Techno Blender
Digitally Yours.
Browsing Tag

Factiva Filters

Apple Suppliers Given Priority for Factory Restarts in Shanghai Region

Suppliers to Apple Inc. AAPL -3.66% are among the businesses taking precedence in local governments’ efforts to restart factories in the Shanghai region as the U.S. tech giant, facing supply constraints, warned that the pandemic’s resurgence in China could dent sales.Covid-19 outbreaks have hit Shanghai and the neighboring provinces of Jiangsu and Zhejiang over the last month—a region with one of the highest concentrations of Apple’s top suppliers, according to the…

The Shadow Crew Who Encouraged Elon Musk’s Twitter Takeover

As Elon Musk’s crusade against Twitter Inc. escalated from a war of words to a full-on takeover, he was egged on behind the scenes by a mix of voices—from fellow billionaires to internet trolls—with their own beefs with the social-media platform.In Mr. Musk, a serial entrepreneur with a hard Twitter habit, these men found a vessel for pent-up animosity over the company’s content moderation and management. One of them had a very personal stake: Twitter’s co-founder and former Chief Executive Jack Dorsey, who resigned last…

Activision Blizzard CEO Bobby Kotick Could Walk Away With More Than $500 Million After Microsoft Deal

In a securities filing Friday, Activision said Mr. Kotick would receive $14.4 million in severance if he is terminated or quits under a variety of circumstances within a year of a change of control at the company. It also said Mr. Kotick owns 4.3 million shares and has the right to acquire another 2.2 million—potentially worth just over $500 million combined at the $95-a-share deal price. Mr. Kotick received $826,549 in compensation in 2021, according to the filing. Friday’s disclosure, in Activision’s annual proxy…