19. 06. 2024 | Natalie Bezděková
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Shareholders of US carmaker Tesla on Thursday approved a record $44.9 billion (about one trillion kronor) pay package for CEO Elon Musk, the AP reported. The decision came after a deal struck in 2018 was overturned by a Delaware court earlier this year. The exact number of votes was not immediately announced. According to the AP, approval of ...

22. 08. 2023 | Kristýna Bezděková
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The Norwegian regulatory authority has assessed Meta Platforms a million-dollar fine, which it should pay every day, for collecting user data to target advertising. But the mother of Facebook and Instagram understandably doesn't like that, so it has asked the Norwegian court to stop enforcing the fine. The fine was set at NOK 1 million, which...

21. 08. 2023 | Kristýna Bezděková
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The American fast food chain Subway is likely to have a new owner. The business is expected to be taken over by investment group Roark Capital, which owns a number of not only fast-food franchises, for $9.6 billion (CZK 211.6 billion). It was reported by the Wall Street Journal (WSJ). According to WSJ sources, the deal to sell Subway is expec...