Musk donated 5.04 million shares of Tesla stock; Wen Heyou responded with a large number of layoffs

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Musk donated 5.04 million shares of Tesla stock to charity

Musk finally donated, but the United Nations received nothing.

Last November, WFP officials at the United Nations World Food Programme called out to Musk, saying he could solve global hunger if he donated $6 billion. In response, Musk responded that if WFP can transparently and openly explain how the funds are used, he will immediately sell Tesla stock to solve the problem of hunger.

Musk did reportedly donate 5.04 million shares of Tesla stock worth $5.7 billion to an unknown charity last November, making him one of the largest philanthropic donors in the United States in 2021.

But the money did not go to the U.N.'s World Food Programme, and the WFP said it had not received any news from Musk.

Some analysts say Musk may receive tax breaks by donating Tesla stock because shares donated to charities are not subject to capital gains tax when they are sold. For this donation, Musk could save $5.7 billion in 40 to 50 percent in taxes, or exempt up to $2.8 billion in taxes.

Therefore, many rich people in the United States are keen on charitable donations, and the charities that donate are often operated by themselves.

At the same time as last year's donation, Musk also sold more than $16 billion in Tesla stock and converted about 22.9 million stock options into stock. The massive sell-off of stocks has allowed Musk to pay more than $11 billion in taxes in 2021, and a large donation could help offset some of that amount.

Luckin registered the Crooked Drop Ace trademark

According to the Tianyancha App, recently, luckin Coffee (China) Co., Ltd. applied for the "Crooked Drop Ace" trademark successfully registered, and the related trademark application was in May 2021, and the international classification was advertised for sales and convenience foods.

In addition, the trademark "Crooked Drop Ace" applied for by Beijing Asakusa Junzang Culture Communication Co., Ltd. was also successfully registered, and it was internationally classified as fitness equipment.

Wen Heyou responded to a large-scale layoff

According to a number of employees, Wen Heyou has launched a round of large-scale layoffs a few years ago, and more than 60% of the departments have been laid off; years later, a new round of layoffs is still continuing.

Most of the employees who were laid off this time were hired after July 2021, mainly involving the immersive theater project that WenheYou Changsha plans to launch and the Nanjing Wenheyou Project. In addition to layoffs, the exposed employees also said that Wen Heyou had deducted wages. That is, the monthly salary of Wenheyou employees will not be paid in full, of which 10% of the performance salary will be pressed to the end of the year and the year-end bonus will be issued in one lump sum; and in 2021, there will be no year-end bonus for all employees.

In this regard, the relevant person in charge of Wenheyou Public Relations responded, "The layoffs are normal personnel changes caused by the company's business adjustment, in fact, many positions in the company are still recruiting, and there will be new personnel in the next year." The company's various projects are now in progress, and there will be new projects and formats. ”

Starbucks responded to a coffee price increase

Recently, when some netizens inquired about the official App of Starbucks, they found that the price of many products, including American coffee and latte coffee, was 1-2 yuan higher than before.

In response, Starbucks responded to reporters: "From February 16, 2022, Starbucks will make a slight price increase for some drinks and foods in Chinese mainland stores. All packaged coffee beans and coffee cups and other peripheral goods are not within the scope of this price adjustment. Pricing is based on a number of factors, including operating costs. ”

It is reported that Starbucks has recently caused heated discussions because of "Chongqing Starbucks persuaded the police to leave the door of the store to eat". For the price increase of Starbucks, some netizens said, "The price increase creates a news in order to dilute the heat of another news." ”

The director of the three squirrels was sentenced for accepting a bribe of 5.3 million

According to a judgment published by the China Judgment Documents Network, Cheng Ye, director of the operation department of the Jingdong flagship store of Three Squirrels Co., Ltd., was sentenced to 3 years in prison for accepting bribes from non-state employees.

According to the contents of the document, defendant Cheng Ye joined Three Squirrels Co., Ltd. in December 2014. From December 2017 to December 2019, Cheng Ye took advantage of his position as the captain of the "Three Squirrels" Rat Ono Products Special Team and the head of the Spicy Strip Department of the Product Supply Chain Center, and colluded with defendants Cheng Haibing and Huang Hao or separately instructed the supplier to increase the supply price, and demanded kickbacks from them, totaling 5,302,377.7 yuan. Among them, defendant Cheng Ye participated in accepting bribes totaling 5,302,377.7 yuan, and the actual personal income totaled 4,088,177.7 yuan.

In the end, Cheng Ye was sentenced to 3 years in prison and fined 400,000 yuan for accepting bribes from non-state workers.

Meta changes the company slogan: "Meta. Metamates. Me”

According to foreign media reports, Meta recently announced a new set of slogans "Meta. Metamates. Me" (Metacostem, Meta-Partner, I) indicates that after the company changed its name and intended to fully shift to the Metacostem business, it is planning to reshape the corporate culture. It is reported that the company's original slogan was "Move fast and break things" (quick action, breaking stereotypes).

Zuckerberg said that as the company's development adjusts to a new direction, the company's values also need to change accordingly. Past values such as "move forward boldly" and "focus on impact" have been replaced by "living in the future," "creating great things," and "focusing on long-term impact."

In addition, Zuckerberg promoted his top policy officer, Nick Clegg, to greater authority, and the former British deputy prime minister will lead all policy matters.

Nvidia's fiscal fourth quarter 2022 revenue increased 53% year-over-year

Nvidia announces fiscal fourth quarter and full year 2022 financial results. The report shows that in the quarter, Nvidia's revenue was $7.643 billion, up 53% year-on-year and 8% sequentially; net profit was $3.003 billion, up 106% year-on-year and 22% sequentially; adjusted net profit was $3.350 billion, up 71% year-on-year and 13% month-on-month.

Nvidia's fiscal fourth-quarter 2022 revenue and adjusted earnings per share both exceeded Wall Street analysts' previous expectations and its fiscal first quarter 2023 revenue outlook also exceeded expectations, but its after-hours stock price still fell more than 1%.

Apple CEO Tim Cook is paid 1500 times as many people

According to Phoenix Technology, Institutional Shareholder Services (ISS), a well-known agency consulting firm, urged Apple shareholders to reject Tim Cook's compensation package at shareholders' meetings, citing concerns about the size and structure of his equity award. ISS said in a letter wednesday: "In fiscal 2021, the design and scale of the equity award received by CEO Cook is very worrying. Half of the awards lack performance criteria. ”

Cook's total compensation for fiscal 2021 was $98.7 million, more than five times higher than $14.8 million in fiscal 2020, which included $3 million in base salary and $82.3 million in equity-based rewards. ISS believes that Cook's equity award should be $75 million, half of which is pure tenure rewards. Regulatory documents show That Cook is paid 1,447 times more than the average Apple employee.