@Techmeme@techhub.socialA US judge dismisses a lawsuit accusing Intel of defrauding shareholders by hiding problems in its foundry unit, news of which led to a $32B one-day stock fall (Jonathan Stempel/Reuters)
https://www.reuters.com/sustainability/boa
@Mediagazer@mstdn.socialNetflix's board keeps Jay Hoag as a director after shareholders voted to oust him, and appoints Airbnb CFO and former Netflix exec Ellie Mertz as a new member (Todd Spangler/Variety)
https://variety.com/2025/tv/news/netfl
@davidaugust@mastodon.onlineDid you know, President & CEO of CBS, which just bribed potus by settling a case and canceled Stephen Colbert's show, is named, not making this up, George Cheeks?
Sure they were bullied as a kid, but as CEO, George Cheeks laying down for fascists makes me theoretically ('cause violence is not a good answer) want to clap those cheeks (metaphorically slap him).
Stop returning Paramount & subsidiaries' (like CBS) calls. They wither w/no one to work for them. …
![I’m George Cheeks, President and CEO of CBS, and I love fascism.
[photo of George Cheeks]
Do not watch, return their phone calls, pitch shows, sell to or work for Paramount, CBS or any of their subsidiaries and affiliates.
The shareholders will realize George and the rest of leadership’s fetish for fascism is bad business.](https://files.mastodon.online/media_attachments/files/114/875/699/133/163/916/original/89f9af808d337e80.png)
@Techmeme@techhub.socialMeta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure (Kyle Baird/DL News)
https://www.dlnews.com/articles/markets/meta-bitcoi…
@Mediagazer@mstdn.socialNetflix shareholders voted to oust Jay Hoag, who's served on its board since 1999; Hoag offered his resignation and the board has 90 days to accept or reject it (Todd Spangler/Variety)
https://variety.com/2025/tv/news/netflix-shareholde…
@Sustainable2050@mastodon.energyShareholders in his companies feared that Musk was closing the golden money faucet for them in the White House.
https://www.pbs.org/newshour/politics/elon
@jonippolito@digipres.clubScary headlines like this mask what I call "talent debt": when companies cut juniors because seniors AI seem faster, forgetting that AI doesn't train future leaders. You're not saving money, you're cutting off your pipeline.
https://www.
@inthehands@hachyderm.ioI honestly wonder how the famously right-wing leadership of Home Depot feel about having their workforce specifically targeted, terrorized, and (presumably) encouraged to seek work elsewhere. I doubt they care about these people as human beings, but surely they care about their labor costs. Have we heard any remarks from them? From their shareholders?
@rasterweb@mastodon.socialWhat problem are you trying to solve?
Is it the classic "more value for shareholders" or something that will actually help people trying to just fucking survive?
@pre@boing.worldTesla shareholders will apparently get to vote on whether Tesla should bail out Xai/Twitter.
Do Tesla shareholders want to give Musk more money in return for Tesla owning part of his nazi AI model and his nazi troll site?
We shall see. My guess is yes! Tesla share owners will vote to dilute themselves in return for the chance to bail out the failing Twitter and Grok.
#xai #grok #twitter #tesla
@Techmeme@techhub.socialMeta shareholders suing Mark Zuckerberg and Meta leaders over Facebook's Cambridge Analytica privacy violations reach a settlement deal, ending an $8B trial (Reuters)
https://www.reuters.com/sustainability/boa…
@midtsveen@social.linux.pizza
@andycarolan@social.lolHow much of the spread of AI is fuelled purely by a sense of FOMO by CEOs and Shareholders.
I imagine quite a bit.
@Techmeme@techhub.socialSources: Meta agrees to take a 49% stake in Scale AI for $14.8B, in a deal that gives cash to Scale's shareholders and makes Alexandr Wang a top Meta executive (Cory Weinberg/The Information)
https://www.theinformation.com/articles/me
@voks@social.tchncs.deInteressante News aus der Welt der Kartenanwendungen:
1. Bei @… gibt es offenbar Zank und laut dem Fork @… sogar Spendenveruntreuung:
> "shareholders have reportedly used the project's donation funds for person…
@Mediagazer@mstdn.socialFiling: WBD says it plans to "significantly reduce" CEO David Zaslav's annual pay, including his cash bonus, after shareholders rejected his 2024 pay package (Todd Spangler/Variety)
https://variety.com/2025/tv/news/warne
@idbrii@mastodon.gamedev.placeAfter the recent Giant Bomb news, Vinny, Brad, and Alex went into the ups and downs of the site and pulled back the curtain: they were shareholders and reluctant to sell to CBS, profitability, the motivation for Papa Vinny's Pizza Party, how Vinny found the money to hire Abby and Ben, shutting down GBeast, RV acquisition. For a longtime fan, it was an interesting trip.
On The Nextlander Podcast 198: I'm Worth It!
@emd@cosocial.caStock buybacks should be illegal
https://mastodon.social/@gvwilson/114610239799915892
@gwire@mastodon.socialDoes Microsoft have a fiduciary duty to shareholders to hasten the collapse of OpenAI?
@Techmeme@techhub.socialAlphabet offers to spend $500M over ten years to rebuild its global compliance structure, in a settlement proposal for an antitrust lawsuit from shareholders (Michael Acton/Financial Times)
https://www.ft.com/content/6df5a2c7-d9ae-49ac-a709-c478a3dd69dd…
