Satya Nadella: “I want to use this tactically vs. GOOG/AAPL” (2022)

Re:Satya Nadella: “I want to use this tactically vs. GOOG/AA... by DrBenCarson on Saturday September 16, 2023 @07:19PM (#37539818)

Corporations are required to hang on to communications for N years (depending on their type of business and whether or not they are under consent decree)

IMO rules like this are why American corporations are investable. Rule of law is and must be respected.

[ Parent | on HN ]

Re:Satya Nadella: “I want to use this tactically vs. GOOG/AA... by psunavy03 on Saturday September 16, 2023 @08:23PM (#37540246)

I'm no lawyer, but this is context-dependent. I have worked in companies where all emails not legally required to be retained longer were auto-deleted after 90 days, Zoom was auto-deleted after 24 hours, and getting any kind of persistent chat was an utter ass-pain, all because Legal was paranoid about liability.

[ Parent | on HN ]

Re:Satya Nadella: “I want to use this tactically vs. GOOG/AA... by dharmab on Saturday September 16, 2023 @10:33PM (#37540924)

If the company is public, SOX requires 7 years minimum.

[ Parent | on HN ]

Re:Satya Nadella: “I want to use this tactically vs. GOOG/AA... by Mistletoe on Monday September 18, 2023 @08:34AM (#37555293)

This is interesting to learn. Are other countries required to do this? I’m always searching for reasons US stocks have outperformed global for quite some time now.

[ Parent | on HN ]