Drone shows have seen an uptick in the US
Because of how severe the drought is out west, where they've had to cancel fireworks shows due to the risk of wildfires.
As Intel tries to enact an ambitious comeback plan, the semiconductor giant has been offloading some divisions that aren't key to its core chipmaking business. The latest to get shunted off is the company's PR-friendly drone-powered light-show business, and the buyer is… Elon Musk's brother. Yes, that's right: Kimbal Musk has …
I think there might be a caveat with "existing at the moment".
Which in typical business fashion likely glosses over some inconvenient facts; i'd suspect that if you looked you'd find a situation along the lines of:-
A) The batteries on all the drones need replacing in the next 2 years, but the drones built in such a way that means that it's nigh on impossible without replacing the entire drone, or;
B) A competitor has a better version in the pipeline that their business doesn't have any response to.
Solution: sell the company to somebody willing to pay more than the management thinks it's worth who doesn't bother doing any due diligence checking before the company value collapses.
Regardless of your view of the relationship, I believe it was against company rules, which the CEO is in charge of. If the boss breaks the rules, then the boss has to go, either voluntarily or otherwise. If the boss stays, it's one rule for the boss, a different rule for everyone else, which is not how the world should work.
In most, probably the vast majority of case, yes. But you have to be careful of "vested interests" so as not to be accused of favouritism etc. It doesn't look good if the person shagging with the boss suddenly gets promoted ahead of better candidates or an unexpected pay rise.