- Yahoo Finance Video
Inside Melinda French Gates’ plans to end gender inequality
Melinda French Gates is one of the most influential philanthropists in the world. As co-founder of the Bill & Melinda Gates Foundation, the largest private charitable foundation in the U.S., she spearheaded donations of totaling $77.6 billion in grants since its inception in 2000. However, Gates will be resigning from the foundation as of June 7th, 2024. Now, she wants women to have the opportunities she and many others did not and end gender inequality in the United States. French Gates's work in diversifying opportunities continues at Pivotal Ventures, a venture capital firm she founded in 2019. Under French Gates’ vision, Pivotal Ventures has pledged $1 billion to investment and incubation firms supporting initiatives that empower women and people of color in four key sectors: politics, technology, finance, and storytelling. From her early days at Microsoft to her life as a mother and former life partner to one of the most influential men on the planet, Yahoo Finance delves into the personal and professional life and persona of one of the world’s wealthiest and most influential women. Yahoo Finance spoke to French Gates in mid-March, before she announced her resignation to unpack how she got to where she is and where she plans to go next. Lead This Way is an interview series that features frank conversations with today’s leaders. The series gives consumers and investors an inside look into the innovative thinking and diverse life experiences of some of the biggest players in business to find out how they lead through change and how they define success for themselves and their organizations. For more on our Lead This Way series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday.
- Reuters
Former Wipro CEO Delaporte earned $20 million in last year at helm
India's No.4 IT services firm Wipro paid $20.1 million in annual compensation to former CEO Thierry Delaporte who resigned in April, well before his five-year term was set to end in July 2025. Wipro said the cash payment was "to enable a smooth transition, ensure business continuity and to ensure adherence to post-engagement obligations" such as maintaining confidentiality and avoiding making derogatory comments about the company. "The company would have taken into consideration the French employment laws which are vastly different than American and Indian employment laws and sided towards employees," Shriram Subramanian, the founder of proxy advisory firm InGovern Research, said.
- The Telegraph
Football’s independent regulator to be shelved during General Election
The introduction of an independent football regulator is on the brink of being shelved after the Prime Minister called a General Election for July 4.
