Tag: helped

Vanguard vote switch helped pass Tesla CEO Elon Musk’s $56 billion pay package

By Ross Kerber (Reuters) – Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday. In a note seen by Reuters, Vanguard said it had voted against Musk’s compensation package when it was […]

Mark Cuban explains how he helped turn 300 of his employees into millionaires

John Lamparski/Getty Images Mark Cuban pays out bonuses to his employees every time he sells a company. The billionaire said his payout practice has helped hundreds of people become millionaires. Cuban told Business Insider he thinks it’s “the right thing to do.” Billionaire Mark Cuban isn’t opposed to sharing the wealth. In a Tuesday post on […]

Microsoft’s big AI ambitions helped it become the world’s most valuable company but at the expense of its Azure team, according to a leaked email memo

What you need to know Microsoft was recently impacted by another round of layoffs affecting its HoloLens 2 and Azure departments. This is despite the tech giant’s impressive earnings and rise to become the world’s most valuable company, with $3 trillion in market capitalization. A leaked email memo suggests that Microsoft is making changes (layoffs) […]