Uber ousts security chief who paid $100,000 in hush money to hackers and hid breach of 57 million user accounts for more than a year. “None of this should have happened, and I will not make excuses for it,” CEO Dara Khosrowshahi said in a blog post.
Disney Pixar co-founder John Lasseter takes leave following harassment claims, as CBS fires and PBS drops Charlie Rose.
Eurotunnel operator adopts a new name: Getlink.
Hewlett Packard Enterprise CEO Meg Whitman is stepping down after six years. Antonio Neri, a company veteran who currently serves as president, will become CEO on Feb. 1.
McDonald’s is tearing down its No. 1 Store Museum.
Michael Kors hires Valentino exec as chief brand officer.
Neiman Marcus, getting digital, rebounds after two-year slump.
Nissan luxury brand Infiniti claims VC-Turbo engine tech breakthrough that provides more power and better fuel efficiency.
Tencent‘s market cap valuation overtakes Facebook, making its owner richer than Google‘s co-founders. China’s Sina, Alibaba and Baidu are also “trouncing” their U.S. competitors, while WeChat Pay makes UK debut in London’s Camden Market.
Trumpchi, a Chinese automaker, ponders less political name.
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