November 28, 2022

Tesla faces lawsuit for racial harassment in its factories

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By Swapna Krishna From engadget Three men claim to have been subject to continuous and repeated racism. A new lawsuit brought by three former Tesla employees alleges that they were subject to constant racial discrimination and harassment in the electric car company’s factories. The case, first reported by the Mercury News, was filed yesterday in […]

US: In latest deals, Ellison and Musk can’t block counterbids

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By David Ruiz, The Recorder SAN FRANCISCO — Two recent Silicon Valley M&A deals—Tesla Motors Inc.’s acquisition of Solar City and Oracle Corp.’s purchase of NetSuite—have shed light on executive voting agreements, which prevent powerful shareholders from swatting down competing bids. Oracle announced on July 28 that it plans to acquire NetSuite for $9.3 billion. Larry […]