Women and non-white men hold 50.2% of over 5,500 board seats at S&P 500 companies, for the first ever, according to data compiled for Bloomberg by ISS-Corporate. Compared to five years ago, white men comprised nearly 60% of the directorships. This is significant as President Donald Trump has caused a DEI purge in the country. “It’s amazing that the shift in boards is occurring at the same time DEI is being dismantled in lots of organizations,” said David Larcker, a professor who studies corporate governance at Stanford Graduate School of Business.
Telkom has reportedly dropped Netflix Inc – meaning the app will no longer be available on the South African phone and internet company’s set-top box from October. Content Executive Wanda Mkhize announced that a deal between the parties had ended and would not be renewed. But other content partnerships will be announced in due course; she told Bloomberg. It’s not clear whether Netflix has plans to build a different route to consumers and existing subscribers in South Africa now that its relationship with Telkom has ended. The media has been