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 - Yesterday

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 - Yesterday

Intel seeks billions for minority stake in Altera business, sources say

This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.

Business - CNBC - October 18

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 short

World - Financial Times - 2 days ago

Nissan shares jump after activist investor takes stake

Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companies

World - Financial Times - 2 days ago

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 - 3 days ago

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

An activist investor reportedly wants Cheesecake Factory to split up. Analysts say it doesn’t need to.

Shares of Cheesecake Factory Inc. got a lift after hours on Monday after the Wall Street Journal reported that an activist investor is pressing the casual-dining chain to spin off a handful of its ...

Business - MarketWatch - October 22

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.

Meta under fire for ‘polluting’ open-source

Open Source Initiative chief criticises tech group for using the term to describe its Llama models

Business - Financial Times - October 17

Kenvue shares surge after activist Starboard takes stake

Starboard Value has amassed a significant stake in Kenvue, which spun out of Johnson & Johnson in mid-2023.

Business - CNBC - October 21

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

Jet-tracker who watched Zuckerberg, Trump, Musk says Meta has banned his accounts

Meta has removed accounts that track the plane movements of its CEO Mark Zuckerberg, X owner Elon Musk, Jeff Bezos, Kim Kardashian, former President Trump and others, account owner Jack Sweeney ...

Politics - The Hill - October 22

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

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

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 generation

Business - 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 - 2 days ago

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

French foreign minister says conference for Lebanon raised $1 billion in pledges for humanitarian aid, military support

World - ABC News - October 24

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. - 2 days ago

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

Citi has a new theory about the economy — and says investors should pick stocks that can stand on their own

Strategists at Citi like companies where there are positive trends on return on equity that are driven by operations instead of buybacks.

Business - MarketWatch - October 22

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 possible

Sports - ABC News - 6 days ago

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

Belarus adds 1 year to imprisoned opposition activist's sentence

A court in Belarus has sentenced an imprisoned opponent of hardline President Alexander Lukashenko to an additional year behind bars for disobeying prison officials

World - ABC News - October 15

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

Paris aid conference mobilizes €1 billion for Lebanon

World - Yahoo News - October 24

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

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

Meta Introduces Spirit LM open source model that combines text and speech inputs/outputs

Spirit LM Expressive incorporates emotional cues into its speech generation and can detect and reflect anger, surprise, or joy.

Tech - VentureBeat - October 19

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 - 2 days ago

Source: Raiders QB O'Connell has broken thumb

Raiders QB Aidan O'Connell suffered a broken thumb in Sunday's game vs. the Rams and will undergo more tests Monday, a source told ESPN.

Sports - ESPN - October 20

MRI confirms QB Watson has ruptured Achilles

An MRI revealed that Browns quarterback Deshaun Watson has a season-ending ruptured right Achilles.

Sports - ESPN - October 21

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