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☆ Domo CEO Josh James stepped down in 2022 after being accused of sexual assault, according to police reports and employees. No charges were filed.
▼ + stars: | 2024-03-19 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +8 min

Domo CEO Josh James stepped down in 2022 after he was accused of sexual assault, according to police reports and employees. One current Domo employee and three former employees said the company's board was made aware of the allegations against James prior to his sudden departure. In March 2023, a year after stepping down, James returned to Domo as CEO. Timeline of Josh James' departure from Domo and subsequent returnNovember 20, 2021 : According to claims in police reports, Josh James sexually assaults an employee during a business trip to Columbia, South Carolina. February 2022 : Domo fires the employee, according to her account to police officers.

Persons: Josh James, James, haven't, John Mellor, Catherine Wong, Daniel Stevenson, Mellor, Bruce Felt, Ian Tickle, Laurence, Jay, Brown, Dana Evan, Joy Driscoll Durling, James didn't, Domo, Brown Jr, James “, “, ” James, what's, ” Organizations: Business, Securities and Exchange, Domo, Columbia —, American Fork City Police, Columbia Police Department, Columbia Police, BI, Columbia Locations: Columbia , South Carolina, Utah, Columbia, South Carolina

☆ How old fishing nets could be part of the climate crisis solution
▼ + stars: | 2023-12-05 | by ( Paul Glader | ) edition.cnn.com time to read: +10 min

De Bouter’s company, Brikole, is a startup “circular business” that recycles discarded nets from the industrial tuna fishing industry. Kyle de Bouter holds board shorts made of recycled Nylon fishing nets similar to the kind he is recycling. Since the area is prime for fishing, especially tuna fishing, many in Seychelles believe those industries are a good place to start. He championed activity by “inventive young entrepreneurs” to improve society, mentioning recycled fishing nets as one example. “This is solving the problem of exhausted fishing nets,” said Julio Morón, a managing director of the Spanish tuna fishing organization called OPAGAC.

Persons: Seychelles CNN — Kyle de Bouter, ”, De, Kyle de Bouter, Paul Glader, CNN “, de Bouter, Joshua Tiatouse, CNN De Bouter, Ellen MacArthur, Eduardo Soteras, James Alix Michel’s, Michel, De Bouter, Julio Morón, Brikole, Bouter, de, Manuel Sigren, Bureo, Joshua Tiatousse, Tiatousse, “ Organizations: Seychelles CNN, United Nations, CNN, Bank, “ Department of Blue, Ellen MacArthur Foundation, Washington Post, Economy Research, University of Seychelles, snags, Electricity, Bureo, DuPont, BASF, DOMO Chemicals, Grandview Research Locations: Victoria, Seychelles, Patagonia, Spain, France, South Korea, Kosovo, Ghana, Philippines, Mahé, “, Dubai, China, California, Africa, Asia, Grandview

☆ Morning Bid: November bids adieu with inflation data, OPEC
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. With signs of turn emerging in Federal Reserve policy guidance and October PCE inflation readings set to encourage that later in the day, rate cut fever was in full flow across the Atlantic too. Headline annual inflation in the bloc fell as low as 2.4% - within arm's length of the ECB's 2% target. Later on Thursday, U.S. PCE inflation for the prior month is pencilled to fall 3.0% from 3.4% - with a core also ebbing to 3.5%. "Monetary policy is in a good place," Cleveland Fed President Loretta Mester said on Wednesday, echoing comments from previously hawkish Fed governor Christopher Waller the previous day.

Persons: Brendan McDermid, Mike Dolan, policymaker Fabio Panetta, Loretta Mester, Christopher Waller, John Williams, Christine Lagarde, Megan Greene, Kroger, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, Treasury, Federal, European Central Bank, Bank of Italy, policymaker, U.S ., ECB, Cleveland Fed, Wall, OPEC, Dallas Fed, PMI, York Federal, Bank of England, Academy Sports, Rock Biotech, Titan, Reuters, Thomson Locations: New York City, U.S, China, Canada, Vienna, Automotive, Duluth, BOS, Jan

☆ Women Who Work in Utah's Silicon Slopes Share Its Dark Side
▼ + stars: | 2023-10-26 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +17 min

During an interview for an engineering job at a Utah tech company, Trina Limpert was told she was a "risky hire." Insider spoke to 22 women who previously or currently work at Utah tech companies told Insider. Silicon Slopes, named for Utah's world-class ski slopes, is headquarters for tech companies like Ancestry, Domo, Entrata, Pluralsight, Qualtrics, and hosts outposts for others like Adobe and a Meta data-center. Many women — both Mormon and not — described their Utah tech companies as a Mormon boys' clubs. Ancestry, one of Utah's most established tech companies, hired former Facebook executive Deborah Liu as CEO in 2021.

Persons: Trina Limpert, Limpert, she's, she'd, Claudia Geist, It's, of Jesus Christ, Robyn Cohen, Michelle Kuo, Kuo, They're, —, Robbyn Scribner, Mike Pence, they're, Scribner, Susan Madsen, there's, harasser, I've, John Richards, Richards, " Richards, Emily Perkins, that's, Deborah Liu, Liu, Heather Friedland, Ashlee Davis, who've, we're, " Madsen Organizations: Computing Technology Industry Association, Tech, University of Utah, Google, Microsoft, Meta, Adobe, Brigham Young University, of Jesus, US Chamber of Commerce, American Community Survey, Salt Lake City Tribune, Utah State University, Ignition Ventures, NASDAQ Locations: Utah, Silicon Slopes, Silicon Valley, California, Washington, New York , Utah, Utah's, New York, JumpSearch, Silicon, Southern California, Salt Lake, There's, Seattle, Glassdoor, @rosaliechan

☆ Cloud stocks falter as Datadog trims 2023 revenue expectations
▼ + stars: | 2023-08-08 | by ( Jordan Novet | ) www.cnbc.com time to read: +5 min

Cloud stocks slipped on Tuesday, after one of the more prominent ones, Datadog , lowered its full-year revenue guidance as organizations remain engaged in cost-saving exercises. Then inflation hit, central bankers raised interest rates, and investors began selling holdings in fast-growing cloud stocks and rotating into safer investments that could more consistently offer returns. Executives at many cloud companies responded by reducing overhead, sometimes in the form of layoffs. Cloud stocks began to rebound, but many, including Datadog, have yet to trade above their record highs from 2021. Like Datadog, Everbridge , whose software helps companies respond to emergencies, lowered its growth expectations for the full year on Tuesday.

Persons: Datadog, Refinitiv, Olivier Pomel, Pomel, Bernstein, Peter Weed, Covid, RingCentral, Hewlett Packard, Tarek Robbiati, Vlad Shmunis, Sonalee Parekh, Patrick Brickley Organizations: Computing Fund, Bernstein Research, Nasdaq Locations: U.S, Smartsheet, Snowflake

☆ Dr. Sanjay Gupta: Parenting in the era of ubiquitous screens and social media
▼ + stars: | 2023-05-20 | by ( Dr. Sanjay Gupta | ) edition.cnn.com time to read: +17 min

Other moves include laws that aim to tighten regulations on social media platforms in general, like those recently enacted by Arkansas and Utah. They are more likely to lie on their beds and scroll through endless social media feeds. Nowadays, she tells me, many teenagers feel an obligation to be on social media, or they will feel left behind. Lembke, who had her own struggles with problematic media use, told me, “Ten years from now, social media will not be what it is today. How to talk about screentimeNot sure how to start a conversation with your kids about internet and social media use?

☆ The 21-page pitch deck music startup Magroove used to raise $1.6 million to make distribution more affordable for independent artists globally
▼ + stars: | 2023-05-15 | by ( Nhari Djan | ) www.businessinsider.com time to read: +2 min

Music startup Magroove built a global distribution and discovery platform. The Brazil-based startup, led by founders Vítor Cunha and Fabrício Schiavo, raised $1.6 million in seed funding. Music startup Magroove wants to give independent artists around the world better access to major streaming services. Cunha said Magroove's global audience, along with the scalability of its products, and its focus on independent music and creators, impressed the firm. They're looking to help independent artists who haven't accessed the mainstream music platforms or monetized their brands online.

☆ Read the 21-page pitch deck a music startup used to raise $1.6 million to make distribution affordable for independent artists
▼ + stars: | 2023-05-12 | by ( Nhari Djan | ) www.businessinsider.com time to read: +2 min

☆ This week's jobs report will help determine if this nascent March rally has legs
▼ + stars: | 2023-03-05 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Where the market heads next will once again depend on inflation data — especially this week's highly anticipated jobs report. No portfolio companies report earnings next week. However, with mortgage rates bouncing back in recent weeks, it remains to be seen if the strong monthly report will see any follow up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Automatic Litter Boxes: Do They Freak Cats Out? An Unscientific Test.
▼ + stars: | 2023-02-23 | by ( Rachel Wolfe | ) www.wsj.com time to read: 1 min

DOMO ARIGATO After your cat has done its business inside the Litter-Robot 4, the chamber spins in a way that sends clumped litter into a sealed underside drawer. Our tester only had to clean it out about once a week. CAT OWNERS love to crow over Shadow’s self-sufficiency and can’t wait to tell you how Tuna came pre-trained to use the litter box. A new breed of robotic litter boxes promises to change that, saving owners from hours of sifting, sorting and Febreze-spraying. The machines often include apps that track your cat’s litter box habits, and some even automatically flush waste out of sight (and smell) a few minutes after a cat hops out.

☆ Best Buy, Lyft, and Adobe are hiring more execs from marginalized backgrounds thanks in part to this woman
▼ + stars: | 2022-10-11 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +7 min

To date, nearly 600 companies including Ralph Lauren, Lyft, Best Buy, Adobe, Oracle, and Cisco have signed on. Josh James, the CEO of cloud-software company Domo, is a cofounder of Parity.org and a signatory of Parity.org's gender pledge in 2017 and its race pledge in 2020. Signing the Parity.org gender and race pledges does not hold CEOs accountable to a specific goal or target date. "Imposing a one-size-fits-all deadline or quota would just lead to failure on the part of many companies," Stickney said. Now, the nonprofit is expanding to conduct pay-equity analyses based on race, gender, and age.

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