Starboard Value, an activist investor, has made a bold move to dissolve News Corp’s dual-class share structure. This is seen as a direct challenge to the Murdoch family’s control over the Wall Street Journal parent company. The push was initiated through a non-binding shareholder resolution, indicating a strong desire to shake up the current ownership
Campaigns
As the National Football League (NFL) season ramps up, automakers are making a comeback in advertising during games, showcasing their vehicles to a wide audience. Giants in the automotive industry such as Toyota Motor Corporation, Hyundai Motor Company, and the Detroit automakers are among those expected to take advantage of the NFL platform to promote
With the announcement of the major party tickets, voters are paying close attention to the personal finance policies proposed by the candidates. Vice President Kamala Harris has teamed up with Minnesota Gov. Tim Walz, while former President Donald Trump has selected Sen. JD Vance of Ohio as his running mate. Both pairs are engaging in
Artificial Intelligence (AI) has been a hot topic in the stock market, with leading AI chipmaker Nvidia soaring by nearly 155% this year. While semiconductor stocks and technology giants like Amazon have reaped the benefits of the AI trend, RBC Capital Markets is highlighting some alternative ways to play the theme. RBC Capital Markets views
DogeLend, a recently launched ERC20 token, is looking to capitalize on the widespread popularity of Dogecoin while presenting a fresh spin on the concept. Originally founded as a joke by Billy Markus and Jackson Palmer, Dogecoin has transformed into a cultural phenomenon, demonstrating the potential success of meme coins within the cryptocurrency space. Despite this,
Sonic, the first atomic SVM chain enabling sovereign game economies on Solana, has recently achieved a significant milestone with the launch of its incentivized testnet named “Odyssey.” This testnet has successfully connected over 100,000 wallets and facilitated more than 17 million transactions, setting the stage for a successful mainnet launch in the near future. Backed
In a recent announcement, AdEx declared the launch of its updated platform, positioning itself as a key tool for Web3 advertisers seeking to engage with a wider Web2 audience. This strategic move comes with a myriad of technological advancements, such as the integration of Artificial Intelligence (AI) and Zero-Knowledge (ZK) privacy protocols. These updates aim
ChainwireHashKey Global is set to introduce the second phase of its Launchpool project, featuring Aethir (ATH), on June 11, 2024. This initiative allows users to lock ATH or USDT to access a pool of 5,870,000 ATH. The locking period spans 3 days, kicking off on June 11 at 02:00 (UTC), with rewards commencing on June
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Wolfspeed, a semiconductor company specializing in silicon carbide technologies, has been facing several challenges despite its leading position in the market. This analysis will delve into the company’s current situation, activist commentary from Jana, and the proposed strategic alternatives for Wolfspeed to overcome its obstacles. Wolfspeed’s focus on silicon carbide material and power devices for