When India’s minister for commerce and industry recently urged his followers to “connect with me” on Koo, an “Indian micro-blogging platform,” he did so on Twitter. That should be a lesson to the US social media giant: In its battles with India’s government and others around the world, the platform needn’t surrender its principles too easily. The implied threat from ...

Along with the news that founder and long-time Chief Executive Officer Jeff Bezos “will transition to the role of Executive Chair in the third quarter of 2021,” Amazon.com Inc’s fourth-quarter earnings release included the remarkable if not exactly surprising disclosure that the company had spent $42.7 billion on “technology and content” in 2020, up 19% from the year before and ...

Like the proverbial buses, we waited a while for an activist to show up at Exxon Mobil Corp and then three came along. The third is Jeff Ubben, founder and former head of ValueAct Capital Management, who is now reportedly raising an $8 billion ESG fund for his new firm, Inclusive Capital Partners. He arrives in the wake of Engine ...