Tag Archives: owner

Major investor calls on Google owner to ‘aggressively’ cut staff and pay | Alphabet

Major investor calls on Google owner to ‘aggressively’ cut staff and pay | Alphabet

The hedge fund of the billionaire Sir Christopher Hohn has written to Alphabet saying staff at the Google and YouTube parent are paid too much and its workforce should be drastically cut back. London-based TCI, which has been a significant investor in the company since 2017 and holds a stake valued at $6bn (£5.1bn), has written to its chief executive, Sundar Pichai, urging it to emulate cost-cutting measures introduced by big tech rivals including the Facebook-owner, Meta, Amazon and… Source link

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Nets owner Joe Tsai condemns Kyrie Irving’s tweeting of antisemitic video

Nets owner Joe Tsai condemns Kyrie Irving’s tweeting of antisemitic video

Kyrie Irving‘s latest venture into conspiracy theories and controversy has drawn condemnation from Brooklyn Nets team owner Joe Tsai and his own team for its clear antisemitism. On Thursday, the Nets point guard tweeted out a link to a documentary called “Hebrews to Negroes: Wake Up Black America,” based on a book of the same name by Ronald Dalton Jr. As Rolling Stone explains it, the documentary puts forward “ideas in line with more extreme factions of the Black Hebrew Israelites, which have… Source link

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NBA suspends Phoenix Suns, Mercury owner Robert Sarver for one year

NBA suspends Phoenix Suns, Mercury owner Robert Sarver for one year

The NBA on Tuesday announced a one-year suspension and $10 million fine of Phoenix Suns and Mercury owner Robert Sarver following a lengthy independent investigation into workplace misconduct allegations. The league launched the investigation into Sarver following a November 2021 article published by ESPN’s Baxter Holmes, whose interviews with more than 70 current and former Suns employees revealed a history of alleged “racially insensitive language,” “misogynistic” behavior and other hostile… Source link

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Mavericks owner Mark Cuban backtracks after originally saying he was ‘not a fan’ of in-season tournament

Mavericks owner Mark Cuban backtracks after originally saying he was ‘not a fan’ of in-season tournament

Dallas Mavericks owner Mark Cuban has some thoughts on NBA’s reported in-season tournament. After a video circulated Friday where Cuban said he wasn’t a fan of the mid-season series and would even consider benching their best players, he later clarified and told The New York Times’ Mark Stein that those comments were “old” and that he was “actually open” to the idea. Here is the original video: The details of the proposed tournament are still being worked out, but the Athletic’s Shams Charania… Source link

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Russia’s VKontakte owner VK hit by second quarter loss

Russia’s VKontakte owner VK hit by second quarter loss

LONDON – VK, owner of Russian social network VKontakte, reported a second-quarter net loss of 3.4 billion roubles ($56 million) on Thursday, partly due to a 14 billion rouble ($231 million) foreign exchange hit. The VKontakte network, often compared to Facebook, has emerged as a key player in the race to replace Western services in the wake of Russia’s invasion of Ukraine and blocks imposed by Moscow since then on Western social media platforms. VK’s second quarter result was… Source link

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Russia’s VKontakte owner VK hit by second quarter loss

Russia’s VKontakte owner VK hit by second quarter loss

LONDON (Reuters) – VK, owner of Russian social network VKontakte, reported a second-quarter net loss of 3.4 billion roubles ($56 million) on Thursday, partly due to a 14 billion rouble ($231 million) foreign exchange hit. The VKontakte network, often compared to Facebook, has emerged as a key player in the race to replace Western services in the wake of Russia’s invasion of Ukraine and blocks imposed by Moscow since then on Western social media platforms. VK’s second quarter result was… Source link

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Russia’s VKontakte owner VK hit by second quarter loss

Russia’s VKontakte owner VK hit by second quarter loss

Marina Krasnova, General Director of VKontakte, attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 16, 2022. REUTERS/Anton Vaganov Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 11 (Reuters) – VK (VKCOq.L), owner of Russian social network VKontakte, reported a second-quarter net loss of 3.4 billion roubles ($56 million) on Thursday, partly due to a 14 billion rouble ($231 million) foreign exchange hit. The… Source link

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Instead of further lambasting Brian Flores, Dolphins owner Stephen Ross should be thanking him

Instead of further lambasting Brian Flores, Dolphins owner Stephen Ross should be thanking him

It probably takes a certain level of audacity to become a billionaire, to parlay an uncle paying for your education and your mom floating you money to live off of after you got fired from your first job into a portfolio that includes real estate properties around the world and an NFL franchise. Like the audacity of throwing anyone under the bus you deem to be in your way as you accumulate obscene amounts of wealth. The audacity of selling yourself as a champion of racial equality while hosting… Source link

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