Proxy battle

Investments

Masimo CEO Resigns Days After Proxy Battle Ejected Him From Board

Photo by Collision Conf via CC BY 2.0

Masimo CEO Joe Kiani stepped down following a two-year skirmish with an activist investor that ejected him from his own board.

2 min read

Photo by JHVEPhoto via iStock

Artificial Intelligence

ByteDance is Winning the China AI Race. That’s Bad News for TikTok.

ByteDance, the China-based TikTok owner and political punching bag, is emerging as the nation’s answer to OpenAI.

2 min read
Photo by Rann Vijay via Pexels

Finance

Sixth Street Gives Affirm a Big Boost

Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.

2 min read
Photo by Roy Luck via CC BY 2.0

M&A

Nippon Steel’s $15 Billion Acquisition of US Steel Might Fall Through

The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.

1 min read

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