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Exclusive: Activist Engaged ready to run proxy fight at BlackLine, sources say
Reuters· 2026-01-12 16:36
Activist investor Engaged Capital is planning to run a proxy fight to install four outside directors at software maker BlackLine , arguing new blood is needed in the boardroom to pursue strategic opti... ...
If You'd Invested $100 in Palantir Stock 1 Year Ago, Here's How Much You'd Have Today
Yahoo Finance· 2026-01-12 16:11
Key Points Palantir has been one of the AI revolution's biggest winners. The business is posting incredible sales growth and margins. The AI stock has soared over the last year and pushed the company's valuation to even more growth-dependent levels. 10 stocks we like better than Palantir Technologies › Palantir (NASDAQ: PLTR) stands as a clear-cut leader in the artificial intelligence (AI) software space. The company's early prioritization of data-gathering and analytics technologies helped establ ...
RBC Capital Predicts 2026 Divergence Year for Samsara (IOT), Software Amid AI Shift
Yahoo Finance· 2026-01-12 15:11
Samsara Inc. (NYSE:IOT) is one of the promising stocks to buy under $50. On January 5, RBC Capital lowered the firm’s price target on Samsara to $46 from $50 with an Outperform rating on the shares. The firm predicted that 2026 would be a year of divergence for the software industry. Companies prepared for enterprise AI adoption are expected to see clear AI tailwinds, while those lagging may continue to struggle under the narrative that AI threatens traditional software. While early 2026 guidance remains c ...
SafeSpace Global Corporation (OTCID: SSGC) Issues CEO Letter to Shareholders
Globenewswire· 2026-01-12 15:10
Knoxville, TN, Jan. 12, 2026 (GLOBE NEWSWIRE) -- SafeSpace Global Corporation (OTCID: SSGC), a leading AI technology company delivering multimodal safety solutions across education, healthcare, transportation, and correctional facilities, today announced that Chief Executive Officer Scott M. Boruff has issued a comprehensive Letter to Shareholders outlining the Company’s 2025 milestones and 2026 uplisting progress “2025 was a transformational year for SafeSpace Global, and our operational momentum remains e ...
Stocks Retreat on Concerns Over Fed Independence
Yahoo Finance· 2026-01-12 14:57
Market focus this week will be on economic news and any fresh news on the Federal Reserve. On Tuesday, Dec CPI is expected to remain unchanged from Nov at +2.7% y/y and Dec core CPI is expected to edge higher to +2.7% y/y from +2.6% y/y in Nov. Also, Oct new home sales are expected to fall -10.6% m/m to 715,000. On Wednesday, Nov PPI final demand is expected to increase +2.7% y/y, and Nov core PPI is also expected to climb by +2.7% y/y. Also, Nov retail sales are expected to have increased +0.5% m/m and +0. ...
Automatic Data Processing (ADP) Fell Due to Weakness in the US Job Market
Yahoo Finance· 2026-01-12 14:27
Fundsmith, an investment management firm based in London, has released its annual 2025 investor letter for its “Fundsmith Equity Fund.” A copy of the letter can be downloaded here. The fund focuses on investing in equities globally. The T Class Accumulation shares where the firm invested returned 0.8% in 2025, compared to 12.8% for the MSCI World Index (‘Index’) in sterling with dividends reinvested. Since its inception, the fund has returned 1.7% p.a. more than the index. The fund attributed its underperfo ...
Here’s Why Fundsmith Equity Fund Reestablished Its Stake in Intuit (INTU)
Yahoo Finance· 2026-01-12 14:17
Fundsmith, an investment management firm based in London, has released its annual 2025 investor letter for its “Fundsmith Equity Fund.” A copy of the letter can be downloaded here. The fund focuses on investing in equities globally. The T Class Accumulation shares where the firm invested returned 0.8% in 2025, compared to 12.8% for the MSCI World Index (‘Index’) in sterling with dividends reinvested. Since its inception, the fund has returned 1.7% p.a. more than the index. The fund attributed its underperfo ...
Jamf debuts #RetailRunsOniOS World Tour at NRF 2026
Businesswire· 2026-01-12 14:15
NEW YORK--(BUSINESS WIRE)--Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced the launch of its #RetailRunsOniOS World Tour, debuting with iOS Avenue at NRF 2026: Retail's Big Show, taking place January 11-13 at the Jacob K. Javits Convention Center in New York, NY. Located at booth #5375, iOS Avenue brings together Jamf and Jamf Marketplace partners to demonstrate how iOS powers modern in-store operations, connecting employees and customers through secure. ...
GitLab Appoints Siva Padisetty as Chief Technology Officer
Businesswire· 2026-01-12 14:05
SAN FRANCISCO--(BUSINESS WIRE)--All-Remote - GitLab Inc., the most comprehensive intelligent DevSecOps platform, today announced the appointment of Siva Padisetty as Chief Technology Officer, effective January 15, 2026. Padisetty will lead GitLab's software engineering, operations, and customer support teams to execute the company's technical vision and strategy and oversee the development and delivery of GitLab's products. He succeeds Sabrina Farmer, who stepped down from her role and will rem. ...
Microsoft execs respond to mass layoff rumors
Fastcompany· 2026-01-12 13:51
Core Viewpoint - Microsoft executives have denied rumors of impending layoffs, labeling them as completely false and speculative [1][2]. Group 1: Rumors and Denials - Claims regarding layoffs at Microsoft originated from anonymous online forums and spread to platforms like Bluesky and X, prompting swift denials from the company [1]. - Frank X. Shaw, Microsoft's chief communications officer, publicly refuted the rumors on X, stating they are "100 percent made up/speculative/wrong" [2]. - Jez Corden, editor at Windows Central, also dismissed the claims, particularly regarding the Xbox division, asserting they are false [2]. Group 2: Historical Context of Layoffs - Microsoft has a history of significant workforce reductions, having laid off over 15,000 employees between May and September 2025, with approximately 9,000 layoffs occurring in July alone [2]. - Phil Spencer, head of Xbox, previously indicated that the layoffs were necessary for the company's longevity, aiming to enhance agility and effectiveness [2].