Firm Management

Twitter Founder Jack Dorsey Leaves BlueSky Board a Few Months After Deleting His Own Account on the Social Network

Twitter founder Jack Dorsey has left the board of Bluesky, the decentralized social media platform he co-founded.


UPDATE: Boeing Locks Out Firefighters Amid Labor Dispute, Negotiation with Machinists

Boeing locked out 125 unionized firefighters and emergency responders in Washington state this weekend in a dispute over a new four-year contract...

Paramount Reportedly Greenlights Buyout Discussions with Sony, Apollo As Skydance Deal Fades

Paramount's board committee on Saturday met and approved talks with Sony and Apollo, who submitted a nonbinding letter of interest...

Comcast Blacks Out Bally Sports Regional Networks After Disagreement in New Contract With Distributor

Bally Sports channels were discontinued by Comcast as a result of failed talks for a new, long-term agreement...


Latest News

FedEx Said Amazon Needs Tens of Billions of Dollars and Years to Compete
FedEx said in a statement that “a new entity competing” with the company will have to spend tens of billions of dollars to replicate its current extensive network. The statement, referring to Amazon’s
Apple to Enhance Encryption Security for iCloud, Making Key for Data Inaccessible Even for Itself
Sources believe that Apple is trying to enhance its security for iCloud amid the legal dispute with the FBI. However, the tech giant will have its challenges to ensure security while retaining users c
Crytek Applies a “Pay What You Want” Business Model to its New VR-Enabled Game Developing CryEngine V
Crytek’s new VR-enabled game development engine, the CryEngine V, will be available for a price that “feels comfortable” in the company’s new “Pay What You Want” business model. Users can buy resource
Instagram Will Start Reordering Feeds Based on Likelihood Algorithms Instead of Posting Time
Instagram announced its decision to apply algorithms to reorder feeds, showing posts based on likelihood instead of time. Instagram is the latest among other social media giants to embrace such change
WPP To Announce £60 million Pay Package For Its CEO, Ignoring Investors’ Previous Massive Protest
Share prices of WPP have been witnessed to rise by 98% between 2011 and 2015. Acknowledging WPP CEO Sir Martin Sorrell’s efforts, the world’s largest ad firm is going to announce £60 million Pay Packa
Lyft Teams Up With GM to Launch Car Rental Program as It Aims to Get More Drivers
App-based ride-hailing service Lyft announced its new initiative with GM, a car rental program called Express Drive. Aiming to grow its base of drivers, the new program will allow drivers to apply wit
Fastjet Bows To Founder’s Call Removing CEO And General Counsel With Immediate Effect
Fastjet founder Stelios Haji-Ioannou has called for removing its CEO and suggested for other restructuring. Though the African budget carrier has decided for keeping the CEO as an advisor for another
Liverpool FC CEO Ian Ayre to Step Down May 2017, Despite Owners' Persuasion to Stay
Liverpool FC's Ian Ayre is to step down as CEO after his current contract ends next year. The club’s owner has been trying to convince him to stay, but without success.
GE Acknowledges CEO’s Achievements Last Year, But His Total Compensation Reduces 11.5%
GE acknowledges 2015 as one of the most successful business years in its history while recognizing CEO’s leadership contribution. Jeffrey Immelt, chairman and CEO of GE, has received $33 million compe
Silicon Valley's VC Firm Partner Dismissed Over Disturbing Lawsuit of Sexual Abuse
A lawsuit filed on March 8 claimed that Sequoia Capital’s partner Michael Goguen has sexually, physically, and emotionally abused a woman for 12 years. Mr Goguen has been dismissed from the firm regar
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