Drew Austin, an entrepreneur and investor, invested heavily in cryptocurrencies and NFTs, including digital horses, digital sports cards and some digital art. He took a “substantial liquidity hit” when cryptocurrency […]
Musk, Elon
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Back to news homeHuge Paydays for C.E.O.s, as Gap With Workers Widened
Shareholders opposing the compensation won a say-on-pay vote at the company, and a majority also withheld votes from a director on the board’s compensation committee. Under Paycom’s governance guidelines, the […]
The Costly Pursuit of Self-Driving Cars Continues On. And On. And On.
It was seven years ago when Waymo discovered that spring blossoms made its self-driving cars get twitchy on the brakes. So did soap bubbles. And road flares.New tests, in years […]
Mr. Beast, YouTube Star, Wants to Take Over the Business World
Mr. Donaldson declined to be interviewed. A representative for him declined to address the working conditions at his companies but said of the videos with offensive content: “When Jimmy was […]
Tesla’s Latest Solar Stumble: Big Price Increases
On an October evening five years ago, Elon Musk used a former set for “Desperate Housewives” to show off Tesla’s latest innovation: roof shingles that can generate electricity from the […]
How Small Market Investors Are Being Wooed by Companies
That has prompted a strategy adjustment. In addition to spending time communicating with analysts whose “buy” or “sell” ratings on the stock can move its price, Mr. Schreiber said, he […]
The Next Level in Office Amenities: Wild Horses
STOREY COUNTY, Nev. — You can’t ride the wild mustangs at the Tahoe-Reno Industrial Center in Nevada, but you’re nearly guaranteed to see bands of them loping over sagebrush in […]
China Turns to Elon Musk as Technology Dreams Sour
China is having its techlash moment.The country’s internet giants, once celebrated as engines of economic vitality, are now scorned for exploiting user data, abusing workers and squelching innovation. Jack Ma, […]
Auto Dinosaurs Show They’re Not Dead Yet
A year ago, investors had pretty much given up the big global carmakers for dead. Shares of Daimler, General Motors and Ford Motor were at 10-year lows. Electric vehicle start-ups […]
German Automakers Are Charged Up and Ready to Take on Tesla
Next year, Mercedes, a division of Daimler, will introduce the EQS, a battery-powered counterpart to the company’s top-of-the-line S-Class. The EQS, which will cost more than $100,000, will be the […]