Cory Booker stepping down from tech company - FOX 10 News | myfoxphoenix.com

Cory Booker stepping down from tech company

NEWARK, N.J. (AP) - Cory Booker, the mayor of Newark, N.J., and Democratic Senate candidate, says he is stepping down from the board of a tech company he helped found and is donating his shares to charity.

Booker announced Friday he's leaving the board of Waywire, a Silicon Valley startup he and others helped create. The company helps people curate videos they find on the Internet.

Booker's stake in the company is worth between $1 million and $5 million, according to financial disclosure statements filed in July.

Booker has come under fire for his large stake in the company, which was funded by influential investors including Eric Schmidt of Google.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Port Authority could rescind $1 NJ Transit lease

    Port Authority could rescind $1 NJ Transit lease

    Wednesday, April 23 2014 2:57 PM EDT2014-04-23 18:57:07 GMT
    NJ TransitNJ Transit
    The Port Authority of New York and New Jersey is holding its monthly board meeting, two days after it heard from a panel on what it needs to do to improve its accountability and efficiency and restore public trust.
    The Port Authority of New York and New Jersey could rescind a $1-a-year lease for a park-and-ride lot near the Lincoln Tunnel. The agency's chief of real estate and development told a committee Wednesday that it should change a deal made in 2012. Published reports have alleged that former Port Authority chairman David Samson voted to approve the lease even though his law firm did business with New Jersey Transit, which operates the park-and-ride lot.
  • Manchester police officers successfully help deliver baby with wrapped cord

    Manchester police officers successfully help deliver baby with wrapped cord

    Wednesday, April 23 2014 2:13 PM EDT2014-04-23 18:13:53 GMT
    As he tried to assist in the delivery of a newborn, Manchester Officer Joseph Fastige noticed the umbilical cord was wrapped around the child’s neck. He was able to get his fingers around the cord and safely unwrapped it. That quick-thinking - and perhaps life-saving - move was one of several Manchester officers made when they delivered a newborn child last week.
    As he tried to assist in the delivery of a newborn, Manchester Officer Joseph Fastige noticed the umbilical cord was wrapped around the child’s neck. He was able to get his fingers around the cord and safely unwrapped it. That quick-thinking - and perhaps life-saving - move was one of several Manchester officers made when they delivered a newborn child last week.
  • Top 20 schools in New Jersey

    Top 20 schools in New Jersey

    Wednesday, April 23 2014 2:11 PM EDT2014-04-23 18:11:21 GMT
    Patch has listed the top 20 schools listed on U.S. News and World Report's rankings of the top high schools in the nation. The rankings include data on more than 19,400 public high schools in 50 states and the District of Columbia. US. News and World Report has released its rankings of the top high schools in the nation.
    ?Patch has listed the top 20 schools listed on U.S. News and World Report's rankings of the top high schools in the nation. The rankings include data on more than 19,400 public high schools in 50 states and the District of Columbia. US. News and World Report has released its rankings of the top high schools in the nation.
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices