Cory Booker stepping down from tech company - KMSP-TV

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 This material may not be published, broadcast, rewritten or redistributed.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>>

  • Newark police officer shot

    Newark police officer shot

    Wednesday, July 30 2014 9:04 PM EDT2014-07-31 01:04:39 GMT
    A Newark police officer was shot in the leg while trying to arrest an armed robbery suspect Wednesday afternoon, officials said. The officer, a 19-year veteran of the force assigned to the 5th Precinct, suffered a gunshot wound in his lower leg, according to the head of the police union.
    A Newark police officer was shot in the leg while trying to arrest an armed robbery suspect Wednesday afternoon, officials said. The officer, a 19-year veteran of the force assigned to the 5th Precinct, suffered a gunshot wound in his lower leg, according to the head of the police union.
  • New Jersey detective acquitted in Maryland highway shooting

    NJ detective acquitted in Md. highway shooting

    Wednesday, July 30 2014 2:16 PM EDT2014-07-30 18:16:51 GMT
    A jury has found a New Jersey detective not guilty in the slaying of a driver during an alleged road-rage incident. Joseph Walker, 41, an investigator for the Hudson County, New Jersey, prosecutor's office, was found not guilty on all counts on Wednesday in Anne Arundel County Circuit Court. He had been charged with first-degree murder in the death of Joseph Harvey, 36, of Landsdowne.
    A jury has found a New Jersey detective not guilty in the slaying of a driver during an alleged road-rage incident. Joseph Walker, 41, an investigator for the Hudson County, New Jersey, prosecutor's office, was found not guilty on all counts on Wednesday in Anne Arundel County Circuit Court. He had been charged with first-degree murder in the death of Joseph Harvey, 36, of Landsdowne.
  • Amazon ships first order from New Jersey

    Amazon ships first order from New Jersey

    Wednesday, July 30 2014 1:31 PM EDT2014-07-30 17:31:08 GMT
    The world's biggest online retailer has shipped its first order from its new distribution center in New Jersey. The Interplak All-In-One Sonic Water Jet was sent from Robbinsville to an Amazon customer in New York. Amazon says it expects to employ more than 1,000 full-time employees at the 1 million-square-foot center just outside of Trenton.
    The world's biggest online retailer has shipped its first order from its new distribution center in New Jersey. The Interplak All-In-One Sonic Water Jet was sent from Robbinsville to an Amazon customer in New York. Amazon says it expects to employ more than 1,000 full-time employees at the 1 million-square-foot center just outside of Trenton.

Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

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