Theo Francis
WSJ reporter covering business, big companies. More at wsj.com/news/author/theo-francis and at theofrancis.com
- It’s easy to forget the Internet’s guts & sinews. But cyberspace doesn’t permeate thin air over long distances. Drew FitzGerald explains: Red Sea Conflict Threatens Key Internet Cables www.wsj.com/business/…
- Layoffs keep coming in big tech, but the workforce remains huge, thanks to dramatic hiring earlier. Revenue is up a lot too. The numbers are remarkable — Amazon’s workforce has doubled; several other FANG companies are 50% bigger... theofrancis.micro.blog/2024/02/29/layoffs-…
- Business judgment? Elon Musk & other big shareholders push back against scrutiny they get from Delaware’s famously business-friendly courts, reincorporating in Nevada or Texas and trying to ease Delaware’s legal constraints. My latest in the WSJ, with Erin Mulvaney: on.wsj.com/3SCqJ65
- It depends what the meaning of “independent” is? Really remarkable reporting and detail here from my WSJ coworkers: The Money and Drugs That Tie Elon Musk to Some Tesla Directors www.wsj.com/tech/elon…
- Reed Hastings gave 2 million Netflix shares — worth some $1.1 billion — to a Silicon Valley charity last week. It’s a big gift for Hastings — 40% of the shares he owned outright. It’s also a big gift for the recipient, Silicon Vall... theofrancis.micro.blog/2024/01/29/reed-has…
- Finished reading: Our Enemies Will Vanish by Yaroslav Trofimov 📚 — Compelling, and good insight into just how the first year-plus of the war in Ukraine unfolded, by one of the very best foreign correspondents out there
- Finished reading: Striving by Jo Thomas 📚 — a great look at the challenges her generation faced, framed by some of the most consequential events of the 1960s through the early 2000s. Thomas covered civil rights, the Mob in D... theofrancis.micro.blog/2024/01/20/finished…
- Just downloaded Epilogue, but the book I want to add doesn’t show up. How can I add it? @jean – not sure if you’re the right one to ask
- Personal use of the corporate jet by top executives has soared at the biggest U.S. companies. The pandemic contributed — but most of the increase came at companies that provided the perk already in 2019. Every sign suggests the increase continues. My latest in the WSJ: www.wsj.com/business/the...
- A beautiful memorial for a beautiful & remarkable person -- & a kick-ass reporter -- who's left more of a legacy in the state of Florida and newsrooms across the country than I can even begin to describe. I am fortunate to have known her even a little. RIP, Lucy Morgan. (And give 'em hell up there.)
- This summer I wrote about 9 CEOs who made more than Apple's Tim Cook in 2022. One, a Harvard Law prodigy, ran a legal-software company I hadn't heard of, CS Disco. Last week, he quit -- leaving behind $110M in options. Today we told the story behind the story... www.wsj.com/business/ceo... $LAW
