Business software firm MicroStrategy (MSTR) has appointed Phuong Le, the company’s president, as its new CEO, replacing Michael Saylor, who had served as CEO and chairman of the board since he founded the company in 1989 and took it public in 1998, the company announced Tuesday as part of its second-quarter results.
U.S. President Biden Vetoes Resolution Overturning SEC Guidance
Earlier Friday, Sen. Ron Wyden (D-Ore.), a member of Biden's party who voted for the resolution, said the guidance creates...