Tag Archives: CEO

Days after Intel CEO talks Trump called ‘highly conflicted,’ the federal government is reportedly negotiating a stake in the chips champion  uk.finance.yahoo.com The U.S. Is Discussing Taking a Stake in Intel  The Wall Street Journal What might Trumpian meddling mean for Intel?  The Economist Trump admin considering taking a stake in Intel  KGW Intel shares rise on report of possible US government stake  Reuters Source …

Lucian Grainge, the CEO of Universal Music Group, has issued his first public response (and it’s a fiery one) to Drake’s lawsuit against the company for what he alleges to be the strategically defamatory promotion of Kendrick Lamar’s hit diss song “Not Like Us.” Earlier this week, Drake’s attorneys attempted to force Grainge to submit documents they believe would build …

Topline Universal Music Group CEO Lucian Grainge called Drake’s defamation lawsuit against the record label “farcical” in a letter to the court, refuting the rapper’s allegations that Grainge was personally behind the release and promotion of Kendrick Lamar’s diss track “Not Like Us.” Drake filed a defamation lawsuit against Universal Music Group in January. (Photo by Simone Joyner/Getty Images for …

Why Intel may be into Trump’s deal At one point, Intel was the undisputed leader in chip manufacturing, Bloomberg noted, but its value plummeted from $288 billion in 2020 to $104 billion today. The chipmaker has been struggling for a while—falling behind as Nvidia grew to dominate the AI chip industry—and 2024 was its “first unprofitable year since 1986,” Reuters …

Universal Music Group CEO Lucian Grainge is firing back at Drake’s demand to read his emails amid the ongoing lawsuit over Kendrick Lamar diss track “Not Like Us,” calling the request “farcical” and “ridiculous.” In a scathing declaration filed in court Thursday, Grainge said it “makes no sense whatsoever” that the boss of the world’s largest music company would play …

Opendoor Hunts for CEO as Wheeler Steps Down, Lifting Shares  Bloomberg.com Opendoor stock pops 10% as CEO resigns following investor pressure campaign  CNBC Opendoor is surging again after July’s meme-like rally. Here’s why.  Business Insider Opendoor bulls are getting what they want, and the stock is surging again  MarketWatch Opendoor CEO Resigns. The Meme Stock Is Getting New Leadership.  Barron’s Source link

It seems Warren Buffett has healthcare on his mind as he approaches retirement. The 94-year-old investor’s Berkshire Hathaway scooped up just over 5 million shares of UnitedHealth stock last quarter, securing a stake in the health insurer worth $1.6 billion at the end of June. The new holding was revealed in the conglomerate’s quarterly portfolio update, known as a 13F, …

MUBI CEO Efe Cakarel has addressed the ongoing controversy over the company’s recent $100 million investment from Sequoia Capital, a venture capital firm that was found to have ties to several companies connected to the Israeli military. In a lengthy statement shared with the press Thursday, August 14, Cakarel clarified the profits MUBI generates do not fund other companies in …

Mubi founder and CEO Efe Cakarel has penned an emotional letter addressed to the filmmaking community in response to the backlash surrounding the company’s new investor, Sequoia Capital, and its ties to the Israeli military. Mubi, an arthouse distributor and producer with a mission to champion independent voices in cinema, has been under fire since securing a $100 million investment …

ALBANY, N.Y. (AP) — A New York man has been charged with cyberstalking a family member of UnitedHealthcare CEO Brian Thompson, allegedly leaving threatening voicemails that expressed glee about the insurance executive’s killing, federal prosecutors said Wednesday. Shane Daley, 40, is accused of placing multiple calls to Thompson’s family member after the shooting, justifying the killing and saying that the …