TechCrunch Technology News

Genalyte hires Facebook and Google exec Kevin Lo as company president

Khosla-backed one drop blood test startup Genalyte has hired former Facebook exec Kevin Lo as president of the company. Lo comes to Genalyte after leading “connectivity efforts” at Facebook “for the four billion people not online, and the 1.5B under-served who use the Internet at ‘2G’ speeds,” according to his LinkedIn profile. Before that, Lo worked […]

Gizmodo

Facebook Responds After Former Exec Suggests It’s Destroying Our Minds and Society

Photo: Getty Yesterday, Gizmodo and other outlets signal-boosted recent statements from former Facebook executive Chamath Palihapitiya saying that social media sites are “ripping apart the social fabric of how society works.” Many of his incriminating assessments echoed analysis made a few days earlier by former Facebook president Sean Parker. Today, Facebook responded directly to what […]

Apple TechCrunch Technology News

Facebook will no longer always divert international advertising revenue to Ireland

Facebook today said it is shifting to a “local selling structure” in countries outside of the U.S., in which its advertising revenue in that country will be recorded by their local company in the country. That means that rather than directly route its revenue to its international headquarters in Dublin, local policymakers and governments will […]