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Verizon claims it got threats from Byron Allen, owner of the Weather Channel, over alleged race discrimination
New York Post· 2025-07-23 20:08
Core Viewpoint - Verizon is facing threats of legal action and a potential smear campaign from Byron Allen, a media mogul, after the company reduced its advertising budget with his media group, Allen Media Group (AMG) [1][5][10]. Group 1: Legal Threats and Advertising Budget - Byron Allen has threatened to sue Verizon for alleged racial discrimination after the company backed out of a $15 million annual advertising deal with AMG [1][10]. - Verizon claims that the threats from Allen and AMG are baseless and represent an attempted shakedown [4][5]. - The company plans to reduce its advertising spending with AMG by 30% in 2025 and 2026, bringing the budget down to $5 million from $15 million [10][11]. Group 2: Historical Context and Partnerships - Verizon and AMG previously collaborated on a diversity, equity, and inclusion initiative aimed at increasing media spending in Black-owned media companies [12][13]. - Allen has a history of suing major media companies for racial discrimination, having recently settled a $10 billion lawsuit against McDonald's [16][18]. - The political climate has shifted, impacting DEI programs, as seen in Verizon's agreement to end its DEI initiatives during its merger with Frontier Communications [15].
Psycology of Attention | GULSAH ERGUN | TEDxBITSPilaniDubai
TEDx Talks· 2025-07-23 15:27
Attention in Sales and Finance - Attention is a limited resource shaped by emotions, personal relevance, and threat/novelty [5][6] - In sales, attention is the first and fiercest battleground; salespeople must understand and adapt to the attention style of their audience [6][7] - The finance industry shapes markets with attention, using data-driven analysis and relational data to spot future trends [7][8] Gender Differences in Attention - Men and women perceive the same scene differently, with women often focusing on emotional aspects and men on factual details [11] - Men tend to use a "spotlight" approach to attention, focusing deeply and zoning out distractions, while women use a "lantern" approach, scanning the environment and multitasking [12][13] Impact of the Digital World - The digital environment hijacks attention through cognitive profiling, tracking user behavior to monetize focus [18][19] - Women tend to engage with story-based content, while men prefer task and information-based content [20] Strategies for Managing Attention - Individuals need to be aware of how and why they pay attention and practice flexibility in switching between different attention styles [21] - Embracing diversity in attention styles brings balance, innovation, and understanding [22][23]
X @The Wall Street Journal
The Wall Street Journal· 2025-07-17 22:00
Government Regulation - The White House is preparing an executive order targeting tech companies with "woke" artificial-intelligence models [1] - The executive order is part of an effort to target diversity, equity, and inclusion initiatives [1]
Calian Receives Dual Recognition for Excellence and Culture from Iconic Media Brands
Globenewswire· 2025-07-15 17:20
Core Insights - Calian Group Ltd. has been recognized by TIME Magazine as one of Canada's Best Companies and by Forbes as one of Canada's Best Employers for Company Culture, highlighting its commitment to excellence and a positive workplace environment [1][2][3] Company Performance - The recognitions reflect Calian's strong performance metrics over the past three years, including employee satisfaction, revenue growth, and sustainability transparency [3] - The company has a global team of 5,000 employees who contribute to its success and community impact [3][4] Company Culture - Calian emphasizes the importance of its employees, stating that they are the backbone of the company and crucial for its high performance and innovation [4] - The company focuses on diversity, equity, inclusion, and belonging to enhance its workplace culture and better serve its communities [4] Industry Position - Calian is positioned as a leader in delivering mission-critical solutions across the defence, space, and healthcare sectors, showcasing its momentum in these strategic industries [2][3] - The company aims to combine purpose with progress as it continues to grow and innovate [3] Company Overview - With over 40 years of experience, Calian provides mission-critical solutions that empower organizations in critical industries to manage risks and drive progress [6] - The company is headquartered in Ottawa, Canada, and is trusted worldwide for its tailored solutions that address complex challenges [6]
'Lost their identity': Why Target is struggling to win over shoppers and investors
CNBC· 2025-07-15 11:00
Core Insights - Target is experiencing a decline in customer loyalty and sales, attributed to inventory issues, a shift in brand identity, and changes in diversity and inclusion policies [2][3][5] Group 1: Customer Experience and Loyalty - Customers report a significant decline in their shopping experience at Target, with issues such as out-of-stock items and less friendly staff contributing to reduced visits [2][6][32] - Target's market cap has dropped from approximately $129 billion in July 2021 to about $47 billion, indicating a loss of consumer interest [15] - The company has lost market share to competitors like Walmart, with data showing that many former Target customers are now shopping at Walmart and other retailers [28][29] Group 2: Business Performance and Strategy - Target's annual revenue has stagnated for the past four years, and the company expects sales to decline this year [3][4] - The retailer's inventory issues have persisted post-pandemic, with inventory up 11% year-over-year, leading to markdowns and canceled orders [31] - Target is attempting to revamp its business by launching an Enterprise Acceleration Office and focusing on digital sales, which have increased significantly during the pandemic [12][38] Group 3: Leadership and Corporate Culture - The company is at a leadership crossroads, with CEO Brian Cornell's future uncertain as he is set to remain in his role until at least 2025 [8] - Former employees have noted a decline in corporate culture and employee morale due to cost-cutting measures and a shift away from diversity initiatives [6][42] - Target's rollback of diversity and inclusion efforts has alienated some customers and employees, impacting brand loyalty [45][61] Group 4: Market Competition and Economic Factors - Target faces stiff competition from retailers like Walmart, which have adopted more fashion-forward private brands and expanded their offerings [27] - The company has been forced to cut prices on thousands of items to remain competitive amid high inflation and economic uncertainty [25][24] - Analysts indicate that Target's struggles are not solely due to economic conditions but also stem from a loss of unique brand identity and customer connection [17][18]
X @TechCrunch
TechCrunch· 2025-07-13 14:32
Funding & Investment - UK launches a £500 million package to support diverse, underrepresented investors and founders [1] Diversity & Inclusion - The package aims to support diverse and underrepresented investors and founders [1] Industry Focus - The initiative focuses on the tech industry, supporting founders within this sector [1]
Skydance reportedly in talks to buy Bari Weiss' The Free Press — is CBS News role in her future?
New York Post· 2025-07-11 21:35
Core Insights - Skydance CEO David Ellison is in early discussions to acquire Bari Weiss's online news site, The Free Press, potentially to integrate her right-of-center perspective into CBS News following the approval of Skydance's merger with Paramount [1][5][4] Group 1: Company Developments - The Free Press was founded by Bari Weiss in 2021 after her departure from the New York Times, aiming to provide an alternative to left-leaning media [2][13] - The site has over 136,000 subscribers paying approximately $8 per month, with a total of around 1.5 million free and paid subscribers [16] - Skydance is awaiting Federal Communications Commission (FCC) approval for its $8 billion merger with Paramount Global, which has faced scrutiny over alleged liberal bias in CBS News [5][17] Group 2: Key Individuals - David Ellison has been in talks with Bari Weiss for several months regarding her potential role in shaping CBS News' editorial direction, although not in a managerial capacity [3][4] - Weiss has been vocal about her experiences with media bias and has created content addressing various controversial topics, including antisemitism and media trust issues [14][15] Group 3: Industry Context - The discussions between Ellison and Weiss are taking place against the backdrop of CBS News's ongoing challenges with its editorial direction and internal culture, which some sources describe as resistant to change [7][8][10] - The recent settlement of a lawsuit involving CBS News and President Trump highlights the network's contentious relationship with conservative figures and the implications for its editorial stance [6][12]
X @Bloomberg
Bloomberg· 2025-07-10 17:40
JPMorgan CEO Jamie Dimon said the Democratic Party went too far in its focus on diversity, equity and inclusion, prioritizing ideology over practical solutions https://t.co/yZhnITOd3Q ...
Our Differences Make Us Stronger | Alberta Amarachukwu Ihenacho | TEDxJewels Leading Lights Youth
TEDx Talks· 2025-07-10 16:28
Core Argument - The speech challenges the perception of unity and diversity as a paradox, advocating for a shift from mere coexistence to active participation and understanding [1][4] - It emphasizes that true unity requires conscious effort, detailed steps, and building bridges between individual cultures [6][7] - The speech proposes a three-step approach to achieving unity in diversity: embrace, connect, and harness [13] Cultural Identity and Diversity - Embracing one's culture is presented as the initial step towards unity, suggesting that reluctance to connect with one's own identity can hinder progress [7] - The speech highlights the importance of individuals carrying their cultural identity with pride and integrating their heritage into their lives [6] - Diversity is not about sameness but about shared purpose and the roles individuals play in each other's lives [10][11] Unity and Progress - History demonstrates that progress in various fields, such as science, arts, and technology, results from collaborative efforts across cultures [8] - Harnessing diversity to its fullest potential can lead to significant achievements and redefine what is achievable [9] - The speech suggests focusing on shared human experiences, such as stories, struggles, dreams, and the desire for understanding, rather than fixating on differences [12]
The Future of DEI in Finance
Bloomberg Originals· 2025-07-10 16:01
What do you guys make of this backlash like the DEI push back there has been. What does that look like from where you sit. I think there's this sort of lack of desire to have um you know formulas and regulations around some of this.But if you talk to most CEOs and boards, they're doing things because it's the right thing to do. So I think it's still really happening in the background. It's just probably lost a little bit of sort of like the steam and sort of the outward push that that that folks are being f ...