Meta says Broadcom CEO Hock Tan is joining board of directors

Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Meta said Wednesday that Broadcom CEO president Hock Tan and philanthropist and former Enron executive John Arnold are joining the company’s board of directors. Tan has been leading the semiconductor giant since 2006, giving him extensive international experience working in computing infrastructure technology. Meta is investing … Read more

AI lobbying spikes nearly 200% as calls for regulation surge

Artificial intelligence-related lobbying reached new heights in 2023, with more than 450 organizations participating. It marks a 185% increase from the year before, when just 158 organizations did so, according to federal lobbying disclosures analyzed by OpenSecrets on behalf of CNBC. The spike in AI lobbying comes amid growing calls for AI regulation and the … Read more

Activist Elliott builds roughly 13% stake in Etsy, secures board seat

Etsy Sellers Market in Times Square celebrating Etsy’s celebration going IPO at Nasdaq on April 16, 2015 in New York City. Paul Zimmerman |  Getty Images Activist investor Elliott Management has a “sizable” investment in e-commerce firm Etsy, which announced on Thursday that Elliott partner Marc Steinberg would join the company’s board. The activist investor … Read more

DocuSign shares spike on report company is exploring a sale

The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images DocuSign shares rose as much as 15% and closed up 12% on Friday after the Wall Street Journal reported the e-signature software … Read more