Facebook’s U.K.-based employees earned an average of £234,000 each in compensation during 2019, up nearly 7% from the prior year. In new financial results disclosed by Facebook U.K. this week, the company said revenue for the 2019 financial year of £1.1 billion, up 34% from the year before. The filing showed Facebook U.K. made a £87 million profit after paying £29 million in corporate tax to...
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The most valuable brands of the future are going to be people rather than companies. The shift in that direction is starting to happen right under our noses. Take the case of Elon Musk. You can’t assess Tesla’s $800 billion market capitalization against any sort of realistic view of its financial prospects. The stock isn’t valued as a business but as an Elon Musk trading card....
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