Tag Archives: lied

Resolution talks in NCAA’s case vs. Michigan hit impasse over Jim Harbaugh’s refusal to say he lied

Resolution talks in NCAA’s case vs. Michigan hit impasse over Jim Harbaugh’s refusal to say he lied

A potential negotiated resolution in the NCAA infractions case involving the Michigan football program broke down this week after the NCAA demanded head coach Jim Harbaugh state that he lied to investigators, multiple sources told Yahoo Sports. According to sources, Harbaugh has acknowledged his program committed four Level II violations, as the NCAA initially alleged. He has further apologized to the university that they occurred. However, he has refused to sign any document or publicly… Source link

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Meta’s stock plummeted because it lied about ‘value of the company’

Meta’s stock plummeted because it lied about ‘value of the company’

Meta (FB) CEO Mark Zuckerberg on Tuesday unveiled new plans for the company’s turn toward the metaverse, introducing company values like “live in the future” and telling employees they’ll be referred to as “metamates.” Shares of Meta ticked up slightly on the day but the company’s stock remains about 31% below where it stood upon the release of disappointing earnings at the outset of the month. Observers on Wall Street and in Silicon Valley have attributed the sudden collapse to sluggish user… Source link

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