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Automattic CEO Matt Mullenweg reinstated after board vote and internal conflict.

Market News
12 Sep 2026
TechCrunch
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Neutral
Automattic CEO Matt Mullenweg reinstated after board vote and internal conflict.

Matt Mullenweg, founder of WordPress and CEO of Automattic, was briefly removed from his position by the company's board, which placed him on paid leave. However, after internal disputes and Mullenweg asserting control over company communications, Automattic confirmed he has been reinstated as CEO with full board support. The situation involved tensions within the board and unclear reasons for the initial leave, highlighting corporate governance challenges. The company has not commented on possible board changes following the incident.

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TIFF 2026 boosts Toronto spending by 12%, aiding small businesses and driving city-wide economic growth

TIFF 2026 boosts Toronto spending by 12%, aiding small businesses and driving city-wide economic growth

Visa Canada's data reveals that the Toronto International Film Festival (TIFF) 2026 increased visitor spending by 12% compared to 2025, with international visitors spending about 40% more than Canadian cardholders. The festival attracted visitors mai...

Market News
Bullish
53 minutes ago
Aclarion broadens CLARITY trial criteria to speed patient enrollment, keeping trial timeline on track.

Aclarion broadens CLARITY trial criteria to speed patient enrollment, keeping trial timeline on track.

Aclarion, Inc. has updated the enrollment criteria for its CLARITY clinical trial to better reflect real-world chronic low back pain patients and accelerate patient recruitment. The revised criteria, approved at most active sites, expand the pool of ...

Market News
Bullish
1 hour ago
Zscaler CEO Jay Chaudhry sells 2,852 shares for $550,000

Zscaler CEO Jay Chaudhry sells 2,852 shares for $550,000

Zscaler CEO Jay Chaudhry has sold 2,852 shares of the company, generating $550,000 from the transaction. This sale could indicate personal financial planning or portfolio rebalancing by the CEO. Investors might watch for any further insider activity ...

Market News
Bearish
2 hours ago
Ascentis Independent Advisors adds $1B in assets with four new advisory teams from Raymond James.

Ascentis Independent Advisors adds $1B in assets with four new advisory teams from Raymond James.

Ascentis Independent Advisors has expanded by adding four advisory teams from Raymond James Financial Services, bringing over $1 billion in client assets. These teams, based in California and Colorado, chose Ascentis to access enhanced planning, inve...

Market News
Bullish
2 hours ago
Orbit International reports $8.2M bookings in Q3 2026, surpassing 2025 total bookings for its power group.

Orbit International reports $8.2M bookings in Q3 2026, surpassing 2025 total bookings for its power group.

Orbit International Corp. announced consolidated bookings of approximately $8.2 million for Q3 2026, with deliveries expected to complete by Q1 2028. The Orbit Power Group (OPG) contributed over $3.8 million, exceeding 2025 total bookings by 24.6%, d...

Market News
Bullish
4 hours ago
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