France opens investigation into rape allegations against minister Zacharopoulou

France opens investigation into rape allegations against minister Zacharopoulou

French State Secretary for Development, Francophonie and International Partnerships Chrysoula Zacharopoulou arrives for a working meeting with the French Prime Minister and members of the government at the Hotel Matignon in Paris, France, June 21, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register PARIS, June 22 (Reuters) – The Paris public … Read more

Meta Platforms’ Sheryl Sandberg to leave after 14 years

Meta Platforms’ Sheryl Sandberg to leave after 14 years

Sheryl Sandberg, COO of Facebook and current chair of the Global Internet Forum to Counter Terrorism (GIFCT), gives a news conference on the sidelines during the 2019 United Nations Climate Action Summit at UN headquarters in New York City, New York, US, September 23, 2019. REUTERS/Yana Paskova/Files Register now for FREE unlimited access to Reuters.com … Read more

Judge ‘surprised’ at Trump claim he has no documents sought in probe

Judge ‘surprised’ at Trump claim he has no documents sought in probe

NEW YORK, April 29 (Reuters) – A New York judge expressed surprise on Friday that Donald Trump, a man he described as perhaps the world’s most famous real estate developer, was unable to provide any documents sought in a probe of the Trump Organization, his family company. Justice Arthur Engoron in New York state court … Read more

Musk loses bid to end SEC agreement on oversight of Tesla tweets

Musk loses bid to end SEC agreement on oversight of Tesla tweets

April 27 (Reuters) – A US judge slammed Elon Musk on Wednesday for trying to escape a settlement with regulators requiring oversight of his Tesla Inc (TSLA.O) tweets, saying the billionaire was “bemoaning” the 2018 deal now that he felt Tesla was “invincible.” The ruling comes after the Twitter Inc (TWTR.N) board accepted on Monday … Read more

EXCLUSIVE Twitter under shareholder pressure to seek deal with Musk, sources say

EXCLUSIVE Twitter under shareholder pressure to seek deal with Musk, sources say

Elon Musk’s twitter account is seen on a smartphone in this photo illustration taken, April 15, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register April 24 (Reuters) – Twitter Inc (TWTR.N) is coming under increasing pressure from its shareholders to negotiate with Elon Musk even though the world’s richest person has … Read more

Ackman gives up on Netflix, taking $400 mln loss as shares tumble

Ackman gives up on Netflix, taking 0 mln loss as shares tumble

April 20 (Reuters) – Billionaire investor William Ackman liquidated a $1.1 billion bet on Netflix (NFLX.O) on Wednesday, locking in a loss of more than $400 million as the streaming service’s stock plunged following news that it lost subscribers for the first time in a decade. Ackman’s hedge fund Pershing Square Capital Management made an … Read more

Musk says US SEC ‘bastards’ forced settlement over Tesla tweets

Musk says US SEC ‘bastards’ forced settlement over Tesla tweets

April 14 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk on Thursday stepped up criticism of the US securities regulator, calling Securities and Exchange Commission officials “bastards” for bringing fraud charges against him over his 2018 tweets regarding taking the company private. On the day he made major news by unveiling a $43 billion cash … Read more

Intel CEO earned 1,711 times more than average company worker in 2021

Intel CEO earned 1,711 times more than average company worker in 2021

March 30 (Reuters) – Intel Corp (INTC.O) Chief Executive Officer Pat Gelsinger earned 1,711 times as much as the average worker at the US chipmaker in just 11 months since he joined in February last year, a regulatory filing showed on Wednesday. Compared to Gelsinger, former CEO Bob Swan had earned 217 times more than … Read more