Latest in Activist investor ValueAct has $1 billion stake in Meta, sources say
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Activist investor ValueAct has $1 billion stake in Meta, sources say
Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.Business - CNBC - November 12 -
Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in Honeywell and is pushing the company to break itself up into two businesses.Business - CNBC - November 12 -
Assisted dying: caution and compromise may end in dissatisfaction
Politicians who support a law change in principle may still vote against the bill that currently falls shortWorld - Financial Times - November 12 -
Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here’s how
Artificial intelligence is a powerful tool in Meta Platforms' arsenal, and if it's optimized, it can contribute to earnings per share growth.Business - CNBC - 5 days ago -
Nissan shares jump after activist investor takes stake
Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companiesWorld - Financial Times - November 12 -
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - November 11 -
Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop
OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.Business - CNBC - October 29 -
Venezuelan opposition says detained activist has been murdered
VP party holds Maduro regime responsible for death of Edwin Santos who had been picked up by security officials. A major Venezuelan opposition party has said that one of its activists was murdered ...World - The Guardian - October 25 -
Ex-NBA stars Carter, McGrady part of group seeking to buy stake in Buffalo Bills, AP source says
Former NBA stars Vince Carter and Tracy McGrady are part of a group being considered by the NFL to purchase a non-controlling minority stake in the Buffalo BillsSports - ABC News - 2 days ago -
Activist Engine Capital nominates six directors at software maker Dye & Durham, sources say
Activist investor Engine Capital intends to nominate a slate of six director candidates to Canadian software maker Dye & Durham's board.Business - CNBC - November 4 -
Sotomayor has no plans to resign from Supreme Court, sources say
Despite speculation in liberal legal circles and talk among Democratic senators of urging Justice Sonia Sotomayor to resign, sources close to her say she has no plans to.Top stories - ABC News - November 10 -
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Meta's Threads micro-blogging app now has 275 million monthly users, Zuckerberg says
Threads, Meta's rival to Elon Musk's X app, now has nearly 275 million monthly users, CEO Mark Zuckerberg said Wednesday.Business - CNBC - October 31 -
Nissan Becomes Activist Investor's Next Japanese Target
Effissimo Capital Management says it has built a stake days after the carmaker unveiled sweeping restructuring and cost-cutting plans.Business - The Wall Street Journal - 6 days ago -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
Belarus has arrested scores of relatives of dissidents ahead of presidential vote, activists say
Belarusian authorities have detained over 100 relatives of political prisoners in a new wave of arrests ahead of January’s election in which authoritarian President Alexander Lukashenko is seeking ...World - ABC News - 6 days ago -
Nearly $1 billion has been spent on political ads over the last week
With Election Day around the corner, there's been just shy of $1 billion spent on political ads up and down the ballot in the last week.Politics - NBC News - November 3 -
Nearly $1 billion has been spent on political ads over the last week
There has been just shy of $1 billion spent on political ads in the last week, close to one-tenth of the more than $10 billion spent since the start of 2023.Business - CNBC - November 3 -
Sam Altman Says Every Startup Has This 1 Unique Superpower
The OpenAI CEO argues that startups actually have a specific advantage against their largest competitors.Business - Inc. - November 11 -
French foreign minister says conference for Lebanon raised $1 billion in pledges for humanitarian aid, military support
French foreign minister says conference for Lebanon raised $1 billion in pledges for humanitarian aid, military supportWorld - ABC News - October 24 -
Jeff Vinik sells stake in NHL's Tampa Bay Lightning to investor group
Jeff Vinik sold a portion of the NHL's Tampa Bay Lightning to a group of investors led by Doug Ostrover and Marc Lipschultz, both of Blue Owl Capital.Business - CNBC - October 24 -
Waymo Raises $5.6 Billion From Outside Investors
Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.Business - The New York Times - October 28 -
Cowboys QB Dak Prescott has a hamstring tear and surgery is an option, AP source says
A person with knowledge of the situation says Dak Prescott’s injured hamstring is partially torn away from the bone and surgery for the star quarterback of the Dallas Cowboys is possibleSports - ABC News - November 7 -
How are investors preparing for the Budget?
Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generationBusiness - Financial Times - October 29 -
Honeywell’s stock leaps toward a record after activist investor pushes for a breakup
Shares of Honeywell International Inc. rallied into record territory Tuesday after activist investor Elliott Investment Management L.P. disclosed a large stake and said it was pushing for a breakup ...Business - MarketWatch - November 12 -
Meta’s Reality Labs posts $4.4 billion loss in third quarter
Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.Business - CNBC - October 30 -
Billions at stake in court battle over North Sea oil
Lawyers and campaigners have made their arguments before Lord Ericht in Edinburgh this week.Top stories - BBC News - 5 days ago -
Thrive Capital: the venture firm staking billions on a few big bets
The ‘all in or all out’ approach of Josh Kushner’s VC business inverts the traditional venture model. Will it pay off?Business - Financial Times - 17 hours ago -
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UEFA pledges $1 billion to grow women's soccer
UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.Sports - ESPN - October 30 -
Meta Horizon Worlds Has Been Taken Over by Children
Lowered age restrictions and cheaper VR headsets have led to young kids hijacking the metaverse. Maybe we should let them keep it.Tech - Wired - November 12 -
Here are the stakes for stocks, bonds, gold and other markets as investors await too-close-to-call election
Investors are bracing for a range of scenarios after voters finish going to the polls on Tuesday.Business - MarketWatch - November 2 -
Pacers' Wiseman suffers torn Achilles in opener
Pacers center James Wiseman suffered a torn left Achilles tendon during Wednesday's season opener vs. the Pistons, the team said.Sports - ESPN - October 25 -
Southwest and activist investor Elliott strike deal to keep CEO Bob Jordan, add six new directors
Southwest Airlines stuck a deal with activist Elliott which staves off a potential proxy fight in exchange for sizable board representation.Business - CNBC - October 24 -
For investors, 'there are a number of reasons to be bullish,' JPMorgan strategist says
J.P. Morgan Asset Management's Jordan Jackson is forecasting markets will bounce back by the end of the year.Business - CNBC - October 24 -
There’s a ‘generational opportunity’ for investors in this sector, says JPMorgan
Look to real estate as stocks’ high valuations means they may not offer great returns in coming yearsBusiness - MarketWatch - October 28 -
Women raped in war-hit Sudan die by suicide, activists say
Several women raped by paramilitary fighters in Gezira state have taken their own lives, activists say.Top stories - BBC News - October 31