Billionaire Boys Club Member Forum (BBCMF)

[mick]

$AMZN ---


Amazon (NASDAQ:AMZN), Nokia (NYSE:NOK) – Nokia announced that a Munich Regional Court ruled Nokia can block Amazon from selling certain Fire TV Stick products in Germany, accusing Amazon of using Nokia’s patented video technologies without a license. Amazon contested the decision, stating the situation will be resolved soon and expressed dissatisfaction with Nokia’s demands. Both companies are engaged in patent litigation.

Zoom Video Communications (NASDAQ:ZM) – Zoom decided to reduce stock compensation for its employees. CEO Eric Yuan stated that stock dilution has become unsustainable and that the company will adjust its compensation policy, offering more cash bonuses and reducing stock grants. Shares rose 0.5% in pre-market trading, after closing 0.9% higher on Friday.

MicroStrategy (NASDAQ:MSTR) – MicroStrategy raised $1.01 billion by selling convertible senior notes to acquire more Bitcoin and redeem higher-yielding bonds. The company used $458 million to purchase Bitcoin, increasing its total holdings to about 252,220 units, solidifying its position as the largest corporate holder of the cryptocurrency. Shares rose 2.3% in pre-market trading, after closing 0.1% higher on Friday.