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How TikTok Lost the War in Washington
Coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app.The Wall Street Journal - Tech - Tiktok -
Google's CEO Sends the Perfect Message
Sundar Pichai made it very clear to employees that they are free to express their opinions--but the workplace isn't going to serve as their forum. Business owners would be wise to follow his example.Inc. - Business - Google -
UnitedHealth’s CEO Slammed Over Cyberattack
Several lawmakers questioned whether the company had become so large — with tentacles in every aspect of the nation’s medical care — that the effects of the hack were outsize.The New York Times - Health -
UnitedHealth’s CEO Slammed Over Cyberattack
Several lawmakers questioned whether the company had become so large — with tentacles in every aspect of the nation’s medical care — that the effects of the hack were outsize.The New York Times - Business -
UnitedHealth’s CEO Slammed Over Cyberattack
Several lawmakers questioned whether the company had become so large — with tentacles in every aspect of the nation’s medical care — that the effects of the hack were outsize.The New York Times - Top stories -
On TikTok, Potential Ban of App Leads to Resignation and Frustration
While Congress says the social app is a security threat, critics of the law targeting it say it shows how out of step lawmakers are with young people.The New York Times - Tech -
ByteDance Says It Won't Sell U.S. TikTok
The Beijing-based company said that foreign-media reports that it is exploring the sale of TikTok “are untrue.”The Wall Street Journal - Tech - Tiktok -
Universal Music Artists to Return to TikTok After New Licensing Deal
The deal comes after the companies failed to reach an agreement, prompting Universal to pull all of its artists’ songs off TikTok at the beginning of February.The Wall Street Journal - World - Tiktok -
Muted no more - TikTok settles music royalties dispute with Universal
The deal means songs from artists including Ariana Grande and Drake can be used on the platform again.BBC News - Top stories - Tiktok -
UnitedHealth CEO defends ransom payment in testimony on cyberattack
Witty said he himself made the decision that UnitedHealth would pay a ransom to the hackers who caused the massive data breach.CBS News - Top stories -
UnitedHealth CEO testifying about cyberattack before Congress
UnitedHealth Group CEO Andrew Witty is testifying on Capitol Hill Wednesday about a crippling cyberattack on the company in February. CBS News Homeland Security and Justice reporter Nicole Sganga has more.CBS News - Top stories -
L.A. Phil names Kim Noltemy as president and CEO
Kim Noltemy takes over as president and CEO of the L.A. Phil from Chad Smith, who left for the Boston Symphony Orchestra last fall. She arrives from the Dallas Symphony Assn.Los Angeles Times - Entertainment -
Microsoft CEO to Visit Southeast Asia With AI on Agenda
Satya Nadella will meet officials in Indonesia, Thailand and Malaysia next week, as the tech titan is betting on generative AI for long-term growth.The Wall Street Journal - Tech - Microsoft -
Patreon's TikTok Ban Takedown Post Is a Master Class in Attracting Future Clients
Patreon says it's worried about volatility in the creator economy, and its pseudo sales pitch to attract creators unseated from TikTok is a good example of on-brand messaging.Inc. - Business - Tiktok -
Biden Signs TikTok Ban Bill Into Law. Here’s What Happens Next.
President Biden has signed the bill to force a sale of the video app or ban it. Now the law faces court challenges, a shortage of qualified buyers and Beijing’s hostility.The New York Times - Tech - Joe Biden -
TikTok honors 15 creators for Asian American Pacific Islander Heritage Month
TikTok is celebrating a group of 15 creators, business owners and “industry disruptors” for this year’s Asian American Pacific Islander Heritage Month.NBC News - Top stories - Tiktok -
TikTok Broke the Tech Law Logjam. Can That Success Be Repeated?
For years, federal lawmakers have tried to pass legislation to rein in the tech giants. The TikTok law was their first success.The New York Times - Tech - Tiktok -
Most Americans View TikTok as a Chinese Influence Tool, Poll Shows
AReuters/Ipsos survey shows huge support for the idea that the social media platform is being used to shape U.S. public opinion.Inc. - Business - Tiktok -
How Marc Jacobs Cracked the Code for Going Viral on TikTok
The fashion label is tapping creators to make user-generated content. A social media expert explains why the tactic is working--and what smaller brands can learn from it.Inc. - Business - Tiktok -
TikTok and Universal Music Group settle royalty dispute with new licensing agreement
The months-long standoff between Universal Music Group and TikTok over royalty payments and AI policies is finally over, at least for the time being, with the announcement that the two entities have struck a deal to bring the label’s music back on ...NBC News - Top stories - Tiktok -
Fed chair Powell signals rates will remain higher for longer
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goalFinancial Times - Business - Federal Reserve -
Fed chair Powell signals rates will remain higher for longer
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goalFinancial Times - Business - Federal Reserve -
Fed chair Powell signals rates will remain higher for longer
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goalFinancial Times - Business - Federal Reserve -
Universal signs TikTok deal allowing artists back on platform
Music giant pulled content amid row over issues such as deepfake AI-generated music and artists’ compensation. TikTok and Universal Music Group have reached a deal that will allow songs and artists from its labels including Olivia Rodrigo and ...The Guardian - World - Tiktok -
Universal Music artists coming back to TikTok after licensing deal
TikTok and Universal Music Group struck a new licensing deal that will return the record label’s artists and their songs to the popular video-sharing app, ending months of disagreements over pay.MarketWatch - Business - Tiktok -
Universal Music ends boycott of TikTok with new licensing deal
Agreement will mean ‘improved remuneration’ for songwriters and artists, says world’s largest record groupFinancial Times - Business - Tiktok -
Binance CEO Will Serve Four Months in Prison, But Will Be a Very Rich Inmate
Changpeng Zhao ran his crypto company differently from the way Sam Bankman-Fried ran FTX: Binance is still going strong. Leadership lessons abound from both bad examples.Inc. - Business -
How Bob Bakish, the Anti-Mogul CEO, Struggled to Rescue Paramount
The company veteran stepped down Monday with Paramount in the midst of a merger drama.The Wall Street Journal - Business -
Norfolk Southern CEO Gets ISS's Backing in Proxy Fight
Norfolk Southern’s CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad’s leadership works to fend off a proxy fight from investors led by Ancora Holdings.The Wall Street Journal - World -
Paramount CEO Bob Bakish to step down amid sale discussions
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.CBS News - Entertainment -
Norfolk Southern CEO Gets ISS's Backing in Proxy Fight
Norfolk Southern’s CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad’s leadership works to fend off a proxy fight from investors led by Ancora Holdings.The Wall Street Journal - Business -
Paramount Global CEO Bob Bakish expected to leave the company
Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.Los Angeles Times - Entertainment -
Manchester United’s interim CEO and chief financial officer to leave club
Patrick Stewart and Cliff Baty will leave at end of seasonJean-Claude Blanc will be interim CEO until 13 JulyManchester United have announced that their interim chief executive, Patrick Stewart, and chief financial officer, Cliff Baty, will leave ...The Guardian - World -
AMD CEO foresees sustained growth driven by insatiable demand for AI
AMD CEO Lisa Su said it's an exciting time for the industry as the widespread deployment of AI is driving demand for computing power.VentureBeat - Tech -
American Express CEO explains how the company is attracting younger consumers
American Express CEO Steve Squeri told CNBC's Jim Cramer on Tuesday that Millennial and Gen Z customers made up 60% of new card acquisitions.CNBC - Business -
Lobbying World: Global Business Alliance taps next president and CEO
The Global Business Alliance (GBA) announced that Nancy McLernon will retire as president and CEO at the end of the year. McLernon, who founded GBA in 1990, grew the organization from less than a dozen members into an influential voice for more ...The Hill - Politics -
UnitedHealth CEO faces Change Healthcare hack scrutiny on Capitol Hill
UnitedHealth Group’s dominance in the U.S. healthcare industry was in the spotlight on Capitol Hill Wednesday as its CEO faced two Congressional hearings on the cyberattack on its Change Healthcare unit.MarketWatch - Business -
Smith & Nephew grants CEO 30% pay rise despite shareholder revolt
AGM vote sees 43% come out against a hike of $2.6mn for Deepak Nath if he hits targetsFinancial Times - Business -
UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom
Senators questioned UnitedHealth Group CEO Andrew Witty on Wednesday about a cyberattack on its subsidiary Change Healthcare.CNBC - Business -
UnitedHealth Group CEO takes bipartisan heat in Senate hearing over cyberattack
UnitedHealth Group CEO Andrew Witty took fire from both sides of the aisle Wednesday during his testimony before the Senate Finance Committee on the cyberattack on Change Healthcare, a subsidiary of his company. Senate Finance Chair Ron Wyden ...The Hill - Politics