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Emma Roth

Emma Roth

News Writer

News Writer

    More From Emma Roth

    Emma Roth
    Emma Roth
    Apple’s Pay Later program contradicts its focus on “financial health.”

    The company has gone through with launching its Pay Later program even as the BNPL industry faces scrutiny for potentially encouraging spending and helping to land young users in debt. As I wrote last year:

    Attaching something as risky as BNPL to Apple’s brand puts Pay Later at odds with the company’s goal of providing customers with technology and services they can generally feel good about. As the big quote from Apple CEO Tim Cook on Apple’s Ethics and Compliance page reads, “We do the right thing, even when it’s not easy.”

    Emma Roth
    Emma Roth
    Chinese ecommerce giant Alibaba is splitting up.

    The company has announced that it will split into six separate units for cloud, Chinese ecommerce, global ecommerce, and others — each with their own CEOs and the potential for IPOs.

    This comes after years of antitrust scrutiny from the Chinese government, and also just one day after co-founder Jack Ma returned to mainland China for the first time in a year.

    Emma Roth
    Emma Roth
    Lyft’s CEO and president are stepping down.

    Just months after Lyft laid off 13 percent of its workforce, the company’s two co-founders — CEO Logan Green and president John Zimmer — have announced that they’re leaving their posts on April 17th. The pair will remain on the company’s board, while former Amazon head of product David Risher takes over as CEO.