Enterprise

Starboard Value, the activist fund managed by Jeff Smith, has recently acquired a significant stake in graphics-design company Autodesk and has engaged in discussions with the company’s board regarding various concerns. One of the primary issues revolves around an internal investigation conducted by Autodesk, which resulted in the removal of its chief financial officer. Starboard’s
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The introduction of long-awaited bitcoin exchange traded funds in January has piqued the interest of financial advisors, albeit slowly. According to BlackRock’s Samara Cohen, about 80% of bitcoin ETF purchases seem to be coming from self-directed investors rather than financial advisors. Speaking at the Coinbase State of Crypto Summit in New York City, Cohen mentioned
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In response to the European Union’s announcement of higher tariffs on Chinese electric vehicles (EVs), shares of Chinese EV makers saw a surge in the market. Hong Kong’s Hang Seng index experienced a 1.23% increase, largely driven by gains in EV stocks. Among the top gainers were companies like BYD, Geely, Nio, and Li Auto,
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British computing startup Raspberry Pi is preparing to raise a substantial amount of money through its initial public offering. The company is expected to garner £166 million ($211.2 million) from this IPO, a move that could potentially inject fresh life into London’s main stock exchange. In an industry where technology listings have been scarce, Raspberry
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