The appointment of a new CEO by a tech company took a dramatic turn when the old leader—and the founder—refused to step down. The boardroom clash erupted when OpenWeb’s founder Nadav Shoval refused to leave his position and accused the company of breaching his contract after the announcement that Tim Harvey would be the new interim CEO. The images show …
Open Web Technologies Ltd., which helps publishers engage readers and target them with ads, raised $170 million in a Series F round led by Canadian venture firm Georgian Partners, the company said. OpenWeb sees opportunity for growth in the coming months as the media ecosystem restructures itself under macroeconomic pressure, while publishers attempt to create more sustainable businesses and prepare …
