On Thursday, Shares of Facebook, Inc. (NASDAQ:FB), lost -0.47% to $82.05.
David Ebersman, who took Facebook Inc. public as its chief financial officer, now has a venture of his own, according to Bloomberg.
Ebersman’s startup is called Lyra Health, focused on using data to improve treatment of behavioral disorders counting depression, anxiety and addiction. It is backed by Ebersman and Venrock, the venture capital firm. Bloomberg Reports.
Ebersman, who worked at Genentech Inc. before joining Facebook, said he left the social networking company last year in part to get back into the health care industry. He left with Chief Executive Officer Mark Zuckerberg’s blessing, he said.
Zuckerberg “very much believed in the idea that if there’s something important to you, you have to take a shot at it, even if it’s hard,” Ebersman said in an interview. Several of Facebook’s former executives have launched startups on their own, counting Quip Inc., by former chief technology officer Bret Taylor, and Asana, the workplace productivity company by co-founder Dustin Moskovitz.
Ebersman plans to make technology for employers, insurers and hospitals that assists analyze treatment outcomes and coordinate care. Bloomberg added.
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
Shares of Mylan N.V. (NASDAQ:MYL), inclined 2.62% to $74.29, during its last trading session.
Mylan, declared that the Company will present at Goldman Sachs 36th Annual Global Healthcare Conference on Tuesday June 9, 2015. The presentation is planned to start at 4 p.m. PT / 7 p.m. ET.
Mylan N.V., through its auxiliaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. The company provides generic or branded generic pharmaceutical products in tablet, capsule, injectable, or transdermal patch forms, in addition to active pharmaceutical ingredients (APIs).
At the end of Thursday’s trade, Shares of Target Corp. (NYSE:TGT), lost -0.47% to $79.96.
Target Corp., laid off 180 workers in India on Wednesday and eliminated another 125 positions there as part of the the retailer’s larger workforce reduction that began in the U.S. in March, according to American City Business Journals.
Until Wednesday, the job cuts hadn’t touched the company’s India operations, where about 2,800 people work for Minneapolis-based Target (NYSE: TGT).
Target has laid off 20,170 people worldwide in 2015, counting 17,600 in Canada, 2,220 in the U.S. and now a total of 350 in India. American City Business Journals Reports.
Target Corporation operates as a general merchandise retailer in the United States and Canada. It offers household essentials, counting pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys; electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, in addition to intimate apparel, jewelry, accessories, and shoes.
Finally, Avis Budget Group, Inc. (NASDAQ:CAR), ended its last trade with -2.13% loss, and closed at $51.10.
Avis Budget Group, declared the appointment of Mark Servodidio to the newly-created role of managing director, Europe, reporting to Larry De Shon, president, International. Servodidio will assume responsibility for all aspects of the Company’s vehicle rental operations, counting customer service and fleet administration, across Austria, Belgium, Czech Republic, Denmark, France, Germany, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.
Servodidio brings 14 years of experience at Avis Budget Group to his new position. Most recently, he served as Managing Director for Denmark, Norway, Sweden and the UK, overseeing the recent acquisition of the Company’s Scandinavian licensees. His preceding positions comprise executive vice president, Franchisee and Corporate Services for Europe, Middle East and Africa (EMEA), and global roles counting Chief Administrative Officer and Chief Human Resources Officer.
As a result of the move, Nina Bell, who formerly served as the Company’s EMEA strategy director, has been designated managing director, Northern Region, with oversight of Denmark, Norway, Sweden and the UK.
Avis Budget Group, Inc., together with its auxiliaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental.
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