Activist hedge fund Third Point, which has a nearly $1 billion stake in Intel, is calling on the chipmaker to separate its chip design and manufacturing units and divest botched acquisitions, reported Reuters. Shares of Intel jumped 5% after the report but are still down around 19% since the beginning of the year. The move shows that some Intel investors are vexed with the myriad...
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Airbnb Used Facebook and Twitter to Weed Out Hate Groups
For the past few years, a specialized team of about half a dozen employees within Airbnb has been assigned an urgent task: preventing white nationalists and other potentially dangerous fringe groups from renting homes on the site. Working inside the company’s trust and safety unit, the employees comb through Facebook, Twitter and far-right online forums and track where rallies are...
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