PRESS DIGEST – Financial Times – April 12

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Here are the top stories from the Financial Times. Reuters has not verified these stories and does not guarantee their accuracy. Securities

– Elon Musk decides not to join Twitter’s board at.ft.com/3rhUA73 – NSO Group’s private equity manager faces ousting in court battle at.ft.com/3O7DZga

– Axa shareholders urged to vote against new CEO compensation package at.ft.com/3xkXdbX – Epic Games gets $2 billion from Sony and Lego to create gaming metaverse at.ft.com/38CjmrX

Preview – Elon Musk has confirmed he will not be joining Twitter Inc’s board, although he said he could “engage in discussions” with directors “without limitation”, opening the door for involvement future in the company’s strategy.

– The US consultancy that oversees Israeli spyware maker NSO Group faces being kicked out of its role after a London judge ruled a legal attempt to oust it could go as far as a trial. – Proxy advisor ISS recommends investors vote against a proposed new salary package for Axa chief executive Thomas Buberl, arguing that the insurer failed to provide sufficient justification for an offer that would include a pay rise by 14%.

– Epic Games, the maker of Fortnite, has secured $2 billion in new funding from Sony Group Corp and the group behind the Lego franchise as the world’s leading game companies race to create a ‘metaverse’ filled with avatars. (Compiled by Bengaluru Newsroom)

(This story has not been edited by the Devdiscourse team and is auto-generated from a syndicated feed.)

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