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Teacher Retirement System of Texas
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Exclusive: Hedge Fund Third Point Urges Intel To Explore Deal Options
Posted on: Jan. 23, 2021, 7:51 a.m.
(Reuters) - Activist hedge fund Third Point LLC is pushing Intel Corp to explore strategic alternatives, including whether it should keep chip design and production under one roof, according to a letter it sent to the company’s chairman on Tuesday that was reviewed by Reuters. Were it to gain traction, Third Point’s push for changes could lead to a major shakeup at Intel, which has been slow to respond to investor calls to outsource more of its manufacturing capacity. Full investment news article
Relevent to this post:
Daniel Loeb,
Innovation Disrupt... Or Be Disrupted
Posted on: Jan. 22, 2021, 6:31 p.m.
Speaking of the horse, the personal transportation industry is an industry currently in the crosshairs of a disruptive moment. : Around 5,000 years ago (2.5 times as far back as Rome), humanity first domesticated the horse. This new invention impacted economics, travel, and military to such a degree that population trends across three continents forever changed. The domestication of the horse was a disruptive technology that completely replaced the earlier way of doing things. Full investment news article
Relevent to this post: Equitas Partners LLC
Fidelity Investments,