Shopify’s chief executive Tobias Lütke now has interminable voting control of the company. Shopify’s shareholders on Tuesday approved a “founder share” that guarantees Lütke 40% voting control as long as he stays at the e-commerce software firm he co-founded in 2004. It’s a vote of confidence in the CEO that comes even as Shopify’s stock has taken a beating in the public market, dropping more...
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The Briefing Enterprise Amazon
Roe Ruling’s Repercussions for Tech; Zendesk’s Fit of Pique
What a week! Tech business news has been relatively scarce in recent days—but today’s Supreme Court decision overturning Roe v. Wade will have repercussions for all businesses. For the tech industry, which has been spreading outside the San Francisco Bay Area and New York for the past couple of years as remote work has become widely available, the ruling makes operating in states with abortion...
Congressional Report Says Robinhood Understated Liquidity Problems During Meme Stock Craze
Zendesk Agrees to $10.2 billion Buyout Months After Rejecting Higher Bid
Meta Plans To Shut Down CrowdTangle Tool
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