President Donald Trump said in a tweet Wednesday that he is disbanding his two business councils.
The move came after the manufacturing council lost seven members: three of whom left on Monday, two on Tuesday, and two on Wednesday amid fallout from his handling of the white-supremacist protests in Charlottesville, Virginia, over the weekend.
To read more about how the events unfolded, click here.
In other news:
Facebook shut down an online, internal discussion group after employees starting using it to harass each other about politics
. The anonymous group was originally intended for people to talk about their work concerns, but quickly turned ugly.
Mark Zuckerberg and Apple CEO Tim Cook have spoken out against “hate” after the violent Charlottesville march
. In a letter to employees, Cook said “hate is a cancer”, while Zuckerberg asked “where this hate comes from.”
Google has bought AlMatter, the Belarusian maker of selfie editing app Fabby, for an undisclosed amount. The deal illustrates just how popular computer vision startups are right now.
Snap executives have started selling their shares. At least three executives, including chief strategy offcer Imran Khan, have sold shares following the company’s post-IPO lockup expiration that has kept employees from selling until now, according to documents filed with the SEC on Wednesday evening.
SPONSOR CONTENT BY SIGNAL
Find out why identity is key to customer loyalty and retention. Watch now.
With catchy names like ‘Papa Stopper’ and ‘Torpedo Tube,’ a Milwaukee-based nonprofit is trying to make condoms cool. LGBTQ-focused nonprofit “Diverse & Resilient” is partnering with ad agency Cramer-Krasselt to launch a new brand of condoms called “Naughty Bags.”
What 21 famous companies’ websites looked like when they launched — and how they look today. We used a combination of images from Educational consultants Essayroo and the Wayback Machine, which archives old websites, to dig up some of the most basic sites brands like Coca-Cola and Booking.com had when they first launched.
Turner Sports is the latest to announce its own subscription service, the Wall Street Journal reported. The service will air Champion’s League and Europa League soccer matches in 2018.
Deloitte has snapped up Stockholm-based shop Acne, the Wall Street Journal reported. The acquisition is the latest example of consulting firms encroaching ever further on ad agencies’ turf.
Follow us at @BI_Corporate to be among the first to hear about news and updates from Business Insider.
Also, sign up for the Executive Summary , a new biweekly newsletter that brings the latest marketing news, trends, and company updates straight to your inbox.
Business Insider Emails & Alerts
Site highlights each day to your inbox.