- Benzinga
Broadcom Faces Backlash Over Licensing, EU Trade Groups Demand Investigation
On Monday, critics of Broadcom Inc (NASDAQ:AVGO) dismissed the U.S. chipmaker’s revisions to its cloud licensing practices, arguing that the changes fail to resolve their concerns over alleged price increases, unfair software licensing terms, and product bundling. Last week, Broadcom CEO Hock Tan announced in a blog post a series of modifications to the licensing conditions of the recently acquired cloud computing company VMware, following grievances from some EU business users and a trade group
- Zacks
Broadcom Inc. (AVGO) Gains But Lags Market: What You Should Know
In the most recent trading session, Broadcom Inc. (AVGO) closed at $1,211.49, indicating a +0.56% shift from the previous trading day.
- Barrons.com
CEO Pay Jumped to a Record $23.7 Million. But That’s Not the Whole Story.
Median pay for America’s top CEOs rose 11.4% in 2023 to a record $23.7 million, according to pay consulting group Equilar. The increase in CEO pay is well ahead of the 3.4% inflation rate in 2023 and the 4.3% gain for the average worker. Topping Equilar’s list is Broadcom CEO Hock Tan, with total compensation of $161.8 million last year.
