Krispy Kreme offers free doughnuts during nationwide Verizon outage: ‘SOS got you down?’

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Never fear, doughnuts are here. Krispy Kreme cheekily announced it will be handing out the “sweet backup plan” to all customers during Verizon’s nationwide network outage on Wednesday afternoon. “SOS got you down? We can hear you now — and we’re serving up,” the popular doughnut company wrote on Instagram. Krispy Kreme is giving out […]


Ousted Verizon boss could still pocket most of $20M salary as company cuts 15,000 jobs: report

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The former Verizon CEO ousted last month by the company’s board could still collect most of his $20 million pay package — even as the telecom giant bleeds customers, its stock sinks and 15,000 workers face layoffs. Hans Vestberg, the Swedish executive who was pushed out in October, has an ally on the board who […]


Verizon names former PayPal boss Dan Schulman as new CEO

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Dan Schulman speaking at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020. Adam Galica | CNBC Verizon announced on Monday that the board of directors has appointed former PayPal CEO Dan Schulman as the company’s new CEO. Schulman replaces Hans Vestberg, who had led the company since 2018. Shares of the company […]


Verizon axing DEI programs as it seeks FCC approval for $9.6B Frontier deal

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Verizon Communications said Friday it is ending diversity, equity and inclusion programs after the Trump administration opened a probe and as the US telecom carrier seeks approval to purchase Frontier Communications. Federal Communications Commission chair Brendan Carr in February criticized Verizon for its promotion of DEI programs and said it could be a factor in the Frontier deal. […]


FCC chair opens probe into diversity practices at Verizon

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Federal Communications Commission chair Brendan Carr on Thursday opened a probe into diversity practices at Verizon and raised the telecommunications company’s ongoing effort to purchase Frontier Communications. Carr, a Republican designated by President Donald Trump last month, earlier this month told NBC News-parent Comcast he was opening a similar probe into the company’s promotion of diversity, equity and […]