Lip-Bu Tan, who was named CEO of Intel this week, will receive $1 million in salary and about $66 million in stocks and grants vesting over the coming years.
Intel shares popped more than 14% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker's attempt to turn around its business.
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.
An emergency arbitrator ruled that former Meta staffer Sarah Wynn-Williams is prohibited from promoting memoir of her tenure at the social media company.