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| Andrew, Jeff Zucker |
Andrew Zucker, the 15-year-old son of Jeff Zucker, president
of CNN, resigned on Wednesday from a board that advises an Internet start-up
founded by Mayor Cory A. Booker of Newark .
The resignation came after The New York Times published an
article detailing Mr. Booker’s involvement in the company, Waywire, a site
whose goal includes making it easier to collect, curate and share videos from
the Web.
Booker obtained money from influential investors — including
Oprah Winfrey and Eric E. Schmidt, Google’s executive chairman — and tapped the
expertise of technology moguls and entrepreneurs in Silicon Valley.
Booker, who founded the company with two partners, recently
revealed in a financial disclosure statement that his stake in the company was
worth between $1 million and $5 million.
In addition to being given a seat on an advisory board,
Andrew Zucker received stock options from Mr. Booker’s fledgling company.
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