Billionaire Mark Cuban declared this week that so-called corporate wokeness remains “good business,” since it allows companies to attract new customers.
Bud Light inadvertently ignited right-wing hysteria this spring after sending free beer to aas part of a larger marketing campaign. Despite that backlash, billionaire Mark Cuban declared this week that so-called corporate wokeness remains “good business,” since it allows companies to attract new customers. “There is a reason almost all the top ten market cap companies in the U.S.
can be considered ‘woke,’” he said, seemingly in reference to technology companies like Alphabet and Apple whose values are sometimes perceived as liberal. Cuban was vague on specifics—including his definition of “woke”—but he expressed skepticism about whether short-term controversies should be taken seriously. “Most CEOs have enough experience to know to just wait out the news cycle until they go to the next one,” he said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Billionaire Mark Cuban Supports Former SEC Chief Against Gary Gensler on CryptoCrypto enthusiast and billionaire, Shark Tank co-host Mark Cuban, retweeted opinion of former SEC chief criticizing Gensler's anti-crypto actions
Read more »
'Near impossible to know' what is and isn't a security: Mark Cuban on SECMark Cuban believes it is next to “impossible” for firms to comply with the SEC because there is no publicly available document explaining how to register. Cuban is now calling on the SEC to provide more transparency to the industry.
Read more »
Mark Cuban claims companies like Target, Bud Light going 'woke' is just 'good business'The Dallas Mavericks owner remarked on the ongoing controversy surrounding companies like Bud Light and Target over their transgender marketing strategies.
Read more »
SEC Made it 'Impossible to Know' Which Tokens Are Securities: Mark CubanThe SEC's instruction is so unclear that even an 'army of securities lawyers' could not say which crypto assets classify as securities, Cuban argued.
Read more »
Mark Cuban urges small businesses to learn about AI to surviveTech billionaire Mark Cuban urges small businesses to learn about AI - as they'll get crushed by rivals if they don't
Read more »
Saving Millions on Cancer Drugs With Mark Cuban PlanHuge savings could be made on generic oncology drugs if the current Part D Medicare formulary prices were replaced with pricing from the Mark Cuban Cost Plus Drug Company costplusdrugs according to a new study.
Read more »