Shopify on Monday proposed 10-for-1 stock split as well as changes that would protect the voting power of CEO Tobias Lütke. Under the proposal, the e-commerce giant would issue a “founder share” to Lütke that would give him a total of 40% voting control of the company. The share expires if Lütke, who founded Shopify in 2004, leaves the company and cannot be transferred to anyone else. Both...
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VR Is Failing the Very People It Could Benefit Most
Consider this: In The Climb, a popular virtual reality game, any user can virtually scale skyscrapers and majestic cliffs simply by turning their head and gripping a trigger—any user, that is, except one with a muscular, skeletal or neurological disorder that makes even those movements impossible. Or consider this: In January 2020, MIT Media Lab researcher Arwa Michelle Mboya traveled to...
Meta Merges News, Media Partnerships Teams Under Campbell Brown
Cisco Systems Forecasts Revenue Drop, Blames China Lockdowns
Ex-Apple AI Director Goodfellow Returns to Alphabet
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