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The Latest Breaking News from Starboard

Parler: Conservative social media app linked to Capitol riots may be relaunched for 2024 election

‘Our mission is clear: to provide a secure and inclusive environment for open dialogue,’ Parler’s new chief Ryan Rhodes says

The Independent UK

Labor MPs plead for Gaza Palestinians

Two Labor federal ministers, Ed Husic and Anne Aly, have accused Israel of collectively punishing Palestinians in Gaza, a war crime listed in the Geneva Convention, and FOI’d documents show the Albanese government is not lobbying the US government to drop its prosecution of Julian Assange.

Crikey

What is Starboard, News Corp’s activist investor?

It’s run by ‘the most feared man in corporate America’, so what does the equity firm have in mind for the Murdoch media empire?

Crikey

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News Corp should spin off $7bn digital real estate assets, says activist investor

Rupert Murdoch empire could secure windfall by breaking up business, says Starboard Value

The Guardian - UK

Outback Steakhouse Stock Surges After Activist Investor Builds Holdings As Restaurant, Grocery Consolidation Widens

Bloomin' Brands jumped early Friday after the WSJ reported Starboard Value is a top-five investor.

Investors Business Daily

Why Shark Week Capturing The 'World's Most Famous Orcas' On Camera Originally Seemed Like A Terrible Idea To One Expert

Shark Week's "Alien Sharks" special captured Port and Starboard on camera, and expert Forrest Galante originally thought it was a terrible idea to try!

Cinemablend

Digital conglomerate buys right-wing app Parler

The digital media conglomerate Starboard said Friday it purchased the conservative social media site Parler and will temporarily take down the app as it undergoes a “strategic assessment.”

The Independent UK

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Social media site Parler goes offline after acquisition

New deal comes after agreement with Kanye West fell apart.

Fortune

Activist Investor Elliott Management Joins Starboard In Targeting Salesforce

Activist investor Elliott Management has joined hedge fund Starboard Value in targeting CRM stock with a multibillion investment.

Investors Business Daily

Market Rallies, Hits Resistance As Treasury Yields Soar; Tesla, Netflix Are Big Movers: Weekly Review

Stocks jumped Monday, but soon hit resistance amid surging Treasury yields. Tesla hit lows on earnings while Netflix jumped.

Investors Business Daily

Starboard Value Holds A 5% Stake In Splunk: Check Out These 2 Dividend Stocks Jeffrey Smith Also Has A Sizable Stake In

The activist investor Jeffrey Smith founded Starboard Value LP in 2002, seeking to invest in deeply undervalued companies and actively engage with management teams to identify and execute on opportunities to unlock value for the

Benzinga

Salesforce Pops As Hedge Fund Starboard Discloses Stake In Software Maker

Salesforce popped on Tuesday after activist investor Starboard Value disclosed that it has taken a stake in the enterprise software maker.

Investors Business Daily

News Corp and Fox Corp's Possible Consolidation, Faster Lead Times For iPhone 14 Models, Kanye West Buys Conservative Social Media Platform, Twitter Prepares Tackling Spread Of Misinformation: Top Stories Monday, Oct. 17

Wall Street Journal Rupert Murdoch Explores News Corp and Fox Corp Consolidation

Benzinga

Stocks Firmly Higher, Week Ahead, Fox, Bank of America And Splunk - Five Things To Know

Stock futures higher as bond market volatility eases; Week Ahead: Earnings and housing data in focus; News Corp shares leap on plans to re-combine with Fox; Bank of America shares higher ahead of Q3 earnings update and Splunk shares leap as activists at Starboard build stake.

The Street

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The Street

Stocks Edge Lower, Retail Week Ahead, Kohl's, Wells Fargo And YouTube In Focus - Five Things to Know

Stock futures lower as China rate cut rattles; Week Ahead: Retail earnings, sales data, Fed minutes in focus; Kohl's shares slip as activists at Starboard dump stake; Wells Fargo shares lower on report of mortgage business re-think and Google reportedly planning new YouTube streaming service.

Benzinga

Why Kohl's Shares Are Plunging Today

Kohl's Corp (NYSE:KSS) has called off discussions to sell its business to Franchise Group Inc (NASDAQ:FRG), CNBC reported. The decision comes at a time when there is increased volatility in the stock market and the economy as the Federal Reserve seeks to hike interest rates to contain inflation. Related: Multiple Bidders, Key Executives Departure, Mixed…

Bangkok Post

Kohl's Gets $9 Billion Bid From Starboard Value Group

A consortium backed by activist hedge fund Starboard Value LP has offered roughly $9 billion to buy department store Kohl's Corp., according to people familiar with the matter.

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