Daily Crunch: Reddit raises $250M

Daily Crunch: Reddit raises $250M

Reddit raises more funding, Shopify expands payments to Facebook and a study suggests that the Apple Watch might be able to predict COVID diagnoses. This is your Daily Crunch for February 9, 2021. The big story: Reddit raises $250M This latest funding announcement...
Is overseeing cloud operations the new career path to CEO?

Is overseeing cloud operations the new career path to CEO?

When Amazon announced last week that founder and CEO Jeff Bezos planned to step back from overseeing operations and shift into an executive chairman role, it also revealed that AWS CEO Andy Jassy, head of the company’s profitable cloud division, would replace him. As...