Facebook shareholders back proposal to remove Zuckerberg as chairman

The revolt of the non-voting shareholders.

Several public funds that hold shares in Facebook Inc on Wednesday backed a proposal to remove Chief Executive Officer Mark Zuckerberg as chairman, saying the social media giant mishandled several high-profile scandals.
— Read on www.reuters.com/article/us-facebook-shareholders/facebook-shareholders-back-proposal-to-remove-zuckerberg-as-chairman-idUSKCN1MR2GY

Snap is ‘quickly running out of money’

I know how Snap can save $500 million per year: his name is Evan Spiegel.

The CEO famously rejected stock options comp for a ridiculous annual salary of one half a billion USD.

Snap Inc. stock slid more than 5% on Tuesday morning after an analyst said the Santa Monica company behind the Snapchat video-messaging app was “quickly running out of money” and may need to raise new funding next year.

— Read on www.latimes.com/business/la-fi-tn-snap-snapchat-money-20181009-story.html

Agents Raid Office of Trump Lawyer Michael Cohen in Connection With Stormy Daniels Payments – WSJ

Oh sh-.

It’s on now motherfucker.

Federal investigators on Monday searched the office, home and Manhattan hotel room of President Donald Trump’s longtime lawyer, Michael Cohen, seizing communications between the lawyer and his clients that cover topics including payments to the former porn actress known as Stormy Daniels, according to a person familiar with the matter.

Stop messing with our elections.

— Read on www.wsj.com/articles/fbi-raids-trump-lawyers-office-1523306297