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Nike sales surge 31% in days after Colin Kaepernick ad unveiled, analyst says

The Nike ad starring Colin Kaepernick does not appear to have adversely affected sales, an analyst said on Saturday. The sportswear giant released the first version of its ad on Monday, the Labor Day holiday. Kaepernick, 30, has been without a team since opting out of his San Francisco 49ers contract in March 2017. …read more […]

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Nike's controversial bet on Kaepernick has millennial investors piling into the stock (NKE)

Nike has grown in popularity among millennial investors after releasing its controversial Colin Kaepernick ad. A total of 15,191 investors added Nike to their portfolios on Robinhood this week, up 45% from last week. President Donald Trump tweeted Wednesday criticizing Nike’s polarizing ad. …read more […]

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Sheryl Sandberg is Silicon Valley's golden girl, but her reputation is reportedly at risk if she doesn't fix Facebook (FB)

Facebook COO Sheryl Sandberg’s reputation as Silicon Valley’s golden girl is at risk, thanks to the company’s slow response to the Russian interference and Cambridge Analytical scandals.Citing numerous sources, The Wall Street Journal says her standing within the firm has been damaged because the company was under-prepared for the issues.Sandberg has publicly admitted this week that the firm was “too slow” to act on Russian misinformation. … …read more […]

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Alibaba’s Jack Ma to unveil succession plan next week, remain chairman

Alibaba Group Holding Ltd’s billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being. Ma will announce the plan on his 54th birthday and the handover strategy will stretch over a significant period of time, the South China Morning Post (SCMP) newspaper reported citing a company spokesman. Alibaba declined to comment but pointed towards the SCMP story when asked about Ma’s plans. …read more […]

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Alibaba’s Jack Ma to unveil succession plan next week, remain chairman

Alibaba Group Holding Ltd’s (BABA.N) billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being. Ma will announce the plan on his 54th birthday and the handover strategy will stretch over a significant period of time, the South China Morning Post (SCMP) newspaper reported citing a company spokesman. Alibaba declined to comment but pointed toward the SCMP story when asked about Ma’s plans. …read more […]

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Alibaba’s Jack Ma to unveil succession plan next week, remain chairman

Alibaba Group Holding Ltd’s billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being. Ma will announce the plan on his 54th birthday and the handover strategy will stretch over a significant period of time, the South China Morning Post (SCMP) newspaper reported citing a company spokesman. Alibaba declined to comment but pointed towards the SCMP story when asked about Ma’s plans. …read more […]