Amazon will pay $1.3 billion in cash to buy self-driving car developer Zoox and create a separate $100 million pool to retain its 900-plus employees provided that key employees don’t depart, allowing Amazon to walk away from the deal. That’s according to Reuters , which got its hands on the deal documents. Among the details in the report: there’s a $125 million “transaction bonus pool” for...
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The Briefing enterprise media/telecom
Iger’s Disney Fix-It Plan Has Something for Everyone
Bob Iger really should have run for president, as he once considered doing. His political instinct is unmatched, at least among CEOs. On Wednesday, in his first quarterly earnings call since returning to the top job at Disney, Iger offered something for everyone. A return of the dividend! Layoffs! Creative executives get their power back! Traditional TV is still important, Iger reminded...
SpaceX to Conduct Key Engine Test on Mars Rocket on Thursday
Alphabet’s Verily Appoints Biotech Executive As CFO
Francisco Partners Nears $1.7 Billion Deal for Sumo Logic
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