Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Green shoots are emerging for Europe’s tech startups after a two-year investment drought, as dealmaking among early-stage companies increases and venture capitalists raise new funds. Creandum, an early backer of Spotify, Klarna and Depop, unveiled … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Tens of thousands of Tesla’s international retail shareholders, with about $17 billion in shares, may not be able to vote at the annual meeting because investment platforms have failed to set up adequate cross-border systems. … Read more
VCs are clamoring for investments in “hot AI” companies, willing to pay exorbitant stock prices for coveted spots on their cap tables. Yet most are completely unable to make such deals. Yet small, unknown investors, including family offices and high-net-worth individuals, have found their own way to grab shares of the hottest private startups like … Read more
Tesla investors are lobbying to shoot down the largest moonshot compensation plan in history. A group including New York City pension funds filed a notice Monday urging others to vote against Tesla CEO Elon Musk’s $46 billion stock option package at the company’s June 13 shareholder meeting. New York City Comptroller Brad Lander, who serves … Read more
Image source, Getty Images Item information Author, Dearbail Jordan Role, Business reporter, BBC News 6 hours ago Shareholders of some of Britain’s biggest water companies have withdrawn tens of billions of pounds but failed to invest, new research shows, as companies plan to increase household bills to fund future spending. Investors have withdrawn £85.2 billion … Read more
Image source, Getty Images Image caption, Bubble tea has found a sweet spot among millions, but has left a bitter taste in the mouths of some investors Item information Author, Joao da Silva Role, Business reporter 2 hours ago From its origins in Taiwan in the 1980s to the current global craze, bubble tea or … Read more