Amazon CEO Andy Jassy touts AI push in shareholder letter
Defiance ETF CEO and CIO Sylvia Jablonski is responding to reports that Amazon and Google are tempering expectations for generative AI to “make money.” Amazon CEO Andy Jassy outlined the e-commerce giant’s approach to artificial intelligence (AI) development in his annual letter to shareholders released Thursday. Jassy wrote that Amazon aims to “empower internal and […]
Detransitioner Crashes Disney Shareholder Meeting, Blames Company for Her Body Being ‘Irreversibly Damaged’
A former transgender person disrupted Disney’s shareholder meeting on Wednesday, calling into a payphone and accusing the studio of pressuring young girls to undergo gender transition procedures. “Disney has become Ursula stealing the voice of thousands of little Ariels,” Chloe Cole told CEO Bob Iger. Chloe Cole, who underwent surgery and hormone treatment at the […]
Kellogg’s Froot Loops have ‘harmful artificial dyes’: shareholder
Kellogg is injecting “harmful additives” into the Fruit Loops it sells in the U.S., which it vowed to eliminate years ago, according to an explosive letter sent to grain giant Kellogg by a shareholder reviewed by the Post. was. In a memo sent late Wednesday, Jason Karp, a Kellogg investor and founder and chief executive […]
To save our democracy, corporations must put people over shareholder profits
Today, our country faces difficult challenges that threaten our democratic way of life. Fortunately, by addressing two of these issues, we can provide our citizens with a better standard of living. One problem is the difficulty of maintaining our independence and democracy against an authoritarian China that is rapidly industrializing and using ruthless tactics to […]
Elon Musk in talks with Tesla shareholder before appeal of nixed $56B pay package
Elon Musk and Tesla shareholders, who last month secured a verdict voiding the CEO’s $56 billion compensation, will put the judgment on hold until the appeal is resolved, according to a Tuesday letter from the shareholders’ lawyers to the court. He plans to ask the judge to do so. Greg Ballaro, a lawyer for the […]
Deutsche Bank smashes profit estimates and boosts shareholder returns – CNBC
The German lender also announced plans to increase share buybacks and dividends by 50%, returning a total of 1.6 billion euros to shareholders. Deutsche said it plans an additional 675 million euros in share buybacks, which it aims to complete in the first half of this year. This follows his €450 million share buyback in […]
Longtime Tesla shareholder calls Elon Musk the most ‘delusional’ CEO he’s ever invested with
Ross Gerber, president and CEO of Gerber Kawasaki, analyzes demand for Tesla EVs in “Craman Countdown.” One of Tesla's most loyal and longtime shareholders is expressing wavering confidence in the electric vehicle (EV) company with Elon Musk at the helm. “Most of our customers own Teslas,” Ross Gerber, president and CEO of Kawasaki Wealth and […]
Netflix beats shareholder lawsuit over account-sharing disclosures
Netflix (NFLX.O) has lost a lawsuit filed in federal court in California by shareholders who accused the streaming entertainment company of concealing the extent to which account sharing was hampering its growth. The Texas-based mutual fund announced its May 2022 investment after Netflix's stock lost a third of its value after the company said it […]