Intel will look to spin-off Mobileye for big money. Here's why.
(Bloomberg) -- Meta Platforms Inc. is restructuring its internal research department, bringing dozens of employees previously working on product specific teams or business units, like WhatsApp or Instagram, into a central group to handle research for the entire company. Most Read from BloombergThe World’s Relentless Demand for Chips Turns Deadly in MalaysiaSand and Soldiers Mix as Troops Move In to Protect Cancun TouristsEven in the Metaverse, Not All Identities Are Created EqualThe $300 Billion
(Bloomberg) -- When Elliott Management Corp. started pushing for changes at Twitter Inc. in February 2020, one of its stipulations was that the company update its CEO succession plan—the activist investor didn’t like that Jack Dorsey had two full-time jobs, and wanted a strategy in place for when he eventually stepped down from the social network.Most Read from BloombergThe World’s Relentless Demand for Chips Turns Deadly in MalaysiaSand and Soldiers Mix as Troops Move In to Protect Cancun Touri