Tag Archives: board

Twitter board gets an ‘F’ for dealing with Elon Musk: former SEC chairman

Twitter board gets an ‘F’ for dealing with Elon Musk: former SEC chairman

Twitter’s board (TWTR) is doing a terrible job handling the Elon Musk situation, said former SEC chairman Harvey Pitt. “I would give Twitter’s board an F,” Pitt said on Yahoo Finance Live. “I believe under the circumstances, they needed to check out whether this was a real bid. If it were a real bid, then they needed to do what was in the best interest of their shareholders. This is a price that hadn’t been seen in quite some time. The number is at least a legitimate frame of reference and… Source link

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Jack Dorsey rips Twitter’s board, says it has ‘consistently been the dysfunction of the company’

Jack Dorsey rips Twitter’s board, says it has ‘consistently been the dysfunction of the company’

Twitter cofounder and short-time board member Jack Dorsey called out his social media platform’s board on Saturday, saying “it’s consistently been the dysfunction of the company.” “If [sic] look into the history of [the] Twitter board, it’s intriguing as I was a witness on its early beginnings, mired in plots and coups, and particularly amongst Twitter’s founding members. I wish if [sic] it could be made into a Hollywood thriller one day,” one user tweeted. “It’s consistently been the… Source link

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‘No board in America is going to take that number’

‘No board in America is going to take that number’

Elon Musk offered to buy Twitter (TWTR) for $54.20 per share in a filing made public Thursday, calling it his “best and final offer.” But the Tesla (TSLA) CEO will have to reconsider that offer if he’s serious about taking over the social media company, according to one analyst. “No one believes this is the final price. No board in America is going to take that number,” said Jefferies analyst Brent Thill. Twitter shares jumped 4% on news of the all-cash offer, before falling in the… Source link

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Cerberus Sentinel Elects Ashley Devoto to Board of Directors

Cerberus Cyber Sentinel Corporation Sandra Douglass Morgan moves to Advisory Board from Board of Directors for U.S. cybersecurity services firm SCOTTSDALE, Ariz., March 28, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Cerberus Cyber Sentinel Corporation (Nasdaq: CISO), a Managed Compliance and Cybersecurity Provider (MCCP) based in Scottsdale, Ariz., announces that Ashley Devoto has been elected to its board of directors. Devoto is the chief information security officer (CISO) for Cerberus… Source link

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Is Yandex, Russia’s Marquee Tech Company, In Trouble? One Former Board Member Says Yes.

It’s Russia’s Google, a multibillion-dollar, homegrown technology company that dominates the country’s e-commerce, offering everything from search engine results and food delivery to car sharing and an online marketplace. Yandex is a bellwether for Russia’s high-tech economy in the 21st century. Now, with Russia bombarding Ukraine and the West pounding Russia with crippling sanctions, the company’s future is in doubt. On March 7, Yandex announced the resignation of two board members,… Source link

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Yandex Announces Changes to The Board of Directors

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / March 7, 2022 / Yandex (NASDAQ:YNDX) and (MOEX:YNDX), a Netherlands-registered company and one of Europe’s largest internet businesses as well as the leading search and ride-hailing provider in Russia, today announced that Esther Dyson and Ilya Strebulaev have resigned from the Company’s Board of Directors, effective immediately. Ms. Dyson has served as an independent non-executive director since 2006 and Professor Strebulaev has… Source link

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Yandex Announces Changes to The Board of Directors

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / March 7, 2022 / Yandex (NASDAQ:YNDX) and (MOEX:YNDX), a Netherlands-registered company and one of Europe’s largest internet businesses as well as the leading search and ride-hailing provider in Russia, today announced that Esther Dyson and Ilya Strebulaev have resigned from the Company’s Board of Directors, effective immediately. Ms. Dyson has served as an independent non-executive director since 2006 and Professor… Source link

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Peter Thiel to Leave Meta Board to Pursue Trump Agenda

(Bloomberg) — Peter Thiel, the tech investor and conservative provocateur who has advised Mark Zuckerberg for nearly two decades at Facebook parent Meta Platforms Inc., will step down from the company’s board after Meta’s annual shareholder meeting in May. Most Read from Bloomberg Thiel, 54, who became a director in 2005 after an early investment in Facebook, plans to increase his political support of former President Donald Trump’s agenda during the 2022 election and doesn’t want his… Source link

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Kohl’s board must be sent packing, hints activist investor

Out with the old and entrenched board members at struggling Kohl’s, in with the new and open-minded. That’s the hot take from Yahoo Finance’s chat on Monday with activist investor Macellum Capital, which is back in the trenches slinging the mud at Kohl’s after a bizarre bit of posturing by the retailer Friday. “The board doesn’t appear to be working on shareholders’ behalf. It’s troubling to us, and we will continue to put pressure on the board by nominating another slate and give shareholders… Source link

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Mask mandates, vaccine proof is on the rise — but not everyone is on board

Masks mandates are on the rise as the Delta variant of COVID-19 continues to spread across the United States — amplifying divisions between supporters of anti-coronavirus protocols and opponents who emphasize personal freedom. On Thursday at midnight, L.A. County enacted an outdoor mask mandate for large events with over 10,000 attendees, including concerts, festivals, and sporting venues — regardless of vaccination status. This comes after the L.A. County Public Health Department… Source link

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