Services
Disney Adds Twitter Founder to Board, Lowers Average Age
Published:
Last Updated:
At 36 years of age, Dorsey also becomes the youngest member of Disney’s board, snagging the honor from Facebook Inc. (NASDAQ: FB) chief operating officer Sheryl Sandberg, who is 42. Every other board member is at least 15 years Dorsey’s senior and most are 20 years older.
Dorsey and Sandberg are Disney’s connection to the Silicon Valley, a connection that CEO Robert Iger has fostered during his tenure. Dorsey and Sandberg now represent the two major Valley social media players on Disney’s board and that connection could stand the company in good stead as it copes with the fast-changing world of technology as it applies to content owners like Disney.
Disney has been quick to adopt various video streaming technologies that other content companies have avoided as they try to protect their licensing revenues. The strategy is risky, but Disney is hoping to steal a march on the rest of the industry and cement its position as both a technology and entertainment leader. Dorsey and Sandberg could well be the folks Disney needs to help the process along.
Disney stock closed at $73.27 today, up 1.2% in a 52-week range of $48.80 to $73.56.
Are You Still Paying With a Debit Card?
The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.
Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!
Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!
Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.