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Washington and Lee University to Keep Confederate's Name


The school was named for George Washington, an early benefactor, and Lee, who served as the school s president after the Civil War and is buried in a campus chapel that carries his name.
Faculty members voted last July to remove Lee’s name from the school, but after surveying students, parents, staff and alumni, the university found deep divisions over the name among the 14,000 responses on issues of diversity, equity and inclusion on campus.
The board found broad support for changing governance, social institutions and the names of campus buildings, including Lee Chapel, according to a news release. New efforts include $225 million for scholarships, curricular development and student support, and the establishment of an academic center for the study of Southern race relations, culture, and politics. Changes to campus symbols include a redesign for the diploma, and discontinuing Founders Day. ....

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FireEye to sell products business for $1.55 billion


By
Christopher Bing
on Jun 3, 2021 8:24AM
To Symphony-led investor group.
US cyber security firm FireEye said it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for US$1.2 billion (A$1.55 billion) in cash.
The deal will separate FireEye s network, email and cloud security products from its cyber forensics unit, Mandiant Solutions.
The deal is expected to close by the end of the fourth quarter, the company said.
FireEye, one of the largest cyber security firms in the United States, also said its board had approved a share buyback program of up to US$500 million. ....

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