Latest in Venture Touted Dei
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The death of DEI is exaggerated, says fund manager targeting Starbucks and Nike
The creator of a fund designed to punish companies engaging in diversity, equity and inclusion activities says the Republican sweep hasn’t really deterred companies as much as has been suggested.MarketWatch - 6d -
President Biden touts accomplishments, outlines threats in his farewell address to country
President Biden delivered a formal farewell speech from the Oval Office on Wednesday. While discussing his accomplishments in office, he also issued warnings and called on Americans to protect ...CBS News - 6d -
Why Costco Isn't Joining the Backlash Against DEI
The retail giant is swatting back at a conservative activist group, buoyed by loyal customers and staff.The Wall Street Journal - Jan. 15 -
Why Sen. Schmitt blasted military DEI practices during Hegseth's hearing
Sen. Eric Schmitt (R-Missouri) blasted DEI practices in the military during his questioning of Pete Hegseth at his Senate confirmation hearing for the secretary of defense post. Hegseth responded ...CBS News - Jan. 14 -
How AI Triggered a Venture Capital Uptick in 2024
VC dealmaking is on the rise, but still well below peak levels in 2021.Inc. - Jan. 14 -
Biden touts foreign policy accomplishments
President Biden reflected on his foreign policy achievements Monday, saying America is better positioned on the global stage than it was when he took office four years ago. Ed O'Keefe reports on ...CBS News - Jan. 13 -
India kicks off a massive Hindu festival touted as the world's largest religious gathering
Millions of Hindu devotees, mystics and holy men and women flocked to kickstart the Maha Kumbh festivalNBC News - Jan. 13 -
Apple’s Board of Directors Encourages DEI Program Retention
As companies slash DEI policies, Apple’s board wants investors to weigh an alternative.Inc. - Jan. 12 -
India kicks off a massive Hindu festival touted as the world's largest religious gathering
Millions of Hindu devotees and mystics have gathered in the northern Indian city of Prayagraj for the Maha Kumbh festival, which is the largest religious congregation on earthABC News - Jan. 12 -
Meta cuts DEI, marking another cultural shift ahead of Trump’s White House return
Facebook parent Meta is rolling back its diversity, equity and inclusion programs, according to a memo sent to employees, marking the tech giant’s latest cultural shift ahead of President-elect ...MarketWatch - Jan. 11 -
Amazon to halt some of its DEI programs: Internal memo
The company said it is in the process of "winding down outdated programs and materials" as part of a broader review of hundreds of initiatives.CNBC - Jan. 10 -
Disney’s streaming strategy gets more confusing as Venu Sports venture is axed
Analysts are split on whether Disney should move forward with plans to combine Hulu + Live TV and Fubo, following the cancellation of its sports joint venture with Fox and WBD.MarketWatch - Jan. 10 -
Meta announces end of DEI programs. Read the internal memo
Meta says it plans to end a number of internal DEI programs, designed to increase the company's hiring of diverse candidates.CNBC - Jan. 10 -
Meta terminates its DEI programs days before Trump inauguration
Meta, fresh off announcement to end factchecking, follows McDonald’s and Walmart in rolling back diversity initiatives. Following a week in which Mark Zuckerberg announced that Meta was ...The Guardian - Jan. 10 -
Meta joins companies rolling back some DEI policies
McDonald's announced earlier this week that the company would end some initiatives centered on diversity, equity and inclusion, or DEI.ABC News - Jan. 10 -
Meta cutting DEI team, programs in broad shift
Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...The Hill - Jan. 10 -
Disney, Warner Bros., Fox kill streamed sports joint venture
Three of the nation's largest broadcast media companies have scrapped plans to launch a joint direct-to-consumer streaming platform for live sports, the group announced Friday. Warner Bros. ...The Hill - Jan. 10 -
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Price of resale tickets to be capped under plans to tackle touts
The government is suggesting a cap on the cost of resold tickets, potentially up to 30% on top of the original price.BBC News - Jan. 10 -
Resold tickets prices set to be capped under UK tout crackdown
Ministers vow to stop resellers ‘fleecing the public’ after fan outcry over cost of Oasis concertsFinancial Times - Jan. 10 -
MAGA Is Blaming DEI for the California Wildfires
Rather than months without rain or the effects of climate change, figures like Elon Musk and Donald Trump Jr. are pointing to a familiar scapegoat as entire neighborhoods burn.Wired - Jan. 9 -
Piers Morgan targets US after YouTube venture buyout from Rupert Murdoch’s News UK
British presenter’s production company to acquire his ‘Uncensored’ showFinancial Times - Jan. 8 -
2024 Tried to Kill DEI. Could Costco Launch a Revival in 2025?
Conservative activists have successfully convinced companies such as McDonald’s and Walmart to shut down their DEI programs. Costco said no.Inc. - Jan. 7 -
Meta goes ‘MAGA’: Facebook adjusts fact-checking approach as Zuckerberg touts ‘free expression’ and cites ‘cultural tipping point’
“We’re going to work with President[-elect] Trump to push back on governments around the world that are going after American companies and pushing to censor more,” Meta CEO Mark Zuckerberg said.MarketWatch - Jan. 7 -
McDonald’s Abandons Some DEI Policies, Following Other Big Companies Caving to Pressure Groups
Despite its apparent successes in diversifying the company, McDonald’s joined the growing list of big corporations revising or dropping DEI programs amid conservative attacks.Inc. - Jan. 7 -
McDonald’s is ‘retiring’ its DEI goals. Why more companies are expected to do the same.
Companies like Walmart, Harley-Davidson and Lowe’s have also changed their diversity initiativesMarketWatch - Jan. 7 -
O'Malley touts endorsements of current, former Congressional Black Caucus members in DNC chair bid
Former Maryland Gov. Martin O’Malley (D) on Monday touted the endorsements of current and former Congressional Black Caucus (CBC) members in his Democratic National Committee (DNC) chair bid. “I am ...The Hill - Jan. 6 -
Chinese venture capitalists force failed founders on to debtor blacklist
Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back fundingFinancial Times - Jan. 6 -
Scalise cites DEI initiatives in law enforcement while discussing New Orleans attack
House Majority Leader Rep. Steve Scalise (R-La.) cited diversity, equity and inclusion (DEI) initiatives that he says have blurred the focus of law enforcement agents hired to keep the country safe ...The Hill - Jan. 3 -
Venture Capitalist Sues Paypal Over Program for Minority Startups
An Asian-American fund manager accused the payments company of discrimination by ignoring her application under a $100 million initiative.The Wall Street Journal - Jan. 3 -
Biden touts 235 judicial confirmations as bulwark to protect democracy
President Biden on Thursday took a victory lap for the 235 judicial confirmations accomplished during his administration, arguing the judges he appointed to the federal bench would serve as ...The Hill - Jan. 2 -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - Jan. 1 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1
