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Dell CEO Michael Dell recently announced to move the company’s base from Delaware to Texas. Sharing an official press release, the company said that its “Board of Directors has unanimously approved changing the jurisdiction of Dell Technologies’ state of incorporation from Delaware to its home state of Texas”. This “redomestication” of Dell is likely to…
The Delaware Supreme Court ruled in favour of Elon Musk, reinstating his 2018’s pay package awarding the Tesla CEO an annual salary of $56 billion. The decision comes after it was struck down by Delaware Chancery Court judge Kathaleen McCormick last year. Soon after the ruling, Elon Musk wrote on X (formerly known as Twitter):…
In a major win for Elon Musk, Delaware’s Supreme Court has restored the Tesla CEO’s $56 billion pay package from 2018. The compensation plan was struck down by Delaware Chancery Court judge Kathaleen McCormick last year who said that the tech billionaire had improperly influenced board members to come up with the compensation plan. Reversing…
File photo: Elon Musk (Picture credit: ANI) Elon Musk secured a major legal victory on Friday after the Delaware Supreme Court cleared the way for him to receive a long-disputed Tesla pay package worth about $55–56 billion, reversing an earlier ruling that had stripped him of the compensation. The decision likely marks the end of…
Source: New Castle County Police A Pakistan-origin man studying at the University of Delaware was arrested after police discovered a large collection of guns, ammunition and body armour, along with a manifesto that allegedly described plans to “kill all” and seek “martyrdom” in a mass shooting on the University campus, The New York Post reported.Police…
