1. Disney's Video Streaming Plans Mean Twitter's Jack Dorsey and Facebook's Sheryl Sandberg Have to Leave its Board

    Disney's Video Streaming Plans Mean Twitter's Jack Dorsey and Facebook's Sheryl Sandberg Have to Leave its Board

    The CEO of Twitter and COO of Facebook are leaving Disney's board due to conflicts of interest, as Disney gears up to launch a digital streaming service to rival Netflix.

    On Friday, the entertainment giant announced that chief operating officer Sheryl Sandberg and chief exec Jack Dorsey will not not be seeking re-election to its board...

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    1. Given our evolving businesses and the businesses of Ms. Sandberg and Mr. Dorsey are in, it has become increasingly difficult for them to avoid conflicts relating to Boad matters, and they are not standing for re-election.
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