Tech startup CEO resigns over video of racist rant at Asian family

Tech startup CEO resigns over video of racist rant at Asian family

7/13/2020 1:33:00 PM

Tech startup CEO resigns over video of racist rant at Asian family

Michael Lofthouse, CEO of California tech company Solid8, has resigned after release of a video showing him making a racist rant at an Asian family.

The video Chanshows Lofthouse cursing and gesturing with his middle finger at the family. He tells Chan’s family “go back to whatever ... Asian country you’re from” and adds that “Trump’s gonna f— you.”AdvertisementCountry singer Kelly Clarkson retweeted the video, which has had millions of views.

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“I’ve dealt with racism before, but never on that scale,” Chan said. “Never on the level where somebody completely unprovoked felt obligated to voice their hatred for absolutely no reason.” Read more: Los Angeles Times »

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DanielleMurr TheGregHillShow How does he resign from his own “company” that he runs out of a WeWork, his rented house, and a strip mall mail store? 🙄 MichaelLofthouse racist lol at resigning from a one person company If the American thing to do is sue; instead of Lofthouse taking convenience in announcing he can't handle a reality of contagion threat.. he ought be starting class axn suit against rnc on state/fed level : & push 4x criminal negligence, conspiracy (in trumps favor), criminal org

Consequences These Nazis just keep outing themselves!

Tech CEO Michael Lofthouse Steps Down After Being Filmed Hurling Racist Insults At An Asian FamilyI am a breaking news reporter for Forbes in London, covering Europe and the U.S. Previously I was a news reporter for HuffPost UK, the Press Association and a night reporter at the Guardian. I studied Social Anthropology at the London School of Economics, where I was a writer and editor for one of the university’s global affairs magazines, the London Globalist. That led me to Goldsmiths, University of London, where I completed my M.A. in Journalism. Got a story? Get in touch at isabel.togohforbes.com, or follow me on Twitter bissieness. I look forward to hearing from you. Not humanistic Despicable behaviour Unfathomable. This isn’t an uneducated, stressed trailer park denizen hopped up on guns and god by right wing politicos. Guy just set fire to his life, willingly, to hate on strangers who did him no harm whatsoever. I will never understand.

Asian shares firm, hope for best from U.S. earningsAsian shares got off to a firm start on Monday as investors wagered U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns. impending bubble. Then the big investors and banks start, and the great disaster in the stock market comes. It will be this week !!! They are....us

Asian shares extend rally, U.S. earnings to test optimismAsian shares crept toward five-month peaks on Monday as investors wagered the U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns. Probably just going to be another day in the U.S. with the Fed propping up the market. They are live in a different world and know they can do what they want with the Feds Trillions backing them up.

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How CEO pay in America got out whackSome believe pay should be allowed to rise ever higher because superior CEO performance is maximising shareholder returns 'Out of whack' But of a euphemism, wouldn't you say? For a situation of OUT OF CONTROL inequality that has ALWAYS led to revolution in ALL of human history. 'Out of whack' Bit of a euphemism, wouldn't you say? For a situation of OUT OF CONTROL inequality that has ALWAYS led to revolution in ALL of human history. Why haven't you posted on JessicaDotyWhitaker being executed by BLMTerrorists ? They shot that young mother in head. Is it because she is white? Yeah, it is...

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