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“Jessica Sibley named CEO of publisher of Time magazine” Time, the publisher of Time magazine, said Monday the media firm has named Jessica Sibley as its chief executive officer, effective Nov. 21. Sibley’s appointment comes as the 99-year old company seeks to expand away from its print operations and become a diversified media company. The media executive joins…
“CBS, Leslie Moonves to pay $30.5 for covering up sexual assault allegations” CBS and its former Chief Executive Officer Leslie Moonves have been ordered to pay $30.5 million dollars — mostly to shareholders — for insider trading and covering up multiple sexual assault allegations against Moonves, New York Attorney General Letitia James announced on Wednesday….
“Elon Musk says he will be Twitter CEO” Billionaire Elon Musk said on Monday in a filing that he will be the chief executive officer of Twitter, the social media company he recently acquired for $44 billion. The move comes after Musk, who also runs Tesla and SpaceX, fired Twitter CEO Parag Agrawal and other top company officials…
“Nearly every CEO bracing for recession over next 12-18 months: survey” CEO confidence has plunged to its lowest levels since the Great Recession as central banks scramble to tame decades-high inflation, according to the results of a key survey. A whopping 98% of US-based CEOs say they are preparing for an economic recession over the…
“Mark Zuckerberg’s Little League baseball card sells for over $100K” Meta boss Mark Zuckerberg’s Little League baseball card fetched a six-figure sum at auction, according to a report. The authenticated card, displaying a photo of an 8-year-old Zuckerberg and his autograph, sold for $105,000 at an auction conducted by ComicConnect.com, MarketWatch reported Wednesday. The undisclosed…
“Mark Zuckerberg’s net worth slashed by more than half this year” Mark Zuckerberg’s net worth has been slashed by more than half this year, ousting him from the top ranks of the world’s richest as his company Meta struggles through an identity crisis, according to updated calculations. Zuckerberg, 38, has lost a whopping $71 billion…
“Twilio announces 11% of employees will lose jobs in ‘Anti-Racist’ layoffs” Twilio CEO Jeff Lawson announced in a message to all employees that 11% of its workforce would be laid off, stating that they made the layoffs through an “Anti-Racist” and “Anti-Oppression” lens. The San Francisco-based corporate communications company CEO said in the message to employees that the…
“Online marketing CEO Braden Wallake posts crying selfie announcing layoffs — gets roasted” The CEO of an online marketing firm was lambasted on social media after he posted a “cringeworthy” selfie on LinkedIn that showed him crying as he announced layoffs. Braden Wallake, the CEO of Columbus, Ohio-based marketing services firm HyperSocial, took to LinkedIn…
“Mark Cuban claims Bill Gates stole his ‘girls’ in Las Vegas” Microsoft co-founder Bill Gates once provided Mark Cuban with a painful ego check at a bar in Las Vegas, the Dallas Mavericks owner said during a podcast interview. Cuban, 63, revealed that some female friends once ditched him in favor of a newly uber-rich…
“Boston Consulting Group boss nixes speech after watersport accident: report” A Boston Consulting Group bigwig and former adviser to President Trump was laid up in a Bali hospital instead of giving a planned speech on clean energy in Australia after breaking nine ribs while vacationing in the South Pacific paradise, according to a report Thursday….