The New York Times reported earlier this week that Facebook hired Definers Public Affairs to downplay public statements and deflect public scrutiny onto rival tech companies.
The statement comes a day after a New York Times investigation claimed Zuckerberg and Sandberg downplayed internal efforts to assess Russian misinformation campaigns, and sought to deflect public scrutiny onto its competitors.
Nike on Tuesday named former Coca-Cola executive Craig Williams as president of its sports shoes unit Jordan Brand.
Chief Executive Officer and co-founder of Walmart-owned Indian e-commerce firm Flipkart Group, Binny Bansal, has resigned effective immediately, Walmart said in a regulatory filing on Tuesday.
In recent months, Facebook, Google and Twitter have faced intensifying claims of online censorship and an environment that's not welcoming to right-leaning employees.
Coty said on Monday Chief Executive Officer Camillo Pane has resigned and will be replaced by Pierre Laubies, the former CEO of Dutch coffee firm Jacobs Douwe Egberts.
Denholm has been on the board at Tesla since 2014, which many said is the only real downside to the appointment.
The stock purchases come just one week after IBM announced a $34 billion proposed acquisition of Red Hat.
Jim Cramer and billionaire hedge fund manager Paul Tudor Jones discuss the possibility of stocks entering a bear market.
Jim Cramer and billionaire hedge fund manager Paul Tudor Jones discuss the possibility of stocks entering a bear market.
Jim Cramer and billionaire hedge fund manager Paul Tudor Jones discuss the possibility of stocks entering a bear market.
Jim Cramer explains why he thinks McDonald's has even more upside after its latest earnings report.
Jim Cramer and Just Capital co-founder Paul Tudor Jones explore how the private sector can bring social change.
Jim Cramer and billionaire hedge fund manager Paul Tudor Jones discuss the possibility of stocks entering a bear market.
Department store operator J.C. Penney on Monday named Michael Fung its second interim chief financial officer in less than a month.
Kimberly-Clark reported better-than-expected quarterly results on Monday, and said long-time Chief Executive Officer Thomas Falk would step down and be succeeded by Chief Operating Officer Michael Hsu next year.
It's notable that Facebook tapped someone from outside the company for the job. Facebook has a reputation for promoting a tight circle of executives close to Zuckerberg and Sandberg.
The proposal is largely symbolic, since Zuckerberg holds absolute control of the board.
Investors in fintech company Square don't seem to approve of the departure of CFO Sarah Friar, but CEO Jack Dorsey certainly does.
Analysts and tech insiders saw Friar's departure as a major blow to Square, whose CEO Jack Dorsey also runs Twitter.
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