shareholders
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Tech
Mark Zuckerberg, Sheryl Sandberg spared from testifying after settling Meta shareholders’ $8B privacy lawsuit
Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8 billion for the…
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Tech
Elon Musk to hold Tesla investor vote on xAI investment, rules out merger
Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a shareholder vote on…
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Tech
Tesla’s feckless board needs to rein in Elon Musk before it’s too late
Shares of Tesla are up around 190% during the past five years, almost double that of the S&P 500, which…
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Tech
Apple sued by shareholders for allegedly overstating AI progress
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long…
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Tech
Elon Musk launches appeal to restore $56B Tesla payday
Elon Musk kicked off his appeal to try to restore his $56 billion payday from Tesla on Tuesday, claiming a lower court…
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Tech
Tesla dogged by DOGE fears — but don’t bet against Elon Musk
The country, saddled with trillions in debt and deficits, desperately needs what Elon Musk is doing with DOGE. But On…
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Tech
Supreme Court tosses Nvidia appeal to dismiss shareholders’ fraud lawsuit
The US Supreme Court sidestepped on Wednesday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing artificial intelligence chipmaker Nvidia of misleading…
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Tech
Elon Musk’s $56B Tesla pay rejected again by Delaware judge
A Delaware judge ruled on Monday that Tesla CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite shareholders of…
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Tech
SCOTUS hears Facebook bid to toss shareholder suit over Cambridge Analytica scandal
The US Supreme Court grappled on Wednesday over a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who…
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Business
Activist Elliott slams Southwest CEO Bob Jordan as shares soar 7%
Activist hedge fund Elliott Investment Management on Thursday blamed Southwest CEO Bob Jordan for the airline’s sagging fortunes — hours…
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