Scandal fallout: CEO Parker Conrad resigns at Zenefits

Parker Conrad is the CEO of Zenefits

Parker Conrad, CEO and co-founder of once high-flying Zenefits, has resigned amid a scandal involving allegations that employees sold insurance without holding proper licenses to do so. Read more »

Loot - Communications cash

With massive funding round in hand, ThinkingPhones CEO eyes IPO

by David Harris Derek Steve

BOSTON—ThinkingPhones, a Cambridge-based communications technology company, has landed $112 million in new funding that will be used for expansion as it looks to potentially go public next year.

The company also announced that it would be changing its name to Fuze, a nod to its acquisition of the San Francisco video conferencing company of the same name last year. It's also a chance for the  ...

2 minutes ago
Startups - Alternative lending

This Louisville startup wants to hit payday lenders where they live

by David Serchuk Chris Blakely

LOUISVILLE—Chris Blakely is a man on a mission. He's dedicating his life and career to help people find an alternative to high-interest loans.

Blakely is the founder and CEO of Credit Fair-E, a Louisville startup dedicated to providing small, comparatively affordable loans to what he calls the "large and growing population that has been left behind by traditional financial  ...

47 minutes ago
Loot - Bubble watch

True Ventures co-founder offers this advice to startups on surviving tighter times

by Cromwell Schubarth Phil Black True Ventures

SILICON VALLEY—True Ventures co-founder Phil Black has seen some wild swings in the world of startup investing, observing the qualities that the survivors had versus those that don't make it.

He shared some of that with me in a recent conversation, the highlights of which form the following Q&A, edited for length and clarity.

Black's stops along the way to founding Palo Alto-based True  ...

1 hour ago
Innovation - Ballmer bluster

Ballmer: Microsoft needs mobile devices to beat Amazon in the cloud

by Ashley Stewart Microsoft shareholders 06 Steve Ballmer

PUGET SOUND—If Microsoft wants to beat Amazon Web Services in the cloud, former CEO Steve Ballmer said the Redmond company needs to “chart a direction” on mobile devices.

Sticking to the emphasis on devices and services that marked his tenure, Ballmer told Business Insider in a wide-ranging interview that new CEO Satya Nadella’s “mobile-first, cloud-first” vision for the company needs  ...

2 hours ago
Media - Yahoo machinations

Verizon asks AOL chief Armstrong to explore buying Yahoo

by Cromwell Schubarth Tim Armstrong

SILICON VALLEY—AOL CEO Tim Armstrong has reportedly been asked to explore with Yahoo the possibility of Verizon buying the Sunnyvale company.

Bloomberg cited an unnamed person"with knowledge of the situation" Monday in a report that said that Armstrong is contacting Yahoo "informally." The report comes after Verizon CEO Lowell McAdam said during an appearance on CNBC Jim Cramer's "Mad Money"  ...

3 hours ago

Inside the mind of the highly successful millennial (Infographic)

by Upstart Business Journal editors

Last month, plenty of business news outlets were asking why more millennials weren't starting their own businesses. At a time when the media glorifies the under-30 millionaire or billionaire, why is that only 8 percent of millennials own a business while 16 percent said they're planning to start one?

One answer is practical: the entrepreneurial spirit among millennials is being stifled by high  ...

3 hours ago
Hot Shots - Executive Profile

She wears her passion on her sleeve

by Chase Cabot Tang Uyen 12092015 01 cx

WASHINGTON—Uyen Tang (pronounced “Win”) traveled the world as a Foreign Service officer for years. She saw the streets of Abu Dhabi and climbed Mount Kilimanjaro. Eventually, the strategy consultant decided to come home and use her international bazaar bargain shopping skills to found StyleCable, an online fashion and accessory store that sells wares from independent designers.

Biggest  ...

20 hours ago
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