The SEC and the Justice Department are investigating HeadSpin, the mobile app testing company, over possible financial misrepresentations, said a person familiar with the matter. Headspin in August said it would return funding to shareholders after discovering financial irregularities that forced it to restate its financials. The investigations began in August after The Information reported ...
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HeadSpin Under Investigation by DOJ, SEC for Financial Misrepresentations
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The Real CNN Drama is Cable News' Growing Irrelevance
To paraphrase Tolstoy, each unhappy TV channel is unhappy in its own way. And as illustrated by the leadup to the Wednesday exit of CNN’s CEO, Chris Licht, the cable news channel hasn’t been a happy place lately. That’s not likely to change now that Licht is gone. Beyond the gossipy drama behind his departure is the reality that CNN and its corporate parent, Warner Bros. Discovery, are both...
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