Wednesday, September 8, 2021

Sources: Elliott Management has taken a 10%+ stake in Citrix Systems, worth around $1.3B, and will push to boost Citrix's lagging stock price (Cara Lombardo/Wall Street Journal)

Cara Lombardo / Wall Street Journal:
Sources: Elliott Management has taken a 10%+ stake in Citrix Systems, worth around $1.3B, and will push to boost Citrix's lagging stock price  —  Activist hedge fund wants the software company to take steps to boost its valuation  —  Activist hedge fund Elliott Management Corp …



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Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that "controlled" products are superior to unregulated AI "slop" (Financial Times)

Financial Times : Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that “controlled” prod...