In a move that has stirred conversations within corporate governance circles, Tesla, the electric vehicle giant headed by Elon Musk, has altered its corporate bylaws. According to a regulatory filing made recently, this new framework imposes an ownership threshold of 3% for shareholders wishing to pursue legal action over alleged breaches of fiduciary duties by
Enterprise
Mike Novogratz, a notable figure in the crypto landscape, recently shared a gripping narrative of resilience and determination. For nearly four years, he devoted more than $25 million to navigate the complex and often frustrating process of taking his firm, Galaxy Digital, public in the United States. This lengthy journey, which morphed from what should
In a transformative move that underscores the ever-growing significance of cybersecurity, Proofpoint has announced its intention to acquire Hornetsecurity for a staggering $1 billion. This pivotal deal, the largest in Proofpoint’s history, is a decisive step for the California-based company to enhance its foothold in the European market as it cautiously navigates a potential return
eToro, the Israel-based stock brokerage platform, made headlines as it debuted on Nasdaq, raising nearly $310 million in its initial public offering (IPO). This move not only marks a significant milestone for the company but also ignites hopes for a rejuvenated IPO market, which has been largely dormant in recent months. The stock debuted at
Coinbase, the renowned cryptocurrency exchange, witnessed a significant uptick in its share price on Tuesday, soaring over 20%. This spike in value marked the company’s most impressive rally since the aftermath of Donald Trump’s election victory, largely piggybacking on its recent inclusion in the S&P 500. In an announcement made late Monday, S&P Global revealed
Amidst the tumultuous landscape of global trade, a significant shift unfolded recently as the United States and China agreed to halt most tariffs on each other’s goods. This pivotal moment has injected a refreshing dose of optimism into the financial markets, particularly within the technology sector, and especially among semiconductor and smartphone manufacturers. Investors, weary
In a political environment riddled with complexities, few issues encapsulate the contentious intersection of personal interests and public service like cryptocurrency legislation under President Donald Trump. The recent rejection of the GENIUS Act—a legislative attempt to regulate stablecoins—has revealed alarming complications stemming from Trump’s financial entanglements in the digital currency space. Critics argue that the
The courtroom is not just a venue for legal disputes; in Google’s ongoing antitrust remedies trial, it has become a battleground that could redefine the landscape of online search and the digital economy. Recently, testimony revealed that Google may need to allocate a significant portion of its search team—potentially 20%—to implement proposed changes required by
Apple Inc. finds itself embroiled in a significant legal battle with Epic Games, as the tech giant seeks to regain its ability to impose commission fees on users who make in-app purchases through external links. This dispute has roots in a prior ruling handed down by U.S. District Judge Yvonne Gonzalez Rogers, which required Apple
In an era where innovation and technology seem to intertwine with every aspect of life, Russell Westbrook, the NBA’s charismatic and determined superstar, finds yet another avenue to make a meaningful impact beyond basketball. His recent venture, Eazewell, is not just a business; it’s a heartfelt initiative aimed at revolutionizing funeral planning through the use