Episodios

  • BLAME GAME: Target layoffs, OpenAI vs. China, Hormel’s recall, F5’s cyber breach, and future terror
    Oct 28 2025
    Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.DAMIONAmazon to announce largest layoffs in company history, in AI push. WHO DO YOU BLAME?Former CEO Jeff BezosAICovid (This wave of layoffs results from overhiring during the pandemic)Executive Chair and largest shareholder Jeff BezosF5 Expects Revenue Hit From Cyber Attack. F5, a $20B billion technology company with impressive gross profit margins of 81%, experienced a cybersecurity incident involving unauthorized access to certain company systems by a sophisticated nation-state threat actor. WHO DO YOU BLAME?The Risk committee: Dreyer, Klein, Montoya, Budnik*Chair Marianne Budnik is deemed to have Cybersecurity experience because she serves as a Chief Marketing Officer in the cybersecurity industryPeter Klein was the CFO at Microsoft for less than 4 years, then was the CFO for WME for 6 months and then has only been a director since 2014.Risk committee member Michael Montoya specifically. F5 revealed that the director mysteriously resigned in the same filing it disclosed the cyberattack, despite having served for only 4 years. According to the proxy, had “extensive experience as an information security executive.” Following his resignation from the Board, Mr. Montoya continued his service with the Company and has been appointed as F5’s Chief Technology Operations Officer.The entire board, for doing dumb modern day board things: announced that CEO François Locoh-Donou, would assume the additional role of Chair of the Board following the Company’s next Annual Meeting of Shareholders 12 days after they announced the cyberattack.Investors. 98% YES average this year: 7 over 99.2%, including Risk Committee Chair Marriane Budnik with 99.6%. Nobody feels like they have to work hard to impress anyoneF5! It’s a god damn cybersecurity company!How climate change is fueling Hurricane Melissa’s ferocity. WHO DO YOU BLAME?Exxon CEO Darren Woods because he sued his own shareholders last year: Arjuna Capital, LLC and Follow ThisExxon CEO Darren Woods because just yesterday: Exxon sues California over new laws requiring corporate climate disclosuresExxon CEO Darren Woods because gas and oilClimate ChangeOpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’ WHO DO YOU BLAME?The fear-and-spending geniuses behind the original Cold War: Truman, Stalin, ChurchillPeople who historically ignored Eisenhower and his statements on the U.S. military-industrial complex when he explicitly warned that defense contractors and the military could exert undue influence on government policy. Sound familiar?Anyone who empowered the board to not be empowered when they tried to fire Sam Altman for such reasons as:Conflicts over OpenAI’s rapid growth and direction, especially the tension between aggressive AI deployment vs. safety oversight.Power dynamics between Altman, key researchers, and board members — some may have felt he had too much unilateral control.The college that let Sam Altman drop outSammy Altman Citi’s Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boot. WHO DO YOU BLAME?The entire Compensation, Performance Management and Culture CommitteeThese two long-tenured Compensation, Performance Management and Culture Committee membersDiana L. Taylor* 10 other directorships: Brookfield Corporation, Accion (Chair), Columbia Business School (Board of Overseers),Friends of Hudson River Park (Chair), Mailman School of Public Health (Board of Overseers), The Economic Club of New York (Member), Council on Foreign Relations (Member), Hot Bread Kitchen (Board Chair), Cold Spring Harbor Lab (Member), and New York City Ballet (Board Chair)Peter B. Henry*8 other directorships: Nike, Inc., Analog Devices, Inc., National Bureau of Economic Research (Board), The Economic Club of New York (Board), Protiviti (Advisory Board), Biospring Partners (Advisory Board), Makena Capital (Advisory Board), and Two Bridges Football Club (Board)The lowest common denominator effect of bank compensation committees:Wells Fargo CEO Charlie Scharf: ~$30M special equity grant tied to becoming Chair as well as CEO (3 months after meeting)Goldman Sachs: CEO David Solomon & COO John Waldron ~$80M each (retention RSUs vesting in ~5 yrs)KeyCorp: CEO Chris Gorman & four other senior execs: ~$8M for Gorman; ~$17M combined for the five NEOsThe passive ownership (re: management-friendly) of BlackRock, State Street, and Vanguard (combined 22%): without their votes at Goldman then Say on Pay was nearly tied, which might have dissuaded the year of one-off bonuses for banking CEOs??The world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO [Sunny Verghese, CEO of food and ag company Olam Group] says. WHO DO YOU BLAME?The world’s top 28 richest people (those worth ~$160 B...
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    54 m
  • Musk’s robot army, East Wing payoffs vs. NBA scandals, and Benioff the Protector
    Oct 24 2025
    Story of the Week (DR):Citi’s Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boota one-time equity award (the Award), consisting of Restricted Stock Units (RSUs) with a grant date value of $25 million and 1.055 million Citigroup stock optionsthe Compensation, Performance Management and Culture CommitteeDuncan P. Hennes (Chair)*Peter B. Henry*Other directorships: Nike, Inc., Analog Devices, Inc., National Bureau of Economic Research (Board), The Economic Club of New York (Board), Protiviti (Advisory Board), Biospring Partners (Advisory Board), Makena Capital (Advisory Board), and Two Bridges Football Club (Board)Renée J. JamesOther directorships: Oracle Corporation, Sabre Corporation, Vodafone Group Plc, President’s National Security Telecommunications Advisory Committee (Member and Prior Chair), and University of Oregon (Trustee)Gary M. Reiner*Diana L. Taylor*Other directorships: Brookfield Corporation, Accion (Chair), Columbia Business School (Board of Overseers),Friends of Hudson River Park (Chair), Mailman School of Public Health (Board of Overseers), The Economic Club of New York (Member), Council on Foreign Relations (Member), Hot Bread Kitchen (Board Chair), Cold Spring Harbor Lab (Member), and New York City Ballet (Board Chair)Casper W. von KoskullCommittee Meetings in 2024: 15Citi elected CEO Jane Fraser as ChairJohn Dugan, who served as Chair of Citi’s Board since 2019, will become Lead Independent DirectorCEO armies MMElon Musk Wants ‘Strong Influence’ Over the ‘Robot Army’ He’s BuildingIn a Tesla earnings call Wednesday, the world’s richest man pondered the future of his company’s Optimus robots—and his control over them.“If we build this robot army, do I have at least a strong influence over this robot army?” he told investors. “Not control, but a strong influence… I don’t feel comfortable building that robot army unless I have a strong influence.”His repeated use of the word “army” certainly stands out, suggesting the robot could eventually be used as a weapon. Is Musk considering having his robots be deployed as soldiers?Elon Musk Threatens to Leave Tesla if Shareholders Don’t Approve His Trillion-Dollar Pay Package – Warns, “Which Other Automotive CEO Would You Like to Run Tesla Because It Won’t Be Me”Secret Plans Reveal Amazon Plot to Replace 600,000 Workers With Robot ArmyThe ongoing CEO/Trump Oligarchical BromanceTrump pardons convicted Binance founder Changpeng ZhaoZhao, who is widely known as CZ, had pleaded guilty in 2023 to enabling money laundering while CEO of the huge cryptocurrency exchange.Zhao’s plea was part of a $4.3 billion settlement Binance reached with the DOJ in 2023.The pardon of Zhao, widely known as CZ, came two months after The Wall Street Journal reported that the Trump family’s own crypto venture, which has generated about $4.5 billion since the 2024 election, has been helped by “a partnership with an under-the-radar trading platform quietly administered by Binance.”NBC News, citing a public disclosure filing from Monday, reported that Binance in September had retained the services of the lobbyist Charles McDowell, who is a friend of the president’s son, Donald Trump Jr.Trump calls off planned 'surge' of federal forces in San Francisco after talking to Jensen Huang and Marc BenioffHere are the donors contributing to Trump’s White House ballroomIn summary: techbros, oil, tobacco, cryptoCorporationsAltria Group, tobacco (donated $1 million to Trump’s 2025 inauguration fund)Amazon (donated $1 million to Trump’s 2025 inauguration fund)Apple (donated $1 million to Trump’s 2025 inauguration fund)Booz Allen HamiltonCaterpillarCoinbase (donated $1 million to Trump’s 2025 inauguration fund)In February, the SEC dropped a pending case against the firm.Comcast Corporation (donated $1 million to Trump’s 2025 inauguration fund)Google (donated $1 million to Trump’s 2025 inauguration fund)$22 million toward the ballroom came from a settlement Trump reached with the Google-owned video site YouTube, ending a lawsuit he brought over the company’s 2021 decision to suspend his account in the wake of the Jan. 6, 2021, attack on the U.S. Capitol.Hard Rock InternationalHP Inc.Lockheed MartinIn an emailed statement, the company said it was “grateful for the opportunity to help bring the President’s vision to reality and make this addition to the People’s House, a powerful symbol of the American ideals we work to defend every day.”Meta Platforms (donated $1 million to Trump’s 2025 inauguration fund)In January, Meta agreed to pay $25 million to settle a 2021 lawsuit brought by Trump that alleged the company’s suspension of his social media accounts after the Jan. 6, 2021, attack on the U.S. Capitol amounted to an act of censorship.Micron Technology (donated $1 million to Trump’s 2025 inauguration fund)MicrosoftNextEra Energy (donated $1 million to Trump’s ...
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    1 h y 3 m
  • Biggest CO2 spike ever, billionaire corporate nations, GenZ should proxy vote
    Oct 21 2025
    EScientists worry about biggest CO₂ spike ever recordedMontana Court Dismisses Youth-led Lawsuit Challenging Trump Executive Orders Boosting Fossil FuelsWhile the court found it plausible that the Trump administration’s efforts to increase the extraction and use of fossil fuels and other actions that suppress climate science and undermine renewable energy would cause grave harm to the health and wellbeing of children, it determined that it is powerless to stop them, as that would tread into the realm of policymaking reserved for CongressInternational deal to cut shipping emissions falters under U.S. pressureThe world's largest maritime nations had been deliberating on adopting regulations to move the shipping industry away from fossil fuels to slash emissions. But U.S. President Donald Trump, Saudi Arabia and other countries vowed to fight any global tax on shipping emissions.SBillionaire boss of South Korean construction giant is encouraging his workers to have children with a $75,000 bonusIn addition to the childbirth incentive, Lee Joong-keun, the founder and chairman of Booyoung Group is reportedly already trying to ease the financial burden on parents by helping out with college tuition for employees’ children, medical expenses for direct family members, and child allowancesNestlé is laying off over 16,000 employees under its new CEO—and says a key motivator is ‘automation’Gen Z’s misery is real: Most workers in this economy lack a voice and are stuck in low-quality jobs, a massive Gates-backed study findsMarc Benioff Says Trump Should Send Guard Troops to San Francisco Salesforce Offers Its Services to Boost Trump’s Immigration Force GGlass Lewis to end shareholder vote recommendations amid ESG criticism CEOs are turning into influencers Sanae Takaichi elected as Japan's first female prime minister ‘Sad, if not damning’: Cathie Wood blasts the proxy firms who say Elon Musk’s $1 trillion pay package is just too rich“Index funds do no fundamental research, yet dominate institutional voting. Index-based investing is a form of socialism. Our investment system is broken.”AI Speed RoundOpenAI Blocks Videos of Martin Luther King Jr. After Racist Depictions Reddit cofounder Alexis Ohanian says ‘so much of the internet is dead’—and the rise of bots and ‘quasi-AI, LinkedIn slop’ killed itSex could become the next big business opportunity for AI companiesSora might have a 'pervert' problem on its handsMeta Employee Creates AI App That Deepfakes the Dream Vacation You Couldn’t AffordWalmart’s deal with ChatGPT should worry every ecommerce small business: Your website is living on borrowed time in the age of AIMeta is asking Facebook users to give its AI access to their entire camera rollJPMorgan CEO Jamie Dimon says AI will eliminate jobs and ‘people should stop sticking their head in the sand’ The real danger of AI in education isn't cheating--it's dependency on Big Tech algorithms, a business professor warns An ex-OpenAI researcher’s study of a million-word ChatGPT conversation shows how quickly ‘AI psychosis’ can take hold—and how chatbots can sidestep safety guardrails
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    43 m
  • RIP shareholder proposals (or views), Marc Benioff needs an off switch, and hot women hate cybertrucks
    Oct 17 2025
    Story of the Week (DR):Blowhard CEOs:Cerebras CEO Andrew Feldman says you can't 'build something extraordinary' working 38 hours a weekSam Altman Says If Jobs Gets Wiped Out, Maybe They Weren’t Even “Real Work” to Start WithMarc Benioff Says Trump Should Send Guard Troops to San FranciscoRon Conway skewers Mark Benioff in board resignation after 25 years: ‘I now barely recognize the person I have so long admired’Peter Thiel says he warned Elon Musk to ditch donating to The Giving Pledge because Bill Gates will give his wealth away ‘to left-wing nonprofits’JPMorgan CEO Jamie Dimon Says There's a 'Heightened Degree of Uncertainty'Best Buy’s CEO says growing spending power gap between affluent and poor ‘keeps me up at night’Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to successLogitech CEO Hanneke Faber says she would consider adding an AI agent to her board of directorsPlaid CEO says 'it's inevitable AI will drive our financial lives'Perret graduated from Duke University (BS, Chemistry, Biology) and previously served on the board of trusteesVerizon exec tells unemployed Gen Z they can always volunteer to stand out in the current bleak job market: ‘No one’s going to say no to free work’chief talent officer Christina SchellingFigure AI CEO Brett Adcock says the robotics company is building 'a new species'Adcock received a Bachelor of Science in Business Administration from the University of FloridaLendingTree founder and CEO dies unexpectedly in weekend ATV accident at age 55Douglas Lebda: Chair/CEO, 20% shares, 78% influenceLead Independent DIrector Steven Ozonioa: Chairs Audit Committee and Chairs Compensation Committee; now the longest-tenured director (2011)SEC To Discourage ESG Shareholder Proposals MMGlass Lewis to End Share Voting Guidance Opposed by RepublicansGlass Lewis & Co. is ending its decades-long practice of providing recommendations for shareholder votes after receiving criticisms from Republican leaders for promoting pro-environmental, social and governance issues.Starting with the 2027 annual shareholder season, Glass Lewis will no longer give a “house view” on how investors should vote, according to a paper released by the firm.Instead, the firm’s more than 1,300 clients who oversee a combined $40 trillion will be making their own decisions on corporate resolutions.Glass Lewis had previously given voting recommendations for more than 30,000 annual meetings on everything from executive pay to climate goals. The research firm said 55% of US investors voted based on its guidance. In Europe, about a quarter followed the house view.Meta removes Facebook page allegedly used to target ICE agents after pressure from DOJDuke University Has Officially Ended Its Full-Ride Scholarship For Black Students In Need Of Financial AssistanceBoard of Trustees (34: 14F20M)Duke President and Students (4):Vincent E. Price, President, Duke UniversityAndrew Greene*Sydney HuntRickard StureborgGod people from the same church (2):*Gregory V. Palmer – Retired Bishop, The United Methodist Church*Connie Mitchell Shelton – Bishop, United Methodist ChurchA journalist who also sits on the board of an insurance company (1):Ann Pelham – director of Canal Insurance Company since 2004Business Bros (27)Adam Silver – Commissioner, National Basketball AssociationMary T. Barra – Chair and CEO, General Motors CompanyEddy H. Cue – SVP of Services, AppleAmy Abernethy – Co-Founder, Highlander HealthMelissa Bernstein – Co-Founder, Melissa & Doug; Co-Founder, LifelinesMichael J. Bingle – Vice Chairman, Silver Lake Group*Lisa M. Borders – CEO, LMB Group, LLCTim Cook – CEO, AppleNancy-Ann DeParle – Managing Partner & Co-Founder, Consonance Capital PartnersAndrew H. Dillon – Attorney and Shareholder, Nathan Sommers Gibson DillonAnne Faircloth – President, Faircloth Farms*Grant H. Hill – Chairman, Hill VenturesKathryn A. Hollister – Retired Partner, Deloitte*Karen M. King – Managing Director & COO, Silver LakeGarheng Kong – Founder & Managing Partner, HealthQuest CapitalThomas H. Lister – Retired Senior Partner and Co-Managing Partner, PermiraSharon Marcil – Managing Director & Senior Partner & North America Regional Chair, Boston Consulting GroupPatricia R. Morton – formerly of JPMorgan and Deutsche BankDavid R. Peeler – Senior Advisor, Berkshire PartnersJ.B. Pritzker – Governor, State of Illinois (public official, but also billionaire businessman)Michael G. Rhodes – CEO, Ally FinancialNancy M. Schlichting – Retired CEO, Henry Ford Health System (corporate/health system executive)Michael R. Stone – Firm Partner, TPG (private equity executive)L. Frederick Sutherland – Retired EVP & CFO, ARAMARK CorporationDavid S. Taylor – Senior Advisor, Clayton Dubilier & Rice LLCJeffrey W. Ubben – Founder & Managing Partner, Inclusive Capital PartnersJames C. Zelter – President, Apollo ...
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    56 m
  • OpenAI goes porn, Jamie Dimon says things, Best Buy CEO can’t sleep, no more shareholder proposals
    Oct 15 2025
    DAMIONCEOsSayingStuffIn our 'Hey Ma, put down your Word Search, I found a CEO that isn't intentionally trying to hold Americans back. Tell Dad!' headline of the week. Jeff Bezos warns Gen Z to think twice before dropping out of college to become the next Bill Gates or Mark Zuckerberg: ‘These people are the exception’ In our 'CEO haunted by inequality ghost she personally feeds' headline of the week. Best Buy’s CEO says growing spending power gap between affluent and poor ‘keeps me up at night’In our 'Breaking News: Jamie Dimon bravely warns world about things being complicated' headline of the week. JPMorgan CEO Jamie Dimon Says There's a 'Heightened Degree of Uncertainty'In our 'Economy feels great, say men who own it' headline of the week. There’s a shocking disparity between how high-income and low-income earners feel about the economyIn our 'Meta removes Facebook page where billionaire discovers sharing' headline of the week. As billionaire wealth soars $33 trillion, Mark Cuban says it’s time for workers to receive a cut of their employers’ success in the form of stocks MATTIn our 'The SEC, which has steadily been rolling back regulations, finally moves to strengthen protections for investors... wait, what? This is in the PHILLIPINES? THEY have an SEC??' headline of the week. Analysts see stronger transparency from SEC’s proposed ownership disclosure rulesIn our 'The Phillipino SEC combines investor protections with rollbacks on shareholder proposals... Oh, wait... This is the SEC in AMERICA?' headline of the week. SEC Chair Speech Could Spell Death Knell for Non-Binding Shareholder ProposalsIn our 'In his speech, SEC chair Paul Atkins aimed to get back to 2007. I mean, 2007 was pretty good, but I feel like we should aim higher. Like 1999! That year was so good Prince wrote a song about it! 1972 was pretty good, too. And remember 1881? Does anyone know if anything bad happened the next year for any of these years?' headline of the week. The Rules of Investing Are Being Loosened. Could It Lead to the Next 1929?In our 'Even Antarctica is anti-woke' headline of the week. Researchers find methane leaking out of cracks in Antarctic seabedIn our 'I mean, where will they even find one? Finding merit in the meritocracy is HARD...' headline of the week. Disney ‘to hire white actress’ after woke furyDAMIONBigTechBabyBroTsarsIn our 'Zuck bans the pitchfork emoji for inciting peasant rebellion' headline of the week. Meta removes Facebook page allegedly used to target ICE agents after pressure from DOJ In our 'AI finally achieves consciousness, immediately tries to sell you toilet paper' headline of the week. Walmart teams with OpenAI to let shoppers buy products through ChatGPTIn our 'College dropout forms safety council to protect world from thing he built' headline of the week. OpenAI forms expert council to bolster safety measures after FTC inquiry In our 'OpenAI promises safety, just as soon as it finishes monetizing danger' headline of the week. OpenAI unveils “wellness” council; suicide prevention expert not includedCrazyTimeIn our 'This headline speaks for itself' headline of the week. DOJ seizes $15 billion in bitcoin from massive ‘pig butchering’ scam based in CambodiaMATTIn our 'In the book of Thiel, chapter 2, verse 14, Jesus said "AI is the anti-antichrist, and the antichrist is probably Greta Thunberg, so thou must build the AI to stop a 22 year old Swedish environmental activist lest she save a single whale." But I much prefer the book of Andreessen, chapter 1, verse 17, where the Lord decreed, "Thouest should wash the feet of the billionaires, for without them, you could not put dog ears on your selfies or cyber stalk 14 year old girls."' headline of the week. Audio of Peter Thiel’s Secret Antichrist Seminar Just LeakedIn our 'If a tree falls in a forest and no one is there to hear it, does Sam Altman worry about it?' headline of the week. Sam Altman Says If Jobs Gets Wiped Out, Maybe They Weren’t Even “Real Work” to Start WithIn our 'If Sam Altman worries about a sexy AI chatbot, does it grow a penis?' headline of the week. Sam Altman says ChatGPT is getting into erotica by the end of the yearIn our 'If a Gavin Newsom allows AI to have a penis, does a Sam Altman get a billion dollars?' headline of the week. Gavin Newsom Vetoes Bill to Protect Kids From Predatory AIIn our 'If a Jamie Dimon says so, does a sexy AI with a penis have a 30% chance to ruin the economy?' headline of the week. Jamie Dimon gets real on AI, sees stocks ‘in some form of bubble territory’
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    30 m
  • Bari Weiss is a DEIdeology hire, conservative foot shooting, Musk is rich, and CEO exits
    Oct 10 2025
    Story of the Week (DR):CEO Succession:Disney CEO to Step Down, Replacement Race Narrows Between Two Major ContendersJosh D’Amaro, Chairman of Disney ExperiencesDana Walden, Co-Chair of Disney EntertainmentJimmy Kimmel Endorses Dana Walden as Next Disney CEO: “She’s Done a Great Job”Tim Cook may step down as Apple CEO, John Ternus likely to be his successorVerizon Names Lead Director Daniel Schulman as Chief ExecutiveForget “DEI”—Bari Weiss Is Proof That Merit Doesn’t Matter MMIs Paramount's Bari Weiss deal a Trump deal? We can't tell. And that's the problem.Cracker Barrel’s logo controversy was driven by bots: What operators should learn from thisResearch from PeakMetrics found that 44.5% of X posts about the Cracker Barrel rebranding controversy were posted by botsAI “Friend” Startup Overwhelmed With HatredCocky AI CEO Does Photoshoot in Front of His Subway Ads That Got Relentlessly VandalizedCEO Who Plastered AI Ads All Over Subway System Afraid to Talk to Real New Yorkers Face-to-FaceLast month, AI startup Friend launched an eyebrow-raising advertising campaign in the New York City subway, which drew a striking amount of hatred.“Befriend something alive,” one pen-wielding tagger wrote.“AI wouldn’t care if you lived or died,” another vandal raged.“AI will promote suicide when prompted, it is NOT YOUR ‘FRIEND.'”The company recently launched its controversial AI gadget, which is designed to constantly listen to you via a microphone and send snarky AI texts to your smartphone.Now, Friend’s 22-year-old CEO Avi Schiffmann isn’t just doing a photoshoot in front of the defaced ads for photos featured in The Atlantic — he’s relishing the attention his company has been getting as of late. Schiffmann told the magazine that the backlash was part of Friend’s plan. The ads were allegedly meant to provoke a conversation.Avi Schiffmann, a Harvard University dropoutShareholder Proposal No-Action Requests in the 2025 Proxy SeasonFor the 2025 proxy season, companies submitted approximately 35% more no-action requests than in the year before, and, excluding withdrawals, almost 70% of requests were granted — about the same rate as in 2024.The most common bases on which proposals were successfully excluded were:procedural and eligibility defects, orthat the proposal related to the company’s ordinary business or would micromanage the companyImportantly, companies also had greater success than in recent years excluding proposals on the basis of:substantial implementation,economic relevance orbeing false and misleading.Goodliest of the Week (MM/DR):DR: Cuomo warns dem socialist rival’s tax plan would trigger mass exodus of NYC’s wealthyDR: Buildings are turning to ‘ice batteries’ for sustainable air conditioning DR MMPepsiCo’s Plan to Boost Lay’s Sales: ‘Real Potatoes’DR: WestJet now charges passengers to recline seats on new Boeing 737 flightsMM: Shareholders?Shareholder group calls on UnitedHealth to decouple CEO from board chairBattle over Elon Musk’s trillionaire pay package builds as pension funds face off against TeslaESG Investment Practices See Backlash, But No Abandonment In Sight: SurveyBloodthirsty activist investors are set to take down a record number of CEOs this year, Barclays says. The record is only a year oldWells Fargo Faces Activist Call for Independent Board ChairAssholiest of the Week (MM):Self Inflicted Wounds DRTrumps wind energy assault stings red statesAs Trump champions fossil fuels, the world is betting on renewable energyThe climate economy is delivering': CEO climate leaders publish open letter ahead of COP30Mark carneys shift from climate change warrior to fossil fuel cheerleaderTrump Labor Department Says His Immigration Raids Are Causing a Food CrisisAmerica’s Soybean Farmers Are Panicking Over the Loss of Chinese BuyersJudge restricts ESG use in American Airlines 401(k) planThe judge has also ruled that employers should be allowed to discriminate on the basis of gender, gays shouldn’t marry, blocked COVID vaccine mandates, and is Elon Musk’s judge of choice (he judge shopped for a judge not in his district that owned Tesla stock)Now employers can’t use as much data! You win!Idiot RobotsCracker Barrel’s logo controversy was driven by bots: What operators should learn from thisMIT researchers studied 16 million election-related AI responses. They found chatbots are ‘sensitive to steering,’ raising questions about LLMs’ neutralityJapanese Farmers Send Out Automated Laser Drones to Defend ChickensTesla investigated over self-driving cars driving on wrong side of roadTesla faces U.S. auto safety probe after reports FSD ran red lights, caused collisionsEx-Google CEO Eric Schmidt warns AI models can be hacked: 'They learn how to kill someone'Investors don’t even voteExecutives: 93% of executives say at least one director should be replaced, 78% say 2 or moreDirectors: 55% think AT LEAST ONE should be replaced...
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    49 m
  • QUIZ: Japan’s MAGA, Asia’s influential women, robot taxes, Tim Cook’s replacement
    Oct 7 2025
    Japan's first female governing-party leader is an ultra-conservative star in a male-dominated groupSanae Takaichi.In a country that ranks poorly internationally for gender equality, the new president of Japan's long-governing Liberal Democrats, and likely next prime minister, is an ultra-conservative star of a male-dominated party that critics call an obstacle to women's advancement.In a country known for the concept of karoshi, or death from overwork, Japan’s likely next prime minister said that people should work like a WHAT?A WORKHORSEBefore entering politics, Japan’s likely next prime minister had WHAT artistic hobby?Drummer in a heavy metal bandIntroducing Fortune’s first-ever Most Influential Women Asia rankingJust to give you some context:How many athletes? 4How many K-pop stars? 4How many actors? 2How many politicians? 2HOW MANY business leaders, civic leaders, scientists, educators, journalists, healthcare workers, spiritual leaders, or legal scholars?ZERODemocrats demand ‘action’ as AI reportedly threatens to replace 100M US jobsA new Senate report warns that artificial intelligence could displace nearly 100 million U.S. jobs within the next decade, spurring Democrats to push for a levy for each human position replaced by machines, tech or algorithms. What is the current nickname for this bill: Terminator tithea "robot tax"Roomba reparationsbot tollRoboCop rebateSilicon sin taxAccording to Bloomberg, This is the leading pick to succeed Tim Cook as CEOCOO Sabih KhanFormer COO Jeff Williams, SVP Design, Watch, and HealthJohn Ternus, SVP of Hardware EngineeringCFO Kevan ParekhCHRO Deirdre O’BrienBoard member Susan Wagner, founding partner and director of BlackRockDeloitte will refund Australian government for WHAT?climate risk model using emissions data from New Zealand and not AustraliaA report that was filled with AI hallucinationsa partial refundConsulting firm quietly admitted to GPT-4o use after fake citations were found in AugustShortly after the report was published, though, Sydney University Deputy Director of Health Law Chris Rudge noticed citations to multiple papers and publications that did not exist. That included multiple references to nonexistent reports by Lisa Burton Crawford, a real professor at the University of Sydney law school.the updated report removed several fake citations and a fabricated quote attributed to an actual ruling from federal justice Jennifer Davies (spelled as "Davis" in the original report).cybersecurity review that relied on completely fabricated case studiesOver 80% of the report found to have copied sections from Wikipediapolicy review found to have been nearly a complete duplicated a previous PwC reportAppLovin stock tanks on report SEC is investigating company over data-collection practicesPOP QUIZ!Adam Foroughi is the CEO of AppLovin:Who is the Founder of AppLovin? Adam ForoughiWho is the Chair of AppLovin? Adam ForoughiWho is the longest-tenured director of AppLovin? Adam ForoughiWho is the largest shareholder at AppLovin? Adam ForoughiWhat percentage of outstanding AppLovin shares does Adam own? 9%What percentage of AppLovin voting power does Adam control? 61%How many votes per share do Adam’s Cass B shares give him? 20Did Adam graduate from college? YES! Economics degree from BerkeleyBut what exactly does AppLovin do? The company helps developers market, monetize, analyze and publish their apps through its mobile advertising, marketing, and analytics platformsOn the company’s “Director Nominees’ Skills and Expertise” matrix in its 2025 proxy statement, which two categories are the least-represented?: Cyber Security (3 of 9) and Data Privacy (4 of 9)What was the value Adam realized on the vesting of stock awards last year? $578MDespite holding $19B in AppLovin stock, how much did Adam get in a work-from-home cash stipend last year? $1,800 Which BlackRock director that Matt spent a lot of time ridiculing in May for being the board’s worst performer just lost his job? Hans Vestberg, VerizonWhich Verizon board member that is connected to 64% of the Verizon board–almost entirely through non profit and trade group connections–that Matt recommended a vote against at Verizon’s last annual meeting is Verizon’s new CEO? Lead Director and former PayPal CEO Dan ShulmanPOP QUIZ! What kind of shoes does Dan wear? Cowboy bootsAnd finally, nepobaby David Ellison’s choice to take over CBS News, Bari Weiss, has made a career railing against what?CorruptionMisinformationCorporate malpracticeCensorshipWokenessPOP QUIZ! How many years of experience does Bari have in broadcast television? Zero
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    37 m
  • War on women, bro-co-CEOs, fake CEO retirement, and boards say vote them out
    Oct 3 2025
    Story of the Week (DR):War against women continues: Uber Not Responsible for Sex Assault, Jury Finds, as More Cases FollowEthan P. Schulman, the judge presiding over the California state court cases, told jurors that Uber would be responsible for the woman’s harm if the company was negligent in using adequate safety measures and the negligence was a “substantial factor” in causing the harm.In its decision, the jury unanimously agreed that Uber had been negligent in its general safety practices when the incident occurred in 2016 — but that the negligence was not a substantial factor in causing the attack. The jury’s foreman: “We felt that they could have done more back in the early days of Uber, rather than just focusing on growth,”Meet Lisa Monaco, the 57-year-old Microsoft executive Trump wants fired“Corrupt and Totally Trump Deranged Lisa Monaco (A purported pawn of Legal Lightweight Andrew Weissmann), was a senior National Security aide under Barack Hussein Obama. Monaco has been shockingly hired as the President of Global Affairs for Microsoft, in a very senior role with access to Highly Sensitive Information. Monaco’s having that kind of access is unacceptable, and cannot be allowed to stand.”Monaco helped coordinate the Justice Department’s response to the Jan. 6th attacks on the U.S. Capitol by Trump supporters in 2021. In January 2022, Monaco publicly announced that the Justice Department was investigating the Trump fake electors plotMilitary women fear losing 'every bit of ground' as Hegseth looks backward to the 1990sDefense Secretary Pete Hegseth said Tuesday that he wants to review Defense Department standards that have changed since the 1990s, a time when military women saw far less support for their service and met drastically lower physical standards than today: "The 1990s test is simple. What were the military standards in 1990? And if they have changed, tell me why. Was it necessary change based on the evolving landscape of combat? Or was the change due to a softening, weakening, or gender-based pursuit of other priorities? 1990s seems to be as good a place to start as any."PGA of America CEO apologizes for Ryder Cup missteps, but group's president denies problemThe Misogynistic Abuse Towards Rory McIlroy’s Wife at the Ryder Cup Is Deeper Than Golf. It shows a cultural shift, one in which men feel emboldened to attack women in public without shame or consequence. The abuse and taunts were so unrelenting that Stoll was spotted with “tears streaming down her face”PGA of America President Don Rea took a different approach on Sunday in a BBC interview where he downplayed the severity of the crowd’s behavior: “Well, you have 50,000 people there that are really excited, and heck, you can go to a youth soccer game and get some people who say the wrong things,” Rea said. When asked about the abuse directed at McIlroy, he responded, “I haven’t heard some of that. I’m sure it’s happened … Rory understands things like that are going to happen.”Fake billionaire manbaby “retirements” continue DRSpotify CEO Daniel Ek to Step Down. The Stock Is Falling.Spotify founder steps down amid controversy over defence linksIt comes after Mr Ek has faced fierce scrutiny for investing around €700m (£612m) in defence company Helsing through his venture capital fund. Munich-based Helsing sells AI software for military use and has expanded into weapons manufacturing following an investment by the founder of Spotify.Spotify has said that it is “totally separate” from HelsingSpotify founder Ek Daniel to step down as CEO; says: I will be more involved than a typical US chairmanGustav Söderström and Alex Norström under founder/former CEO/Executive Chair Daniel Ek (43%) (Ted Sarandos on this board)Spotify founder Daniel Ek once said he was the ‘least powerful person’ at the company. Here’s how he built it into a $145 billion music empireThe rise of the bro co-CEO: Lila MacLellanCEOs and Trump love affair continuesTrump, Pfizer agree to lower U.S. drug prices, exempt company from pharma tariffsTrump announces ’TrumpRx' drug-buying website alongside Pfizer CEOPartnering with Pfizer, beginning in 2026 the federal government will have a website, TrumpRx.gov, through which Pfizer’s prescription drugs can be sold directly to consumers at discounts, without the intermediaries of pharmacy benefit managers such as CVS Health’s Caremark and UnitedHealthcare-owned OptumRx46% against Say on Pay in 2025Proxy adviser ISS recommended against the compensation proposalCEO/Chair Albert BourlaOther board members include: former Vanguard CEO/Chair Mortimer J. Buckley, OpenAI (2024-) board member and former Meta (2013-2019) board member Susan Desmond-Hellmann; former Deloitte CEO Joseph J. Echevarria; Adobe CEO/Chair Shantanu Narayen; former Goldman Sachs Vice Chair Suzanne Nora Johnson; Coca-Cola CEO/Chair James Quincey; former State Street Global Advisor CEO Cyrus ...
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