- Fortune
More and more companies are paying their ERG chiefs—Here’s how they compensate these informal leaders
There’s not just one way to pay the head of an employee resource group.
- Reuters
Starboard presses for changes at Autodesk after accounting probe
Starboard said in a letter on Tuesday that Autodesk was maintaining a misleading "all is well" narrative and had dented investor trust with a "wholly inadequate response" to an accounting issue it disclosed recently. The letter comes after Autodesk said there would be no reinstatement of its financial statements after a months-long probe it conducted into certain accounting practices, which had delayed the annual report and hit its share price. Autodesk disclosed in May that, to meet free cash flow targets, it continued entering into multi-year, upfront contracts with enterprise customers through 2023 despite previously announcing a transition to annual billings a year earlier.
- InvestorPlace
3 Metaverse Stocks to Sell in June Before They Crash & Burn
During 2023, Coolest Gadgets reported a 31% increase in annual sales of virtual reality (VR) headsets. 2024 is heading in the same direction, with an estimated 14.31 million units sold versus 11.2 million units sold in 2023. This bodes well for long-term metaverse exposure as a VR-enhanced experience across immersive environments and seamless interactions, although some analysts suggest there are specific metaverse stocks to sell. However, only a few companies, like Meta Platforms (NASDAQ:META),
