Stanford University said Wednesday it was establishing the Stanford Doerr School of Sustainability, its first new school in 70 years, this fall. The name reflects a $1.1 billion gift from philanthropists John and Ann Doerr, which the university said marks the largest donation in the its history. This donation from the Doerrs reflects Silicon Valley’s renewed interest in funding climate...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
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