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Anonymous ID: 12b402 April 7, 2019, 8:51 p.m. No.6092626   🗄️.is 🔗kun   >>2810 >>3003 >>3113 >>3160 >>3202

Nissan to dismiss Carlos Ghosn after nearly 2 decades of leadership

 

Nissan Motor Co. was poised to remove Carlos Ghosn from its board after it secures approval at a shareholders' meeting that started Monday, putting an end to nearly two decades of his leadership that saved the company from the brink of collapse and led to its re-emergence as one of the biggest global carmakers.

 

At an extraordinary shareholders' meeting, Nissan will propose the dismissal of Ghosn as a director, after ousting him as chairman following his arrest. Its two alliance partners, Renault SA and Mitsubishi Motors Corp., have said Ghosn will step down as director in June.

 

Nissan will also ask shareholders to approve the removal of Ghosn's close aide Greg Kelly as director and the appointment of Renault Chairman Jean-Dominique Senard as a board member, in the first such meeting since Ghosn and Kelly were arrested in November over alleged financial misconduct.

Ghosn's removal will mark a dramatic break for Nissan from the growth strategy pursued under his charismatic leadership and pose a challenge for its future success in an industry that is experiencing a rapidly changing competitive environment.

 

The new management team will start working on measures to enhance its corporate governance as an urgent task. A third-party committee has made proposals including tapping outside directors as board members and creating committees to oversee executive remuneration and appointments.

 

The committee said earlier in a report that "the primary root cause" of the alleged misconduct "was the concentration of all authority in Mr. Ghosn, including those regarding human affairs and compensation issues."

https://english.kyodonews.net/news/2019/04/bb28d9737563-nissan-to-dismiss-ghosn-after-nearly-2-decades-of-leadership.html

Anonymous ID: 12b402 April 7, 2019, 9:22 p.m. No.6092961   🗄️.is 🔗kun   >>2969 >>2977

UK To Fine Facebook, Google For Hosting Terrorist Content

 

The cat and mouse game between the world's largest media company and global governments continues.

 

Just days after Facebook CEO Mark Zuckerberg called for more government regulation in an attempt to mollify the company's growing critics, while seeking to squash smaller competitors as well as give governments a legitimate reason to enforce censorship and chip away at freedom of speech in order to comply with Facebook's mysterious "community standards", the company and its tech peers are facing a new UK law that will impose "substantial" fines, or even ban companies if they don’t act swiftly enough to remove content that encourages terrorism and child sexual exploitation and abuse.

 

Additionally, hinting that Facebook is now openly seen as a media empire instead of merely a distributor of content, the companies’ directors could also be held personally liable if illegal content is not taken down within a short and pre-determined time-frame, the UK's Home Office said, which is also seeking to tackle the spread of fake news and interference in elections.

 

In short: wholesale government censorship under the guise of cracking down on the private sector.

 

The exact level of fines will be examined during a 12 week consultation following the legislation’s launch on Monday, Bloomberg reported.

 

The crackdown on UK online content takes place amid the fallout from the case of 14-year-old Molly Russell, whose father said the teenager killed herself in 2017 after viewing self-harm and suicide content online. The terrorist attack in New Zealand last month in which 50 Muslims were killed while footage was live-streamed online also prompted UK legislators to demand a new law over a voluntary code.

 

“Put simply, the tech companies have not done enough to protect their users and stop this shocking content from appearing in the first place,” Home Secretary Sajid Javid said in a statement released by his office. “Our new proposals will protect U.K. citizens and ensure tech firms will no longer be able to ignore their responsibilities.”

 

The crackdown on internet content will spread far beyond just Facebook: search engines, online messaging services and file hosting sites will all fall under the remit of a new regulator. Annual reports on what companies have done to remove and block harmful content will be required and streaming sites aimed at children, such as YouTube Kids, will be required to block harmful content such as violent imagery or porn.

 

The latest, and certainly not last, crackdown comes one week after Zuckerberg called for “a more active role for governments and regulators." And, given the opportunity control the narrative and the dissemination of news at its source, governments and regulators are delighted to take advantage of this symbiotic offer.