The WordPress parent company has a new board following days of upheaval and a failed effort to remove CEO Matt Mullenweg, according to TechCrunch.
A dispute over control of the Tata Group's future has drawn in senior figures at India's most prominent business empire.
Mark Davies and Andy Missan approved each other's severance agreements while Matt Mullenweg was temporarily away from the company, according to a TechCrunch report.
BBC News reports that a dispute has intensified within Tata Sons' boardroom over the reappointment of its chairman and a directive requiring the company to go public.
CNBC reports a power struggle is developing at India's Tata Group, a decade after its last major leadership upheaval.
The 96-year-old investor becomes chair emeritus, with son Howard Buffett taking over as chair in a long-planned succession.
The WordPress and Tumblr parent company said Matt Mullenweg is back as chairman and CEO with the full support of its board, following what TechCrunch reported was an attempted ouster.
An editorial argues that a UK consultation on corporate reporting favors shareholder interests over broader societal concerns.
A 12-week government consultation aims to cut red tape in corporate reporting, but critics warn that proposals affecting annual investor votes on executive pay could weaken shareholder oversight.