Monday, November 18, 2024

Samsung unveils a $7.2B share buyback plan, its first since 2017, aimed at boosting its stock, which has fallen 30%+ in 2024 on concerns over Chair Lee Jae-yong (Financial Times)

Financial Times:
Samsung unveils a $7.2B share buyback plan, its first since 2017, aimed at boosting its stock, which has fallen 30%+ in 2024 on concerns over Chair Lee Jae-yong  —  First repurchases in seven years are aimed at boosting stock and may help avoid margin call for founding family



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...