Cast & Crew–a leading provider of software and services to the entertainment industry, covering payroll & human resources, accounting and financial management, workflow and productivity–has named Graham Younger as its chief commercial officer. In the newly formed role, Younger will report directly to Eric Belcher, the company’s CEO, and will be responsible for driving the company’s commercial strategy, overseeing the functions of sales, marketing, digital product adoption and implementation. The appointment of Younger aligns with the mission of EQT, the differentiated global investment organization which recently purchased Cast & Crew. EQT has enabled Cast & Crew to take its suite of offerings to the next level while maintaining its reputation for excellent service. Younger joins Cast & Crew from Namely (a payroll and human resources software company), where he was president and chief revenue officer. He has more than 20 years of experience in driving business-process improvements and growth within the software and entertainment industries. He began his career in enterprise sales for IBM and Oracle before joining British software company Cramer to lead their Channels and Alliances teams. Following a successful acquisition by Amdocs, he rejoined Oracle to run a global business unit before stepping into a high-growth opportunity at SuccessFactors. As SVP and GM, he was responsible for its global HCM business including sales structure, operations, marketing and revenue growth. During his tenure SuccessFactors was acquired by SAP for $3.4 billion. In 2014, Younger joined another high-growth company Box, where he was responsible for all revenue and global execution as EVP of worldwide field operations, growing revenue from $100 million to $380 million as well as through a successful IPO on the New York Stock Exchange in 2015. He then joined DreamWorks NOVA, a division of DreamWorks Animation, as president and COO….
Supreme Court Allows Multibillion-Dollar Class Action Lawsuit To Proceed Against Meta
The Supreme Court is allowing a multibillion-dollar class action investors' lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.
The justices heard arguments in November in Meta's bid to shut down the lawsuit. On Friday, they decided that they were wrong to take up the case in the first place.
The high court dismissed the company's appeal, leaving in place an appellate ruling allowing the case to go forward.
Investors allege that Meta did not fully disclose the risks that Facebook users' personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump 's first successful Republican presidential campaign in 2016.
Inadequacy of the disclosures led to two significant price drops in the price of the company's shares in 2018, after the public learned about the extent of the privacy scandal, the investors say.
Meta spokesman Andy Stone said the company was disappointed by the court's action. "The plaintiff's claims are baseless and we will continue to defend ourselves as this case is considered by the District Court," Stone said in an emailed statement.
Meta already has paid a $5.1 billion fine and reached a $725 million privacy settlement with users.
Cambridge Analytica had ties to Trump political strategist Steve Bannon. It had paid a Facebook app developer for access to the personal information of about 87 million Facebook users. That data was then used to target U.S. voters during the 2016 campaign.
The lawsuit is one of two high court cases involving class-action lawsuits against tech companies. The justices also are wrestling with whether to shut down a class action against Nvidia.... Read More