watering $20,000. Home testing company Proov wants to give users a fuller picture of fertility before pricy interventions.
Kore.AI CEO, Raj Koneru, sits down with Kristen Scholer at the New York Stock Exchange to discuss his company and the future of artificial intelligence.
