Cory Booker stepping down from tech company - FOX 26 News | MyFoxHouston

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 This material may not be published, broadcast, rewritten or redistributed.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

  • Man to face murder charges in mother's slaying

    Man to face murder charges in mother's slaying

    Monday, September 1 2014 3:08 PM EDT2014-09-01 19:08:57 GMT
    Murder charges are pending against a northern New Jersey man who allegedly stabbed and beat his mother to death.
    Murder charges are pending against a northern New Jersey man who allegedly stabbed and beat his mother to death.
  • Why is Atlantic City collapsing?

    Why is Atlantic City collapsing?

    Sunday, August 31 2014 8:38 PM EDT2014-09-01 00:38:30 GMT
    AP file photoAP file photo
    For decades, making some quick cash was the main drive behind so many who took the ride down the parkway to Atlantic City. But with so much to choose from nowadays, it looks like Atlantic City is in a lot of trouble.
    For decades, making some quick cash was the main drive behind so many who took the ride down the parkway to Atlantic City. But with so much to choose from nowadays, it looks like Atlantic City is in a lot of trouble.
  • 6 rescued from sinking boat off NJ

    6 rescued from sinking boat off NJ

    Sunday, August 31 2014 5:53 PM EDT2014-08-31 21:53:06 GMT
    Six people were saved as their boat was sinking in waters near the New Jersey coast. 
    Six people were saved as their boat was sinking in waters near the New Jersey coast. 
Powered by WorldNow

KRIV FOX 26
4261 Southwest Freeway
Houston, TX 77027

Phone: (713) 479-2801
Fax: (713) 479-2859

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