Topic: shareholder approval
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Tesla Proposes $1 Trillion Deal to Deploy Musk's Robot Army
Tesla's board has proposed a new compensation package for CEO Elon Musk, potentially worth up to $1 trillion if he achieves ambitious technological and financial milestones, which could make him the world's first trillionaire. The proposal requires Musk to oversee the deployment of one million ro...
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Fubo Shareholders Approve Hulu Live TV Acquisition
Fubo shareholders have approved its acquisition by Disney, merging with Hulu Live TV to challenge market leader YouTube TV in the live streaming sector. The merger aims to narrow the subscriber gap with YouTube TV by combining approximately six million subscribers and exploring bundled offerings ...
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Tesla's Cybercab Production Starts in April, Musk Says
Tesla will begin manufacturing its fully autonomous Cybercab in April at its Austin facility, featuring no traditional controls like a steering wheel or pedals. The Cybercab is designed for the lowest cost-per-mile autonomous operation, with an ambitious production target of a 10-second cycle tim...
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Netflix ups Warner Bros. bid with all-cash offer
Netflix has revised its offer for Warner Bros. Discovery to an all-cash deal valued at $27.75 per share, aiming to accelerate the sale process and counter Paramount's competing hostile bid. The all-cash structure is intended to provide greater financial certainty and facilitate a quicker sharehol...
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Marissa Mayer Shuts Down Sunshine Startup Lab
Sunshine, the AI firm founded by former Yahoo leader Marissa Mayer, is shutting down and transferring its assets to a new company called Dazzle, pending shareholder approval. The transition is supported by nearly all shareholders, and Sunshine's team is expected to move to Dazzle, which is develo...
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Maxis Reassures Fans After EA's $55 Billion Acquisition
Following EA's acquisition by a consortium including Saudi Arabia's PIF, the studio behind *The Sims* has reassured its community that its core values of inclusivity, creativity, and player representation remain non-negotiable. The franchise's roadmap confirms that single-player life simulation i...
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