DIRS.INFO The most relevant business & tech news

☆ Jeffrey Katzenberg on WndrCo's $460M funding, opportunities in cybersecurity and state of media
▼ + stars: | 2024-06-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJeffrey Katzenberg on WndrCo's $460M funding, opportunities in cybersecurity and state of mediaJeffrey Katzenberg, WndrCo founding partner and DreamWorks co-founder, and Sujay Jaswa, WndrCo founding partner and former Dropbox CFO, join 'Squawk Box' to discuss the $460 million raised for his investment firm WndrCo, opportunities in cybersecurity, Katzenberg's thoughts on the media landscape, Skydance-Paramount merger, and more.

Persons: Jeffrey Katzenberg, Sujay Organizations: DreamWorks, Paramount Locations: cybersecurity

☆ How gas station economics will change in the electric vehicle charging future
▼ + stars: | 2023-08-19 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +8 min

Here's what gas station owners need to know about the EV charging trend and their future. By contrast, gas stations along major highways between highly traveled destinations can be ideal for electric charging hubs. While there can be a first-mover advantage for gas stations, some owners, like Blake Smith, founder of SQRL Holdings, a gas station and convenience store operator, are taking it slow. His company operates more than 150 convenience store gas station locations and offers electric charging in select locations in Florida. "I would never recoup my investment," he said, adding that a move to all electric charging could be decades away.

Persons: Seth Cutler, Neha Palmer, Shubhendra Anand, Biden, Barbara Stoyko, Sujay Sharma, Sharma, Yair Nechmad, Michael Hughes, Rohan Puri, Hughes, Albert Gore, Gore, Blake Smith Organizations: EV Connect, Gas, EV, TeraWatt, Automotive, Shell, Research, Shell Americas, BP, GM, Ford, National Automobile Dealers Association, ChargePoint Holdings, Stable Auto Corporation, U.S . Department of, Administration, U.S . Department of Energy, Royal, Emission Transportation Association, EVs, SQRL Holdings Locations: California , Arizona, New Mexico, Takoma Park, Md, Fulham, England, China, Netherlands, U.S, Local, Wawa, Florida, Arkansas

☆ Exclusive: Latam unicorn Merama cuts nearly 10% of staff amid 'strategy' refocus
▼ + stars: | 2023-06-29 | by ( Isabel Woodford | Thomson Reuters | Isabel Is A British-Spanish Journalist Based In Mexico City. She Joined Reuters In As Part Of The Latin America News Hub | ) www.reuters.com time to read: +1 min

The company, which has raised $345 million in funding from the likes of SoftBank Group (9984.T) and was last valued at $1.2 billion, has headquarters in Mexico and Brazil. CEO Sujay Tyle said the total number laid off was around 8-9%, with the company's headcount remaining over 400 employees. He added that those affected were concentrated in projects that were no longer a priority, with plans to refocus on brands generating over $15 million in revenue. "It was a difficult day," Tyle said of the layoffs, adding there were no plans for another series of job cuts. Tyle added that the company had a "quite healthy runway" and was now cash flow positive.

Persons: Sujay Tyle, Tyle, Isabel Woodford, Diane Craft Organizations: MEXICO CITY, Reuters, SoftBank, Thomson Locations: MEXICO, Mexico, Brazil, Brazilian, Colombian

This valuation comes after a rich global history showcasing wars fought over salt, trade routes built for commodities, taxes levied against the mineral and even cities named in sodium's legacy. "You could not have an international economy if you didn't have salt," Mark Kurlansky, author of "Salt: A World History," told CNBC. "We're seeing that the majority is deicing salt," Seth Goldstein, equities analyst with Morningstar, told CNBC. However, if too much salt permeates our environment, the effects can be dangerous, according to the Environmental Protection Agency. Runoff from deicing salts that keep our roads safe in wintry weather is the most obvious way that salt enters the environment.

☆ Jeffrey Katzenberg's WndrCo is betting big on cybersecurity tech and consumer VPNs as 'concerns around privacy have exploded'
▼ + stars: | 2022-10-18 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +4 min

Jeffrey Katzenberg and his WndrCo partner Sujay Jaswa are betting big on VPNs and other cybersecurity tech. WndrCo has $1.7 billion in net asset value and is looking for companies that can change the world. The company has acquired or invested in VPNs including Super Unlimited, a top app on Apple's App Store. Like everyone else in the global workforce, Jeffrey Katzenberg and Sujay Jaswa, his investing partner at venture firm WndrCo, use Zoom to connect. WndrCo made several other VPN acquisitions, ultimately merging them into a single cybersecurity venture called Aura, in which WndrCo is a significant stakeholder.

☆ Jeffrey Katzenberg is done with media after 'riding that Quibi rocket ship into the ground.' Here's why he's betting on cybersecurity and VPNs.
▼ + stars: | 2022-10-12 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +13 min

Katzenberg, a co-founder of DreamWorks and former chairman of Walt Disney Studios, founded another high-profile media venture, Quibi, in 2018. Jeffrey Katzenberg: Our areas of focus when we started were software as a service, best-in-class digital technology, and consumer technology. And then we recognized that digital media wasn't actually going to be successful for us, or frankly for anybody else. What's your outlook at the moment for traditional media companies, big tech, and streaming? What's the right sequencing, what's the right windowing, where's the greatest value creation coming for all parties involved — that's the testing that's going on.

Search resuls for: "Sujay"

6 mentions found