Gaming platform Roblox Corp’s founder and chief executive officer David Baszucki’s compensation package for 2021 were a lot higher than the previous year. According to a regulatory filing this week, the packages totaled $232.8 million, compared with just $6.8 million a year earlier. The bulk of the pay package comprises a long-term performance award for … Continue reading “The Founder of Roblox Just Got a Hefty Pay Increase”
Company News
Company News
JetBlue Makes All-Cash Offer for Spirit Airlines
JetBlue Airways has made an all-cash offer of $3.6 billion for Spirit Airlines, which complicates…
April 6, 2022
Company News
Jeff Bezos Makes Large Donation in Hawaii
Amazon's founder and former CEO Jeff Bezos has made a sizable donation this week. The…
April 6, 2022
Company News
GM and Honda Will Make an Affordable Electric Vehicle Line Costing Under $30,000
Car manufacturers GM and Honda have plans to develop affordable electric cars. The ones that…
April 5, 2022
Company News
This is Why Shocked Activision Employees Walked Out
Activision workers have walked out over the lifting of a vaccine mandate that "came as…
April 4, 2022
Company News
Apple Adds Exciting Subscription Product for Companies
This week iPhone maker Apple released a new program for businesses to set up, manage…
March 31, 2022
Company News
iPhone Demand Still Strong Says BoFa Analyst
Despite reports of a production cutback of its iPhone 13 and new iPhone SE at…
March 30, 2022
Company News
Viral E-mail Shows Applebee’s Franchise Exec Calling Lower Pay an ‘Advantage’
In a startling comment made viral this week, an Applebee's franchise executive has called lower…
March 29, 2022
Company News
The SEC Charges Twilio Engineers for Insider Trading
Three engineers at communications tools company Twilio have been charged by the Securities and Exchange…
March 28, 2022
Company News
This is Why Instacart Slashed its Valuation By Nearly 40%
Grocery delivery and pick up service company Instacart slashed its valuation by almost 40% to…
March 25, 2022
Company News
ProShares Strategist Says Metaverse Presents ‘Half a Trillion-Dollar Opportunity’
The word metaverse has been gaining a lot of traction in recent months, ever since…
March 24, 2022
Company News
Google to Let Spotify Offer its Own Billing on Android
In a surprising move, Google and Spotify announced on Wednesday that a future version of…
March 23, 2022
Company News
Kohl’s Receives Multiple Preliminary Buyout Offers
Department store retail chain Kohl's has confirmed this week that it has received multiple preliminary…
March 22, 2022
Company News
FTC Orders Fashion Nova to Pay $4.2M Over These Allegations
Fashion retailer Fashion Nova was ordered by the Federal Trade Commission to pay $4.2 million…
March 21, 2022