Automattic CEO Matt Mullenweg has swiftly regained control of the company after a failed board attempt to oust him, replacing the entire board with a new, eclectic group including a sci-fi author and co-founders of the defunct social app IRL. The previous board had placed Mullenweg on leave, but he retook control within 33 hours, removing or accepting resignations of dissenting directors. This move follows internal governance conflicts and ongoing legal disputes, with Mullenweg asserting full leadership roles and bringing in new legal counsel. The new board and advisers signal a fresh start amid company turmoil, with Mullenweg emphasizing continued focus on Automattic's mission and priorities.
Automattic's board changes are the subject, with Pluang's Technology-sector market data as context. As of Sep 26, 2026 05:31 WIB, out of 150 priced US tech stocks on Pluang, 67 rose and 83 fell. Notable movers include Bitdeer Technologies Group at USD 11.57 with a -4.77% change and a typical hold time of 15 days, Roblox Corp at USD 46.52 with a -4.73% change and a typical hold time of 91 days, and Wix.Com Ltd at USD 74.00 with a -4.55% change. The most notable figure is Roblox Corp's Pluang order activity showing 98% Buy interest.
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