US chipmaker Qualcomm and other companies are opposing the $40 billion takeover of UK chip designer Arm by Nvidia, according to people familiar with the matter and documents seen by The Information. Qualcomm is urging the Federal Trade Commission and antitrust authorities in the European Union, the UK and China to block deal, which would give Nvidia full control over Arm’s widely used...
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Salesforce’s Pretend Co-CEO Arrangement
Marc Benioff has redefined the term co-CEO. As The Information reported earlier today, Bret Taylor, newly named co-CEO of Salesforce, will continue reporting to Benioff, his fellow co-CEO. So instead of the term meaning two leaders on equal terms, it now just means two people who work with each other in a boss-subordinate relationship. At this rate, Salesforce could give the co-CEO label to its...
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