What Anthony Noto Out at Twitter Means for Company
Anthony Noto is leaving his post as COO of Twitter to become the CEO of financial technology company, SoFi. BTIG's Managing Director and Analyst Rich Greenfield, and Cheddar Senior Reporter Alex Heath discuss what this means for the future of Twitter.
"What people are missing with the stock drop today is that Noto has really set the company up for the next couple of years," says Greenfield. "He's done a lot of legwork over the last 18 months that really positions Twitter."
Twitter co-founder and CEO Jack Dorsey tweeted on Tuesday, "I'm really sad to see @anthonynoto leave us, but I'm happy for him and really proud of everything he's accomplished at Twitter."
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
Andy Baehr, Head of Product at CoinDesk Indices, breaks down crypto’s Black Friday crash, Bitcoin dipping under $100K, and what’s driving the market rout.
Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead as Father Time catches up