In a move that Inc. calls a “Wall Street magic trick,” Facebook’s annual shareholders meeting on Monday yielded passage of a measure to issue 5.7 million shares of a nonvoting C Class stock. Subsequently, co-founder, chairman and CEO Mark Zuckerberg — and the company’s other B Class shareholders can sell off portions of their fortune without diluting their influence over the company. Smith School professor Christine
The Federal Aviation Administration’s initial, comprehensive set of rules for commercial drones will open the floodgates to tens of thousands of unmanned aircraft systems in U.S. airspace. But these flights still won’t include Amazon Prime flying a package to your front door. However, the new rules include “ample leeway,” Smith School marketing professor P.K. Kannan says.
Calling all Smith students, alumni, faculty, and staff! Whether you’re working a full-time job, studying at an internship or vacationing, we’d love for you to send us a short video clip (approximately 30 seconds) showing off your dance moves and Terp pride.
Electric car maker Tesla Motors describes its bid to acquire full-service solar power systems provider SolarCity as a move destined to create the “world’s only vertically integrated energy company offering end-to-end clean energy products to our customers.” But Smith School management professor Brent Goldfarb says such a move is destined to fall flat. He explains his rationale.
School ends Monday for children in Prince George’s County. Summer vacation already has started for students in other parts of the country, which means that families looking to relocate between academic years need to switch into high gear. Clifford Rossi, a mortgage risk expert at the Smith School, shares three tips for buyers and sellers in the seasonal real estate market.