Meta has strategically appointed Dina Powell McCormick, a former Trump administration national security advisor and Goldman Sachs executive with extensive government experience, to its board of directors, effective April 15, 2025. This move is seen as part of Meta’s efforts to strengthen its …
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Hoan Ton-That, co-founder and CEO of controversial facial recognition startup Clearview AI, resigned from his position, stating “it is time for the next chapter in my life.” Ton-That said he would remain on as a board member but declined to comment on what specifically sparked his …
Digital World Acquisition Corp (DWAC) terminated CEO Patrick Orlando’s employment, citing “unprecedented headwinds” that necessitated a leadership change. The board appointed Eric Swider as interim CEO after investigations by the SEC and federal prosecutors into potential …
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Trump Hotels and Casino Resorts, the publicly traded company that operated Trump’s Atlantic City casino empire, filed for Chapter 11 bankruptcy protection on November 21, 2004, unable to make a $73 million interest payment due November 1. The company was drowning in approximately $1.8 billion …
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