Verizon CTO Hans Vestberg. Photo: Mandel Ngan/AFP via Getty Images
Verizon's chief technology officer, Hans Vestberg, has been named CEO, the company announced Friday. Vestberg joined the company last year after serving as CEO of network gear maker Ericsson.
What's next: Vestberg will take over on August 1, succeeding Lowell McAdam, who has been in the role since August 1, 2011. McAdam will remain executive chairman until the end of the year and then become non-executive chairman.
Photo illustration: Aïda Amer/Axios. Getty Images photo: Saul Loeb/AFP
The world may be living through the last gasps of America First — or just getting a taste of what's to come.
Why it matters: President Trump's message at this week's virtual UN General Assembly was short and relatively simple: global institutions like the World Health Organization are weak and beholden to China; international agreements like the Iran deal or Paris climate accord are "one-sided"; and the U.S. has accomplished more by going its own way.
Photo: Chip Somodevilla/Getty Images
New York on Friday reported more than 1,000 new coronavirus cases for the first since June.
Why it matters: The New York City metropolitan area was seen as the epicenter of the COVID-19 pandemic throughout the spring. But strict social distancing and mask mandates helped quell the virus' spread, allowing the state to gradually reopen.
Illustration: Sarah Grillo/Axios