As per the pact, the media unit of Reliance and its affiliates are expected to own at least 61 per cent in the merged entity, with Disney holding the rest.
Hotelling is named on multiple patents that relate to the iPhone and iPad's touch screen features along with being one of the inventors of Apple devices' Touch ID feature, according to the Bloomberg report. Apple did not immediately respond to a Reuters request for comment. Hotelling has represented Apple in multiple legal trials over his two-decade career with the company, the Bloomberg report said.
“It’s not a giant pile of cash. I really just own stock in the companies that I was instrumental in creating,” Musk posted. He said that technically, he “loses” way more than “every time Tesla stock randomly drops”. Elon Musk Making USD 142,690 Every Minute? Tech Billionaire Denies Reports, Says Losing ‘Way More’ Whenever Tesla Stock Nosedive.