After disclosing a $500 million stake in Autodesk, Starboard is suing the software vendor to delay its annual shareholder meeting.
Category: Technology
Apple analyst Kuo says new Apple Watch will include larger screen, thinner design
Apple analyst Ming-Chi Kuo said in a blog post that he expects the Apple Watch Series 10 to offer a thinner design and bigger screens.
Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure
Autodesk has been under deep scrutiny over an accounting scandal that led to the resignation of its CFO over potentially inflated financial metrics.
Jared Kushner’s post-White House deal-making included badly timed bet on Amazon aggregator
Shortly after leaving the Trump White House, Jared Kushner was putting Saudi money to work across a host of businesses, including Amazon aggregator Unybrands.
Microsoft to delay launch of AI Recall tool due to security concerns
Recall will shift from being a “broadly available” tool to a preview feature available only through the Windows Insiders Program.
Google-backed Tempus AI closes first day of trading up 9% in Nasdaq stock market debut
Tempus AI rose by as much as 15% on Friday after the health-care diagnostics company priced its IPO at $37, the high end of its offering range.
Adobe shares surge 15% for sharpest rally since 2020
Adobe reported better-than-expected earnings and revenue, lifting the stock to its biggest gain in more than four years.
This fintech configures expense cards to block misuse — and investors just backed it with millions
Irish fintech CleverCards uses a digital platform linked to configurable expense cards to give companies control over how employees use their corporate cards.
Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today
At Tesla’s annual shareholder meeting on Thursday, CEO Elon Musk said the company’s jump into humanoid robots could lift its market cap by almost 50-fold.
Databricks tells investors annualized revenue will reach $2.4 billion at midway point of year
Databricks says it’s signing up more big customers, and existing clients are spending more.