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Alex Wong/Getty Images Some of the leading Democratic members of the House of Representatives committee that oversees the Federal Communications Commission sent a letter Tuesday to Ajit Pai, the agency’s chairman. In the letter, the representatives criticized Pai for falsely claiming that the FCC was the victim of a cyberattack last year. The representatives demanded […]
Thomson Reuters Former campaign chairman Paul Manafort could spend the rest of his life in prison, or deal a significant blow to special counsel Robert Mueller in the first trial from the investigator’s probe. Jury selection for Manaforts trial begins on Tuesday in Alexandria, Virginia. While the main areas of Mueller’s investigation are Russia’s actions […]
Justin Sullivan/Getty Images Six women have accused Leslie Moonves, the CEO and chairman of CBS Corporation, of unwanted sexual advances and intimidation, according to a bombshell report from The New Yorker and investigative journalist Ronan Farrow. Four of the women alleged that Moonves had forcibly touched or kissed them during what were supposed to have […]
Facebook chairman and CEO Mark Zuckerberg is having a very bad day. On Thursday, he lost $ 17 billion of his fortune, Facebook shares dipped almost 20 percent, and now, some shareholders want his influence on the company reduced. Read more The money the Facebook CEO lost is only one-fifth of his net worth, which […]
The Muslim Council of Britain has accused the Tory party chairman of ignoring its calls for an investigation into allegations of anti-Muslim prejudice among Conservatives. The MCB called on the Tories to take immediate action to root out Islamophobia, in its second letter to the party in less than a month. Noting that a previous […]
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PwC Bob Moritz is PwC‘s global chairman, and in January wrote a letter accompanying his firm’s annual CEO survey recommending four things every CEO should do. We spoke with Moritz at the CECP‘s CEO Investor Forum, dedicated to replacing toxic short-term fixation with a renewed emphasis on creating long-term value. Mortiz believes that CEOs have […]
NICOLAS ASFOURI/AFP/Getty Images Aside from being able to rule China indefinitely, President Xi Jinping is considered the “Chairman of Everything,” overseeing foreign and domestic affairs, the military, finance, and even internet security. This makes Xi vulnerable to his opponents who can blame him for almost anything that goes wrong, former Australian prime minister Kevin Rudd […]
US Olympic Committee (USOC) CEO Scott Blackmun has stepped down from his post, citing ongoing health issues. His resignation takes place amidst the ongoing scandal of the USA Gymnastics physician Larry Nassar. The USOC made the critical decision just a week after the 2018 Pyeongchang Winter Olympics ended. The committee was under intense pressure to […]
Apple’s music exec connections may extend beyond the likes of Jimmy Iovine and Dr. Dre. Variety sources have claimed that Sony Music chairman Doug Morris is leaving the publisher at the end of March to help run a new label, 12 Tone, that will have a “partnership” with Apple. What this involves isn’t clear, but […]
