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Enterprise Application NewsOct 22, 2019
Facebook won't launch cryptocurrency until U.S. regulators approve
In a prepared statement to a House oversight committee, Facebook CEO Mark Zuckerberg said plans to launch a global payments system will remain on hold until U.S. regulators approve it. The comments end speculation Libra coin could go live in nations where there is no government pushback.

The statement, published today, will be part of Zuckerberg's planned testimony before the House Committee on Financial Services on Wednesday. The committee announced in August it would continue reviewing Libra and hear testimony not only from Zuckerberg but also government officials and regulators.

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USA Today MoneyOct 22, 2019
Nike CEO to step down: Joins head of Under Armour in changing roles in 2020
Mark Parker, who's been CEO of Nike for the last 13 years, will be replaced by board member John Donahoe as of Jan. 13. Parker will have new role.       

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AdWeek NewsOct 22, 2019
Under Armour's Kevin Plank Steps Down as CEO but Isn't Leaving Entirely
Under Armour will soon be under new leadership at the very top of the athletic clothing company: Founder Kevin Plank is stepping down from his post as chief executive. Patrik Frisk, who currently serves as Under Armour's chief operating officer, will be taking his place starting in 2020. Plank won't be leaving Under Armour entirely:...

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