Court of Chancery Orders Production of Emails, Denies Production of Privileged Communications in Books and Records Action
Emps.’ Ret. Sys. of R.I. v. Facebook, Inc.,
C.A. No. 2020-0085-JRS (Del. Ch. Feb. 10, 2021)
In a post-trial opinion, Vice Chancellor Joseph R. Slights III granted a stockholder’s request to inspect directors’ nonprivileged electronic communications, including emails, concerning settlement negotiations for the purpose of investigating whether Facebook overpaid in the settlement to protect its CEO, Mark Zuckerberg, from substantial personal liability.
In July 2019, in connection with a data breach, Facebook agreed to pay $5 billion to the Federal Trade Commission (FTC) in exchange for the release of claims against the company and Mr. Zuckerberg personally. Facebook stockholder Employees’ Retirement System of Rhode Island (ERSRI) sought books and records to investigate whether Facebook spent corporate assets to protect Mr. Zuckerberg. Facebook produced so
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(OPRA) - Opera Rolls Out Opera GX Mobile Browser For Gamers
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Opera Ltd (NASDAQ:OPRA) in a major push for Web 3.0 adoption.
What Happened: According to a recent announcement, Opera users will be able to access .crypto blockchain-powered domains on any platform iOS, Android, Windows, Mac, or Linux. We have always supported web innovation, and the decentralized web or Web3 is the natural next wave. Making Unstoppable Domains accessible in the Opera browsers means our users can try blockchain technologies for themselves. Registering your .crypto domain, which is forever yours, is a great first step into Web3, the company s product director Maciej Kocemba said.
Why It Matters: Opera is quickly becoming a leader in pushing for the adoption of Web 3.0, also often described as the decentralized web.
Opera Ltd (OPRA) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Opera Ltd (NASDAQ: OPRA)
Operator
Welcome to the Opera Limited First Quarter 2021 Earnings Call. [Operator Instructions] I would now like to turn the call over to your speaker today, Derrick Nueman, Head of Investor Relations. Please begin.SPONSORED:
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