PSA shareholders approve merger with Fiat Chrysler
At a special shareholder meeting, the plan to form Stellantis was backed by more than 99 percent of the votes cast by the company's top investors, including the Peugeot family and Dongfeng Motor......»»
What"s Next for Twitter?
Elon Musk no longer wants to buy Twitter, which now will "pursue legal action" simply to "enforce" their planned merger agreement, according to the company's chairman. But however that plays out, Twitter is now in a worst-case scenario, one Wall S.....»»
Elon Musk is "terminating" the Twitter deal
Elon Musk sent a letter to Twitter seeking to terminate the merger agreement.....»»
Musk ends bid to buy Twitter [Updated]
Elon Musk’s buyer’s remorse could be very expensive. Enlarge (credit: Getty Images | SOPA Images ) Update: As suspected, Elon Musk has bailed on his bid to buy Twitter, citing multiple breaches of the merger agreement. Mus.....»»
Google pilots program to prevent political campaign emails from ending up in spam folders
In order to prevent political campaign emails from ending up in spam folders, Google has requested the Federal Election Commission (FEC) to approve its trial program. The post Google pilots program to prevent political campaign emails from ending u.....»»
Software Maker Zendesk To Be Bought by Investor Group in $9.5 Billion Cash Deal
Software maker Zendesk agreed to be acquired by a group of buyout firms led by Hellman & Friedman and Permira for about $9.5 billion. From a report: The all-cash transaction offers shareholders $77.50 a share, a premium of 34% over Zendesk's closing.....»»
Activision Blizzard board votes to reelect Bobby Kotick as CEO
One of the proposals voted on by the shareholders was on which directors would be elected to serve for another term, including Bobby Kotick in the role of CEO.....»»
Twitter board recommends shareholders vote in support of Musk acquisition
Twitter's board of directors has unanimously recommended that the social media company's shareholders vote to approve its sale to Elon Musk, according to a regulatory filing on Tuesday......»»
Polestar SPAC merger poised to raise $850 million on Wall Street
The EV maker -- a Volvo subsidiary -- and the Gores Guggenheim SPAC expect to start trading on the Nasdaq in New York on Friday......»»
Lyft agrees to $25 million settlement with shareholders over safety-related allegations
Lyft has agreed to a $25 million settlement with shareholders over allegations that it failed to adequately disclose threats to its reputation and business ahead of going public......»»
Credit Acceptance agrees to $12 million settlement in shareholder lawsuit
The shareholder plaintiffs, in their complaint, charged that Credit Acceptance's "wrongful acts, omissions, and scheme to defraud, and the precipitous decline in the market value of the Company's common stock" meant the shareholders had "suffered sig.....»»
U.S. automakers urge Congress to lift EV tax credit cap
General Motors, Ford, Chrysler-parent Stellantis and Toyota Motor North America are urging Congress to lift a cap on the $7,500 electric vehicle tax credit......»»
Tesla asks shareholders to approve 3-for-1 stock split amid market plunge
The proposed split in the form of a dividend comes amid a sharp selloff in Tesla, which saw its shares underperform broad markets. The stock is down nearly 35 percent this year......»»
Cloudflare names Mark Hawkins to Board of Directors
Cloudflare announced that Mark Hawkins was elected to the company’s board of directors at the Cloudflare 2022 Annual Meeting of Shareholders. During his more than 7 year career at Salesforce, Hawkins helped the company grow its revenue from $4.....»»
Twitter reportedly will give Musk the full “firehose” of user data he demanded
Report: Twitter to give Musk the firehose after he threatened to kill merger. Enlarge (credit: Aurich Lawson | Photo by Jim Watson/AFP via Getty Images) Twitter now plans to comply with Elon Musk's demand for user data that he.....»»
Mercedes-Benz rules out possibility of Chinese shareholders blocking minority, report says
The comments came after the purchase of German robotics maker Kuka by China's Midea caused a political storm in Germany......»»
Harvey Weinstein is suing Chrysler over Jeep crash
Former Hollywood movie producer Harvey Weinstein, in prison after being convicted of sex crimes, sued Chrysler over a 2019 crash in which he flipped a Jeep Wrangler trying to avoid a deer......»»
Wrongful death case for Michigan mechanic settled just before trial
The lawsuit surrounding the death of Jeffrey Hawkins at Rochester Hills Chrysler-Dodge-Jeep Ram had targeted the service customer. The attorney for Hawkins’ family said all potential damages would be financed by the dealership's insurance company......»»
Elon Musk threatens to abandon Twitter acquisition over spam bot data
In a letter to Twitter, Elon Musk accuses Twitter of refusing to comply with their merger agreement and of refusing his spam and fake account data requests......»»
Elon Musk threatens to walk away from Twitter deal
Elon Musk issued his most direct threat yet to walk away from his purchase of Twitter on Monday, openly accusing the social media company of breaching the merger agreement by not providing the data he has requested on spam and fake accounts......»»
Female avatar sexually assaulted in Meta VR platform, campaigners say
Campaigners join calls by some Meta shareholders for an assessment of on potential harms users face......»»