Musk cleared of fraud charges by U.S. court
Tesla CEO Elon Musk and his company were found not liable by a U.S. jury for misleading investors when Musk tweeted in 2018 that he had “funding secured” to take the electric car company private. The case arose after investors claimed Musk defrauded them when he tweeted in 2018 that he was thinking about taking […]
CEOs taking pay cuts to salvage economic situation
CEOs are taking pay cuts to avoid more layoffs and to combat the industrywide reductions. These pay cut announcements, along with the massive layoffs that have rocked the tech industry, are part of a quest to cruise out the economy slump caused by high inflation and rising interest rates. Pay cuts have recently been announced […]
