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Delaware Tells Musk ‘No’; Alphabet and Microsoft’s AI-Driven Earnings
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Tuesday’s biggest tech news has to be the Delaware Court of Chancery’s stunning decision rescinding Elon Musk’s $56 billion Tesla pay package from 2018. The ruling, a big victory for the Tesla shareholder who sued to block the pay deal, should be a warning to all company boards that are dominated by a high-profile CEO: Make sure you’ve got some truly independent directors.
That’s because a key point in Judge Kathaleen McCormick’s decision is that all the directors at the …
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