Apple, Twitter’s largest advertiser, withdrew many ads from the platform after Elon Musk took over on October 30, 2022. After some tweets by Musk about Apple’s 30% fee collected when users of iPhones and iPads use their apps to make purchases, Apple CEO Tim Cook and...
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The basics of the business judgment rule in California
For any company in California to run successfully, shareholders must elect directors to make decisions that propel the business forward and ensure profits. However, all decisions carry some risk; therefore, it would seem unfair for shareholders to punish the directors...
FTC Reviewing Non-Compete Agreements
A non-compete agreement is a contract or clause that restricts an ex-employee from working for a competitor or working within certain bounds defined in the agreement. Non-competes are increasingly common in California, especially in the tech industry. The power of...
Important employment contract terms
When recruiting employees in California, business owners often use employment contracts to define the terms and conditions of each employee's work. Employment contracts include a variety of clauses that serve to protect both the business and the employee in the event...