🟡 Business — and the way companies operate — is transforming in ways both subtle and seismic. To help decode the fast-changing forces reshaping business and markets, Semafor is launching Compound Interest from Semafor Business — a show featuring in-depth conversations with the leaders building the next chapter of the global economy. Led by @lizrhoffman and @rogoswami, Compound Interest will pull back the curtain and talk directly to the operators, experts, and innovators behind some of the world's most consequential companies.

Friend pointed out that if Telsa and SpaceX do merge, it would likely satisfy the "change in control" clause in Musk's comp agreement with TSLA, meaning he gets the payoff without meeting the operational targets.

Mark Walter is looking to sell the Los Angeles Sparks. He's asking for more than $700 million, which would be a record for a WNBA franchise. Scoop with @AvatarRandall and @sridinats bloomberg.com/news/articles/…

$FOX $ROKU Not a good sign when a top advisor to the President is deeply opposed. “Today, Fox attacks with contracts. With Roku, it would own the distributor — and Roku is a proven predator.” washingtontimes.com/news/202…

GM just announced the biggest stock buyback in automotive industry history. Instead of investing in their workers or new product lines, GM executives are robbing from the future to pay themselves and their shareholders today. Stock buybacks should be illegal.

This is utterly heartbreaking liverpoolecho.co.uk/sport/fo…

“I had never considered that the stand-up southern man I’d married might struggle so profoundly with our uneven earnings. The marriage quietly cracked underneath the weight of that imbalance,” writes April Lockhart. Lockhart, who works as a fashion influencer, learned that her husband, Scott, had been cheating on her for almost a year. They’d never signed a prenup, and under Tennessee’s equitable-distribution laws, marital assets in a divorce are subject to division regardless of who earned them. “I had never before considered that a source for concern,” she writes. “If anything, it’s what seemed most fair: The laws exist in part to protect spouses who step back from wage-based work to focus on unpaid labor that’s no less demanding, like keeping a home or raising children.” “Yet I now had a unique vantage point: I belonged to the small but growing percentage of American opposite-sex marriages in which the wife is the couple’s sole or primary breadwinner. And it seemed my husband had come to resent, even envy, the ambition that had drawn him to me in the first place.” In a new essay, Lockhart writes about how ambition and marriage had pulled her in opposite directions — after it was clear that her success had become a kind of ceiling for her husband. Read it in full: nymag.visitlink.me/YPND88

News @semafor: Southeastern is preparing to mount proxy fight at Mattel, sources say. Separately, Ariel has expressed a desire for change at Mattel in private convos, sources say. Pressure mounts on CEO Roger Lynch. $MAT semafor.com/article/10/21/20…

News @semafor: Southeastern is preparing to mount proxy fight at Mattel, sources say. Separately, Ariel has expressed a desire for change at Mattel in private convos, sources say. Pressure mounts on CEO Roger Lynch. $MAT semafor.com/article/10/21/20…