A stunning legal development has hit the sports world, with a federal grand jury indicting veteran sports executive Timothy Leiweke. He is accused of orchestrating a bid-rigging conspiracy for the $388 million Moody Center at the University of Texas. The indictment against the former president of the Denver Nuggets and MLSE CEO highlights the significant legal risks that accompany high-stakes business deals.
Prosecutors allege that...
Linda Yaccarino's two-year tenure as CEO of X, now concluded, highlights an unresolved advertiser dilemma and her losing battle to restore revenue, largely due to Elon Musk's disruptive influence. Hired in May 2023 specifically to repair relationships with advertisers after Musk's chaotic acquisition of Twitter, Yaccarino found her efforts undermined from day one. Musk's antisemitic tweet and his infamous "Go fuck yourselves" to advertisers,...