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...With a presence in 11 countries, Wellhub is a rare instance of a Latin American technology business accomplishing success outside of the region....
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
Delaware court previously voided chief executive’s $56bn remuneration
Americans account for 14% of users but their revenue contribution will be higher
TikTok’s Chinese owner offers nearly $171 a share as US employees grow concerned about tax bill on unsold stock
...It would also set a dangerous precedent, empowering government to take a heavy hand in designing people’s technology.”...
...“We are extraordinarily concerned [about hacks] — it is a national emergency,” Matt Hartman, a top official at America’s Cybersecurity and Infrastructure Security Agency, told a Vanderbilt University conference...
...However, Microsoft’s Azure offering “is the only software business that is benefiting from AI at this point in the cycle”, said Brad Sills, research analyst at Bank of America....
And more on bad buybacks
...The price/earnings (and often price/sales) ratios of these stocks can look high — but not as stretched as those of Big Technology shares in 2000....
Tesla boss shows Argentine president Texas factory where they talked about lithium, Brazil and a disdain for bureaucracy
...“[Yass] did what he had to do, but there is nothing one financier can do in the face of America’s overarching aim of containing China.” Additional reporting by Nian Liu in Beijing...
And yet, we’re struggling to care
...Currently, only SK Hynix, compatriot Samsung Electronics and America’s Micron are capable of providing HBM chips....
...Ellison and Redstone — members of two of America’s wealthiest families — have been trying for months to reach a deal that would merge Paramount with Skydance....
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
...I got to know Tyler Cowen — perhaps America’s most original economist — nearly fifteen years ago when he published his viral monograph, The Great Stagnation....
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
...A new satellite mission to track planet-warming emissions of methane gas is finally set to launch, now aided with artificial intelligence technology to help build a global map of oil and gas infrastructure...
...Chinese leaders, after all, might be more concerned about showing weakness to the US and western world than ByteDance losing billions if TikTok is banned in America....
...Do we want the data from TikTok, children’s data, adults’ data . . . staying here in America or going to China?” Sullivan said....
Move comes after chief executive’s record pay package was voided by a Delaware judge
...The company plans to sell 15.3mn shares at $31-$34 apiece, in a process being run by Morgan Stanley, Goldman Sachs, JPMorgan and Bank of America, according to a public filing....
...That has helped push its shares up another 49 per cent this year – yesterday supplanting Alphabet as America’s third most valuable company, Meanwhile, Tesla options trading volumes have stayed relatively...
...ETFs accounted for 51 per cent of underlying assets at the end of last year, up from 46.7 per cent in early 2022, according to data from Broadridge Financial Solutions, a financial technology company, which...
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