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Ryanair boss may get his $110m bonus

When shareholders narrowly voted to approve a possible 99 million euros ($110 million) bonus for Ryanair Holdings Plc boss Michael O’Leary in September, it seemed unlikely they’d actually have to pay him the money. The terms of the reward plan require O’Leary to get the stock price back above 21 euros, and at the time of the annual meeting it ...

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Facebook’s deepfake ban doesn’t go far enough

Facebook says that it is banning “deepfakes,” those high-tech doctored videos and audios that are essentially indistinguishable from the real thing. That’s excellent news — an important step in the right direction. But the company didn’t go quite far enough, and important questions remain. Policing deepfakes isn’t simple. As Facebook pointed out in its announcement this week, media can be ...

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China opens up to oil majors at wrong time

Broad new horizons in key markets are opening for the world’s energy companies. Don’t expect to see a land rush any time soon. China will allow all large domestic and foreign companies to apply for oil and gas exploration licenses that were previously only open to state-owned enterprises, the country’s resources ministry said at a briefing. In India, regulators will ...

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