After a big hack, Microsoft is tying top executive pay to cyberthreats

After a big hack, Microsoft is tying top executive pay to cyberthreats

Microsoft has come under fire recently from both the U.S. government and rival companies for its failure to stop a Chinese hack of its systems last summer. One change the tech giant is making in response: linking executive compensation more closely to cybersecurity. In April, a government review board described a hack of Microsoft last … Read more

Tesla Received $1M In Federal Tax Refunds On $4.4B In Earnings

Tesla Received M In Federal Tax Refunds On .4B In Earnings

Screenshot: Tesla A recent study found that 35 companies paid their top five executives more than they paid in Federal income tax across the five year span from 2018 to 2022. American automaker Tesla was by far the worst offender, as it actually netted $1 million in refunds from the government in that period, while … Read more

Elon Musk war on Delaware may change how companies make big decisions

Elon Musk war on Delaware may change how companies make big decisions

Elon Musk, owner of Tesla and the X (formerly Twitter) platform, attends a symposium on fighting antisemitism titled ‘Never Again : Lip Service or Deep Conversation’ in Krakow, Poland on January 22nd, 2024. Beata Zawrzel | Nurphoto | Getty Images It remains to be seen what Tesla will do about Elon Musk’s pay just a … Read more

Tesla will hold a shareholder vote to incorporate in Texas

Tesla will hold a shareholder vote to incorporate in Texas

SpaceX, X (formerly known as Twitter), and Tesla CEO Elon Musk speaks during live interview with Ben Shapiro at the symposium on fighting antisemitism on January 22, 2024 in Krakow, Poland. Omar Marques | Getty Images Elon Musk said late Wednesday that Tesla will hold a shareholder vote on whether to transfer the electric carmaker’s … Read more

Ohtani’s $700 million contract sparks deferred income tax concerns

Ohtani’s 0 million contract sparks deferred income tax concerns

Japanese baseball player Shohei Ohtani attends a press conference on his presentation after signing a 10-year deal with the Los Angeles Dodgers at Dodgers Stadium in Los Angeles, California, on Dec. 14, 2023. Frederic J. Brown | AFP | Getty Images Roughly a month after Shohei Ohtani signed a $700 million contract with Major League … Read more