Hacker News new | ask | show | jobs
by knodi123 2452 days ago
> the thing is they do not care about free speech. All these companies care about is revenue.

Nature of a publicly traded company in a nation that deifies capitalism. Blizzard is on the S&P 500, for pete's sake.

If the CEO prioritized something other than profits, he'd be replaced by the board for breaching his obligations to the shareholders.

1 comments

This isn't actually true. Look up the legal definition of fiduciary duties for US corporations.
I think the person you're replying to was just saying that the CEO would probably be replaced if they prioritized something other than profits, not that it was legally mandated.