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elon musk could net billions by hitting tesla’s new milestones

tesla inc. on tuesday unleashed a bold pay package for chief executive elon musk that again ties his compensation entirely to key performance benchmarks. this time, the goals take the electric-car maker to cosmic heights, including an ultimate aim of hitting $650 billion in market value.the pay plan, which shareholders must still approve, is designed to keep the 46-year-old billionaire as tesla’s top leader for years to come while also allowing for the possibility he will transition eventually from the day-to-day role of...





what facebook’s feed changes mean for the news

some 45% of americans get their news from facebook, fb 1.26% according to pew research center. for publishers, facebook’s plans to shake-up its news feed may mean a dramatic change in traffic from the platform. the social media company has said its new algorithm will prioritize what it calls “meaningful social interactions”—posts, photos and videos that users share and discuss. content directly from publishers won’t perform as well unless people engage with it.“the potential impact on publishers will depend on the extent to which traffic from facebook is a significant percentage of a publisher’s traffic and, more significantly, its revenue,” says nicco mele of the shorenstein center on media, politics and public policy at harvard university.yet facebook also has said that it will surface content from “reputable publishers,” ranking news sources based on user evaluations of credibility. experience has shown, though, that users are more likely to comment on and share sensational articles than dry, fact-based news. publishers who have built their businesses on virality may do better, at least relative to their more staid peers.that also raises a risk that the changes will amplify fake news, which could draw renewed criticism for the company.in the six countries where facebook tested news feed changes last fall—slovakia, serbia, sri lanka, cambodia, bolivia, and guatemala—emp...





icahn, deason push xerox to explore sale, fire ceo

billionaires carl icahn and darwin deason urged xerox corp. xrx -0.54% to explore a sale and refresh its top ranks in a letter made public on monday.the wall street journal reported sunday evening that the two, xerox’s first- and third-biggest investors, had formed an alliance and planned to encourage the printer and copier giant to explore a potential sale and remove ceo jeff jacobson. the two investors, who together control more than 15% of xerox’s shares, already had been separately calling for changes at the norwalk, conn., company on slightly different topics. now they say they are “completely aligned” and have agreed to act in concert.a spokesman for xerox said in a statement that the board and management “are confident with the strategic direction in which the company is heading, and we will continue to take action to achieve our common goal of creating value for all xerox shareholders.” messrs. icahn and deason want xerox to explore strategic alternatives, which could include a sale or other transaction, to break its joint venture with fujifilm holdings corp. the journal reported this month that fujifilm and xerox are discussing a range of potential deals that could include a change of control of xerox, though not a full sale.they also said mr. jacobson and any other “old guard” directors un...





apple to begin selling delayed homepod speaker

apple inc. will start selling its voice-activated speaker homepod in stores feb. 9, after a launch delay that cost the company sales during the critical holiday shopping season.the tech giant, in announcing the sales date tuesday, didn’t explain why the product missed a promised december ship date. the homepod can be preordered online beginning friday.market...





snapchat cracks open its ‘walled garden’

snapchat, the social-media app distinctive for its intimacy in an era of personal broadcasting, is moving beyond its so-called walled garden.starting tuesday, parent company snap inc. said, some snapchat users will be able to take videos and other content they encounter within the app and share it outside the walls, such as through facebook, twitter, email and text messaging.snap...





twitter’s anthony noto to become sofi ceo

twitter inc. operating chief anthony noto is leaving to become head of online lender social finance inc., dealing a blow to twitter’s strategy for growth and raising questions about who will run day-to-day operations at the company.mr. noto will take over the top spot at sofi on march 1. at that time, board member tom hutton, who has been serving as interim ceo since sofi co-founder mike cagney resigned from the financial-technology startup in september, will become its nonexecutive chairman....





what facebook’s feed changes mean for the news

some 45% of americans get their news from facebook, fb 1.53% according to pew research center. for publishers, facebook’s plans to shake-up its news feed may mean a dramatic change in traffic from the platform. the social media company has said its new algorithm will prioritize what it calls “meaningful social interactions”—posts, photos and videos that users share and discuss. content directly from publishers won’t perform as well unless people engage with it.“the potential impact on publishers will depend on the extent to which traffic from facebook is a significant percentage of a publisher’s traffic and, more significantly, its revenue,” says nicco mele of the shorenstein center on media, politics and public policy at harvard university.yet facebook also has said that it will surface content from “reputable publishers,” ranking news sources based on user evaluations of credibility. experience has shown, though, that users are more likely to comment on and share sensational articles than dry, fact-based news. publishers who have built their businesses on virality may do better, at least relative to their more staid peers.that also raises a risk that the changes will amplify fake news, which could draw renewed criticism for the company.in the six countries where facebook tested news feed changes last fall—slovakia, serbia, sri lanka, cambodia, bolivia, and guatemala—emp...





icahn, deason push xerox to explore sale, fire ceo

billionaires carl icahn and darwin deason urged xerox corp. xrx -0.87% to explore a sale and refresh its top ranks in a letter made public on monday.the wall street journal reported sunday evening that the two, xerox’s first- and third-biggest investors, had formed an alliance and planned to encourage the printer and copier giant to explore a potential sale and remove ceo jeff jacobson. the two investors, who together control more than 15% of xerox’s shares, already had been separately calling for changes at the norwalk, conn., company on slightly different topics. now they say they are “completely aligned” and have agreed to act in concert.a spokesman for xerox said in a statement that the board and management “are confident with the strategic direction in which the company is heading, and we will continue to take action to achieve our common goal of creating value for all xerox shareholders.” messrs. icahn and deason want xerox to explore strategic alternatives, which could include a sale or other transaction, to break its joint venture with fujifilm holdings corp. the journal reported this month that fujifilm and xerox are discussing a range of potential deals that could include a change of control of xerox, though not a full sale.they also said mr. jacobson and any other “old guard” directors un...





apple to begin selling delayed homepod speaker

apple's next moves: homepod, ios 11 and ipad proin a 2.5-hour keynote, apple announced a slew of new hardware and software products. wsj's joanna stern recaps what you need to know about the most important announcements (originally published sept. 8, 2017) .





snapchat cracks open its ‘walled garden’

snapchat, the social-media app distinctive for its intimacy in an era of mass broadcasting, is moving beyond its so-called walled garden.starting tuesday, snapchat parent snap inc. said, some users will be able to share videos and other content they encounter within the app outside the walls, such as through facebook, twitter, email and text message.snap...





twitter’s anthony noto to become sofi ceo

anthony noto, the operating chief at twitter inc., has accepted an offer to become chief executive of online lender social finance inc.mr. noto will take over the top spot at sofi on march 1. at that time, board member tom hutton, who has been serving as interim ceo since sofi co-founder mike cagney resigned from the financial-technology startup in september, will become its nonexecutive chairman.mr....





after bitcoin futures, watch out for crypto repos

a former goldman sachs banker plans to launch a digital currency platform that will make it easier for investors to short one cryptocurrency against another, potentially bringing the nascent market one step closer to the financial mainstream. alex grebnev, who worked at goldman sachs for almost a decade in various roles in equities and derivatives structuring before joining merrill lynch, is working with an existing cryptocurrency exchange called changelly. he plans to launch a platform for digital currencies later in 2018...





the programmer at the center of a $100 billion crypto storm

the drop was swift: prices for bitcoin and dozens of other digital currencies on jan. 8 fell sharply, lopping more than $100 billion off their collective market value.the globe-rattling move can be traced to one address: an apartment in a new residential building across the street from a local union headquarters in a gentrifying section of long island city, queens.it...





tesla gives musk new long-term pay deal tied to big targets

tesla inc. said it updated the pay package for chief executive elon musk with a plan that again ties his compensation entirely to key performance benchmarks—albeit this time much larger ones, including an ultimate goal to hit $650 billion in market value.the pay plan, which shareholders must still approve, is designed to keep mr. musk as tesla’s top leader for years to come—although allows for the prospect that he might evolve away from the day-to-day role of ceo into one of executive chairman and chief product officer....





noose tightens on anonymous cryptocurrency trading in south korea

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verizon 4q earnings: what to watch

verizon communications inc. is scheduled to report fourth-quarter results before the market opens tuesday. here’s what you need to know: earnings forecast: analysts are expecting adjusted earnings of 88 cents a share, according to thomson reuters, up slightly from 86 cents a share in the year-ago period. for full-year 2017, analyst expect adjusted eps of $3.76, down from $3.87 in 2016. (the tax law will provide verizon with a one-time boost of about $4.10 to its unadjusted fourth-quarter eps.)...





the internet is filling up because indians are sending millions of ‘good morning!’ texts

google researchers in silicon valley were trying to figure out why so many smartphones were freezing up half a world away. one in three smartphone users in india run out of space on their phones daily.the answer? two words. “good morning!”the glitch, google discovered, was an overabundance of sun-dappled flowers, adorable toddlers, birds...





news corp’s murdoch urges facebook to pay publishers for content

news corp executive chairman rupert murdoch said if facebook inc. is serious about promoting “trusted content” and filtering fake news out of its news feed, it should pay publishers fees similar to those cable distributors pay to television channels.mr. murdoch’s comments on monday follow facebook’s announcement last week that it plans to rank news sources based on credibility, part of its efforts to rein in false information on its platform. ...





what facebook’s feed changes mean for the news

some 45% of americans get their news from facebook, according to pew research center. for publishers, facebook’s plans to shake-up its news feed may mean a dramatic change in traffic from the platform. the social media company has said its new algorithm will prioritize what it calls “meaningful social interactions”—posts, photos and videos that users share and discuss. content directly from publishers won’t perform as well unless people engage with it.“the potential impact on publishers will depend on the extent to which...





icahn, deason push xerox to explore sale, fire ceo

billionaires carl icahn and darwin deason urged xerox corp. to explore a sale and refresh its top ranks in a letter made public on monday.the wall street journal reported sunday evening that the two, xerox’s first- and third-biggest investors, had formed an alliance and planned to encourage the printer and copier giant to explore a potential sale and remove ceo jeff jacobson.the...