Apple steers clear of Republican convention, Zuck's big decision, and more news.
Photo by Marcio Jose Sanchez/Pool/Getty Images

Apple steers clear of Republican convention, Zuck's big decision, and more news.

 

Not all publicity is good publicity. Apple has reportedly pulled out of donating cash or technology for the Republican National Convention in July, as it had in years past for both parties. Politico's Tony Romm first reported the news, The New York Times also confirmed it. Many businesses are balking at the prospect of being associated with Donald Trump and are backing out of — or significantly downgrading their contributions to — the convention: Wells Fargo, Ford, Motorola, Walgreens, JPMorgan Chase, UPS, Microsoft, Coca-Cola... Most have done so quietly while a few, like Buzzfeed, have made it a statement. 

Mark Zuckerberg has a decision to make, too. Every board member is up for reelection at today's Facebook shareholder meeting. Among them is Peter Thiel, whose secret legal battle against Gawker is doing nothing to improve Facebook's reputation with freedom of information advocates. "It’s technically up for shareholder vote, but Zuckerberg owns more than 60 percent of Facebook’s total voting power. So it will be his call," explains Recode's Kurt Wagner.  

John called it. Finding Dory smashed the opening weekend box office record for an animated film, netting $136.2 million for Disney in the US and Canada. It's shaping up to be Disney's best year ever in film

India's calling it RRexit. Raghuram Rajan, the governor of the Reserve Bank of India who "has earned rockstar status in the financial industry," will not seek a second term in September. "He has been at the heart of a controversy ever since lawmaker Subramanian Swamy began a tirade against the economist for his 'anti Indian policies,'" my colleague Ramya Venugopal explains. His replacement will be closely watched as a sign of India's economic direction

Does Africa really not have a decent leader? The Mo Ibrahim Prize came up empty again this year. It was only awarded 4 times in its 10 years of existence and telecoms billionaire Mo Ibrahim does not intend to lower the bar. The prize rewards "leaders who came to power democratically and transparently, and then moved the country forward, made important key decisions which helped people, and bowed out gracefully at the end of his or her period, without ifs or buts.” Harder to find than it should be. The rest of the world shouldn't gloat, Ibrahim said: he couldn't have come up with five worthy leaders in Europe or Asia either

"There’s an issue about excellence in leadership, and that is not an African phenomenon. This is a global phenomenon."
-Mo Ibrahim

Taking a page of SpaceX's playbook. Jeff Bezos's space tourism company Blue Origin streamed its first live rocket launch, a popular social media staple for Elon Musk's SpaceX. The New Shepard rocket, on its fourth test flight, and its passenger capsule successfully reached space and returned to the West Texas desert for reuse.  

 

It's the decisive week in Europe. British voters will choose to remain in or leave the European Union at a Thursday referendum. Richard Branson started his own last-minute campaign to vote "in." Check out our UK channel for more points of view from European business leaders and add your voice with your own post. (Please include the hashtag #Brexit in the body of your post.)

Cover art: LeBron James of the Cleveland Cavaliers drives for a layup against the Golden State Warriors in Game 7 of the 2016 NBA Finals last night in Oakland, California. The Cavs won the game and their first NBA title, after being down 3-1 earlier in the playoffs. (Photo by Marcio Jose Sanchez/Pool/Getty Images)

Donald Taylor

MATE 1600T OCEANS

8 年

Good call?

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Michael Newman

Customer Service Rep for Product Knowledge, Trained New Employees, Upselling of Services and Products

8 年

Apple has reportedly pulled out of donating cash or technology for the Republican National Convention in July, as it had in years past for both parties. Politico's Tony Romm first reported the news, The New York Times also confirmed it. Many businesses are balking at the prospect of being associated with Donald Trump and are backing out of — or significantly downgrading their contributions to — the convention: Wells Fargo, Ford, Motorola, Walgreens, JPMorgan Chase, UPS, Microsoft, Coca-Cola... Most have done so quietly while a few, like Buzzfeed, have made it a statement. GOOD !!!!!!!!!!!!!!!!!!

OMG, the big corporations are pulling back their sponsorship of a political party! Wait... Is that bad?

Own ten Apple products, two Windows computers, will think twice about replacing with Apple based on their bias shown in this decision

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