Topic: board composition
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Disney Merges Hulu Live TV With Fubo in Major Streaming Deal
Disney and Fubo have merged their Hulu + Live TV operations, creating the second-largest virtual pay-TV provider in the U.S., with Disney holding a controlling 70% stake and serving nearly six million subscribers. The merger led to Fubo dropping its antitrust lawsuit and the dissolution of the Ve...
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Trump's TikTok Deal Under Fire as China Retains Algorithm Control
President Trump has extended the deadline to mid-December for ByteDance to divest its ownership stake in TikTok's U.S. operations, with negotiations ongoing for a U.S.-led investor group to take majority control. An investor consortium including Oracle, Silver Lake, and Andreessen Horowitz is set...
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Ex-Patagonia CEO Rose Marcario Leaves Rivian Board
Rose Marcario has resigned from Rivian's board to focus on other commitments, reducing the board from eight to seven members effective January 1. Her departure comes as Rivian prepares to launch its critical, more affordable R2 SUV in early 2026 and roll out new automated driving features. Marcar...
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Adam Presser Appointed CEO of U.S.-Controlled TikTok Venture
A new joint venture led by Silver Lake, Oracle, and Abu Dhabi's MGX now controls TikTok's U.S. operations, directly addressing national security and data privacy concerns that had threatened a ban. The venture's leadership includes CEO Adam Presser, a longtime TikTok insider, and a governance boa...
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Trump, ByteDance Claim TikTok Deal Approved-Official Details Still Pending
President Trump announced that a proposed deal for TikTok, approved by Chinese President Xi Jinping, would place the app under a U.S.-led investor group, with ByteDance committing to keep it operational for American users. The agreement follows months of negotiations over national security concer...
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