Quote To Start The Day: During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting.
Source: Elon Musk
One Big Thing In Fintech: Jack Miller, head of trading at Baird,. Read More.
VivoPower International PLC Announces Proposed $250m Australian Distribution Agreement for Tembo Light Electric Vehicles einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Share:
Silicon Valley investor Bill Gurley told CNBC Tuesday that the change in direct listings approved by the United States Securities and Exchange Commission on Tuesday will unquestionably lead to the demise of traditional initial public offerings.
What Happened: Appearing on CNBC’s “Closing Bell” program, the general partner at Benchmark hailed the SEC move on direct listings and said it was a dawn of a superior alternative to the traditional IPOs, which he termed “archaic.”
The investor said the legacy IPO process has “resulted in massive one-day wealth transfers straight from founders, employees and investors to the buy side.”
Kubient Announces Pricing of Upsized $18 0 Million Public Offering of Common Stock cnweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnweekly.com Daily Mail and Mail on Sunday newspapers.
To embed, copy and paste the code into your website or blog:
On December 11, 2020, the United States Department of Labor (DOL) issued a pre-publication version of its final regulations with respect to proxy voting in plans that are subject to the Employee Retirement Income Security Act of 1974 (ERISA). The purpose of the rule is to clarify the DOL’s longstanding position regarding fiduciary responsibilities to vote proxies, to coordinate with recent changes implemented by the United States Securities and Exchange Commission (SEC) for investment advisers, and to dovetail on recent changes in DOL guidance regarding ERISA plan investments that promote environmental, social, and governance (ESG) principles. These final regulations generally apply following the expiration of the 30-day period following publication in the Federal Register (although certain provisions are not effective until January 31, 2022 for plan fiduciaries other than investment advisers).