Disney Sheds Board Members

The CEO of Twitter and COO of Facebook are leaving Disney’s board due to conflicts of interest. On Friday, the entertainment giant announced that chief operating officer Sheryl Sandberg and chief exec Jack Dorsey will not not be seeking re-election to its board. the shakeup comes as Disney gears up to launch a digital streaming service to rival Netflix. For years, companies like Facebook and Twitter have insisted that they are technology firms rather than traditional media companies.

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