Starboard Value, led by activist investor Jeff Smith, has recently acquired a significant stake in graphics-design firm Autodesk. The fund has engaged in discussions with Autodesk’s board regarding serious concerns surrounding the company’s internal investigation. The investigation ultimately led to the removal of Autodesk’s chief financial officer due to misleading disclosures about free cash flow
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Meta’s ambitious A.I. push has hit a roadblock in Europe, where the company has been forced to scale back its A.I. plans due to concerns about how it is fueling its A.I. models with user data from both Facebook and Instagram. According to Reuters, Meta will not be launching its A.I. models in Europe for
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Robot dogs have increasingly become a common sight in the US military, finding various applications beyond just patrolling sensitive installations. These robotic canines are designed to act as an extra set of eyes and ears, aiding in computing large amounts of data at strategic locations across military bases. Major Jordan Criss, the commander of the
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In January, the long-awaited bitcoin exchange-traded funds were finally launched, and financial advisors are starting to embrace them. According to BlackRock’s Samara Cohen, the adoption is happening gradually, with about 80% of bitcoin ETF purchases being made by self-directed investors. However, hedge funds and brokerages have also shown interest, based on recent 13-F filings. Despite
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