Salesforce Names Three Directors, Braces for Proxy Fight
Sachin Mehra, chief financial officer of Mastercard Inc., was named an…
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Investing
Tesla Has Become One of the Hottest Stock-Option Trades on Wall Street
Tesla options trading has surged recently: Nearly three million contracts now change hands on an average day, according to
Cboe Global Markets
data. That is up…
WSJ News Exclusive | Elliott Prepares to Nominate Slate of Directors at Salesforce
Activist investor Elliott Management Corp. is preparing to nominate a slate of directors at
Salesforce Inc.,
CRM 5.71%
according to people…
Stripe Sets One-Year Timetable to Decide on Going Public
Stripe Inc., one of Silicon Valley’s most valuable startups, is moving closer to what could be one of the biggest public-market debuts in recent memory.Stripe co-founders Patrick and…
WSJ News Exclusive | Robert Iger, Henry Kravis to Buy Minority Stake in Thrive Capital
Venture firm Thrive Capital is selling a stake to a group of investors including
Walt Disney Co.
CEO
Robert Iger…
SEC Scrutiny Blocks Some Crypto Firms From Going Public
Crypto companies seeking to go public over the past year have faced increased scrutiny from the Securities and Exchange Commission, as financial distress and failures spread across the…
Salesforce’s Business Model Faces Test as Elliott Management, Others Weigh In
Salesforce Inc.,
CRM 3.05%
which pioneered cloud software to become one of the largest companies in technology, has hit a rough patch in…
Crypto Lender Genesis Files for Bankruptcy, Ensnared by FTX Collapse
Cryptocurrency lender Genesis Global Holdco LLC and two of its lending subsidiaries filed for bankruptcy protection late Thursday night in New York, the latest domino to fall after the…
WSJ News Exclusive | Crypto Media Outlet CoinDesk Taps Bankers for Potential Sale
CoinDesk’s parent company is Digital Currency Group Inc., or DCG,…
Elon Musk’s Twitter Is Auctioning Off Kegerators, Office Supplies, Neon Bird Sign From San Francisco…
Twitter Inc. is auctioning kegerators, pizza ovens and other supplies from its San Francisco headquarters in what appears to be its latest cost-cutting move.…