Match Group reports Q2 revenue up 4% YoY to $864M, says the decline in paying users is stabilizing, and plans to 6% of its staff; MTCH jumps 7%+
» Total Revenue grew 4% over the prior year quarter to $864 million. Reuters : Tinder parent Match to cut 6% jobs as activist investors seek changes Yahoo Finance : Match Group, Inc. Overview Internet...
Q&A with Pinterest CEO Bill Ready on why social media turned toxic, his vision for a less toxic platform that can use AI for good, activist investors, and more
Hannah Murphy / Financial Times :
Filings: a nonbinding proposal on whether Marc Benioff should continue as Salesforce's board chair got 23% of the vote, vs. ~37% in 2022; CRM is up 55%+ in 2023
Brody Ford / Bloomberg : Tweets: @brodyford_ and @business Tweets: Brody Ford / @brodyford_ : New: Fewer investors want to boot Salesforce's Marc Benioff compared to last year. Hard for them to be ma...
Salesforce reports Q4 revenue up 14% YoY to $8.38B, vs. $7.99B est., Q1 revenue guidance above est., and doubles its share buyback to $20B; CRM jumps 10%+
CRM giant beats growth forecasts, guides strongly and announces more shareholder return Jordan Novet / CNBC : Salesforce shares jump 16% on better-than-expected forecast Orianna Rosa Royle / Fortune :...
Sources: Salesforce is still paying Matthew McConaughey $10M a year to act as a “creative adviser” despite thousands of layoffs and multiple activist investors
The $160 billion business-software company has joined the tech industry's retrenchment, laying off thousands
Toshiba shareholders reject two proposals, one by management to spin off Toshiba's devices unit and another backed by activist investors to seek buyout offers
Possible reasons Dorsey stepped down, including activist investors and disinterest in the role, and what to expect from Parag Agarwal, who has focused on crypto
Theories on why now, and what to expect from Parag Agrawal's Twitter — This story is part of a group of stories called
Twitter says Silver Lake will invest $1B as it enters into an agreement with Elliott Management to avoid ousting Dorsey and launches a $2B share buyback program
If an emerging growth company, indicate by check mark … Oana Ularu / BitcoinExchangeGuide : Jack Dorsey Keeps Title As Twitter's CEO After $2 Billion Deal With Elliott Management Kevin Raposo / KnowTe...
Sources: Elliott Management has taken a “sizable” stake in Twitter, nominated four directors to Twitter's board, and seeks to replace CEO Jack Dorsey
the corporate right —is taking over everything. Wow. Singer's Elliott Seeks to Replace Twitter CEO Dorsey https://www.bloomberg.com/... Isn't Singer the one who started the Steele Dossier for either C...
Fujifilm sues Xerox for $1B+ after Xerox abandoned the planned merger with Fujifilm due to pressure from activist investors Carl Icahn and Darwin Deason
Jonathan Stempel / Reuters :