Murdoch's emergence as the front-runner for the Tesla chairman seat is a turnabout, after he was targeted for removal from Tesla's board as an independent director earlier this year by several proxy adviser groups pushing against his re-election.
Murdoch, the CEO of Twenty-First Century Fox Inc. and a Tesla board member, is the lead candidate for the job, the Financial Times said, citing two people briefed on the discussions. Tesla did not respond to a request for comment. Gracias is also a stakeholder in Musk's other major venture SpaceX, which makes his independence less than clear.
Musk agreed he would step down as chairman by mid-November but remain as chief executive officer, after he and Tesla reached a settlement with U.S. financial watchdog the Securities and Exchange Commission (SEC) last month in which they agreed to pay $20m each to financial regulators. The deal with the SEC eased uncertainty over Tesla's future because the agency's lawsuit initially sought to bar Musk from serving as an officer or director of a public company, a prospect that rattled investors.
"The question when it comes to James Murdoch is, 'Is he the guy who'll be able to establish that level of authority with Elon Musk?'" asked Abby Adlerman, CEO of Boardspan, a corporate governance consulting company.
James Murdoch could become the next head of Tesla's board of directors.
Earlier this year, the leading U.S. proxy advisors Glass Lewis & Co and International Shareholder Services, along with the union-affiliated investment advisor CtW Investment Group, all recommended that investors vote "against" Mr Murdoch's re-election as a Tesla director during the companies annual June 5 meeting.
While the latter cited a lack of relevant experience and a "troubled history as an executive and director", both proxy firms warned that Murdoch already served on too many boards. According to Variety, Murdoch is also mulling the possibility of setting up a technology investment fund, which would presumably dovetail nicely with a Tesla chairmanship.
Murdoch was forced out as chairman of Sky, then BSkyB, in 2012 after being embroiled in Britain's phone-hacking scandal.
In a vote of confidence for Musk, shareholder T. Rowe Price Group Inc said in a regulatory filing on Wednesday that it had raised its stake by almost half to 10.2 per cent at the end of September from just under 7 per cent in June.
He returned in 2016 after working for several years at Fox. One of the FT's sources said external candidates were still being considered.
Mr Murdoch is now chief executive of the United States media giant 21st Century Fox, but he will step down after the firm completes the sale of much of its business to Walt Disney.
On October 11, Samsung will launch their first four-rear camera system device A9 in the premium segment (above 30,000 rupees). In addition to the Plus and regular variants, it is rumored that Galaxy S10 will come in a budget version as well.
He is on stand-by for the Under-20s games during this worldwide break, injury having seen him pull out of last month's games. Sancho joined City from Watford's academy in 2014 for a fee of around £66,000.
It warned of a life-threatening storm surge, hurricane force winds and heavy rainfall along the north-eastern Gulf coast. Brock Long, head of the Federal Emergency Management Agency, called the town "ground zero" for the hurricane damage.
Samsung is also including AI Scene Recognition for identifying the subject and adjusting settings instantly for a better photo. The high-end Glaxy A9 is equipped with some other exciting features such as big display , powerful SoC and a large battery .
China Mobile shares fell 3.7%, insurance group Ping An dropped 4.1% and China Construction Bank lodged a slide of 3.2%. Bourses in Paris and Frankfurt both lost more than two percent, while London fell 1.3 percent.
At 12:44 p.m., the Nikkei 225 average traded at 22,496.24, down 1,009.80 points, or 4.30 percent, from Wednesday's closing. Boeing lost 4.7 per cent to US$367.57 and Alphabet, Google's parent company, gave up 4.6 per cent to US$1092.16.
Legendary actor Amitabh Bachchan turns 76 today-October 11 and his fans can't stop showering love and blessings over him. In this intriguing motion poster of Amitabh Bachchan-starrer Sye Raa Narasimha Reddy , the actor looks intensely fierce.
As per Jorgenson, 50 percent of men with erectile dysfunction do not respond to the dysfunction treatments now available. Obesity, diabetes and cardiovascular disease all have genetic components and are also linked to erectile dysfunction.
McGregor was arrested, jailed and eventually pleaded guilty to lesser charges that kept him from further jail time. When the Russian refused to leave the bus McGregor threw a metal dolly through the window injuring three.
I've been quite consistent with my play, but I didn't have enough good finishes on the board, after the win at the CIMB Classic . That will be the number one goal for now. "We have a really good chance here and if I play well, in golf, anything is possible.
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However, there have been a few design and hardware tweaks to make it look a lot more fashionable and relevant over 20 years later. The leaked images of the device suggest a metal chassis sandwiched between two glass slabs and a rear-mounted fingerprint sensor.
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