Bloomberg Silicon Valley spent more than a decade finding ways to give company founders more control. When Facebook Inc. tried to follow suit, shareholders pushed back. Google started it with a 2004 initial public offering that gave co-founders Larry Page and Sergey Brin voting rights well beyond their economic stakes in the search giant. Groupon Inc., Zynga Inc. and Facebook ...

Bloomberg As new Nestle SA Chief Executive Officer Mark Schneider prepares to lay out his strategic vision for the Swiss food giant, his plans will be overshadowed by a changing of the guard at another European consumer-goods giant—L’Oreal SA of France. Nestle owns 23 percent of the French cosmetics maker, and the death of heiress Liliane Bettencourt raises questions about ...

Bloomberg Tesla Inc. has generated nearly $1 billion in revenue the last five years from an unlikely source: Rival automakers. Needless to say, the other companies aren’t happy. California requires that automakers sell electric and other non-polluting vehicles in proportion to their market share. If the manufacturers don’t sell enough of them, they have to purchase credits from competitors to ...