Shareholders win when businesses do better at cyber | Computer Weekly
Organizations with advanced cybersecurity practices have a significantly higher shareholder return. Boards engaged in cybersecurity issues are critical for success. [ more ]
Ira M. Millstein, Corporate Lawyer With Public Impact, Dies at 97
Ira M. Millstein had a significant impact on corporate governance and public authorities, advocating for more independence and oversight by directors.
He played a pivotal role in steering Ruth Bader Ginsburg onto the federal bench, while also assisting New York City in avoiding bankruptcy in the 1970s. [ more ]
AI is being used as a tool to facilitate ESG reporting practices and address challenges faced by companies.
ESG reporting is a framework that assesses how a company manages risks associated with environmental, social, and corporate governance issues. [ more ]
Elon Musk's recent statement about potentially developing technologies outside of Tesla if he doesn't have 25% of the voting shares has sparked discussions about corporate governance and fiduciary duty.
Musk's threat brings attention to the power dynamics between corporations, their boards, and their executives, highlighting the need for clarity in roles and responsibilities. [ more ]
OpenAI's non-profit board took a stand. But this is Silicon Valley, and the billionaires won
A battle has unfolded at OpenAI over the future of AI, pitting the profitable side of the business against safety-conscious board members.
The drama exposes a friction between business and public interests in Silicon Valley and raises questions about corporate governance and ethical regulation in the AI race. [ more ]
TikTok Argues That a US Ban Would Hurt Local Businesses in Pre-Prepared Testimony
"More than 150 million people in the United States use TikTok on a monthly basis, with the average user today being an adult well past college age.Their videos provide a lens through which the rest of the world can experience American culture.Examples include TikTok's role in bringing exposure to American musicians, artists, chefs, and many more.
GOP 2024 hopeful Vivek Ramaswamy says US experiencing a national identity crisis'
Republican presidential candidate and entrepreneur Vivek Ramaswamy said Sunday he is running distinctively on my vision for this country and not his biography or business credentials when asked why he believes he can win the party's nomination as a political outsider and relatively unknown figure to most Americans.
Crypto industry scores a big win under long anticipated Senate bill
A highly anticipated Senate proposal to bring the freewheeling cryptocurrency industry under federal oversight would deliver a win for the sector by empowering its preferred regulator, the Commodity Futures Trading Commission (CFTC), over the Securities and Exchange Commission.
Fannie Mae appoints Michael Seelig to its board of directors
Fannie Mae announced on Wednesday that it has appointed Michael Seelig to its board of directors, where he will serve on the audit committee.Seelig's mandate is to "help Fannie Mae fulfill its mission to facilitate equitable and sustainable access to homeownership and quality affordable rental housing across America," according to a statement from the government-sponsored enterprise (GSE).
Analysis | What Adani Short Seller Hindenburg Can Learn From Elliott
It was a sensational headline even for a short seller.Calling Adani Group the "largest con in corporate history," New York-based Hindenburg Research, a trading outfit that first got Wall Street's attention for raising serious questions about electric-vehicle makers Nikola Corp and Lordstown Motors Corp, took a stab at Gautam Adani, Asia's richest man.
A brief history of Bitcoin crashes and bear markets: 2009-2022
Bitcoin ( BTC) experienced one of its most brutal crashes ever in 2022, with the BTC price plummeting below $20,000 in June after peaking at $68,000 in 2021.
JD Sports boss Peter Cowgill quits with immediate effect
The boss of JD Sports has stepped down with immediate effect just months after the retailer was fined more than £4m for breaching the competition regulator's rules with clandestine meetings with a takeover target.
Germany Hits Google For Commingling Data; Is Green The New Gold? | AdExchanger
The German Cartel Office, Germany's antitrust regulator, says Google's data processing policies violate the country's digital competition law.Germany's antitrust regulations go further than the EU's Digital Markets Act to prohibit data from being shared internally by large companies with multiple consumer brands or services.
New York City Comptroller Brad Lander is risking billions of dollars of New Yorker's pensions in mainland Chinese companies while seemingly going against his own environmental, social and governance (ESG) factors in investing city money, according to recent filings .
Crypto industry would get its preferred regulator under new bill
As Washington policymakers wrangle over how to oversee cryptocurrency, a new bipartisan proposal would give the rapidly-expanding sector a victory by handing authority to the Commodity Futures Trading Commission, seen by the industry as a more benevolent regulator.
Amazon shareholders reject 15 motions on worker rights and environment
Amazon shareholders have rejected 15 resolutions brought forward by investors in a push to influence the company's environmental impact and treatment of workers.
Median CEO Pay Leaps to Record $14.7 Million as Workers Strike for Better Wages
As workers across the U.S. attempt to unionize and walk off the job over brutal conditions and starvation wages, an analysis released Sunday found that the median pay package of top U.S. CEOs jumped to $14.7 million in 2021 - the sixth consecutive record-breaking year for executive compensation.
Next and Wagamama face investor backlash over CEO bonuses
The fashion retailer Next and the restaurant group behind Wagamama are facing a potential backlash over executive bonuses after both their chief executives received the highest pay since 2015 while benefiting from government support.