The new Control Panel is not for everyone, I guess

What’s today’s tie

You’ll be missed robotodd

Scooped by @oliverdarcy.bsky.social on the most important acquisition of my career. Will try not to make a habit of it. Excited to join @semafor.com, Liz and @semaforben.bsky.social to build something fun and martini-driven.

Stellantis CEO Carlos Tavares lost control of the automaker with 'arrogant' mistakes, sources say Sources told CNBC that Carlos Tavares was fixated on near-term costs and profits to the detriment of the business as well as the company's products.

“Arrogant.” It’s the word former Stellantis
CEO Carlos Tavares used in June to describe mistakes that led to the automaker’s troubles in the U.S. It’s also how executives who worked with him described the automotive veteran to CNBC over the past year. www.cnbc.com/2024/12/10/s...

Another activist takes aim at Macy's, seeking spending cuts and real-estate restructuring Macy's faces its fourth activist push in the last decade as it tries to turn around struggling stores.

Activist investor Barington Capital revealed Monday it had a position in Macy’s and was looking for the company to cut spending, weigh the sale of its luxury brands and take a hard look at its real estate portfolio.

Mondelez made a takeover approach for Hershey, sources say Hershey shares climbed as much as 15% during Monday trading after reports that Mondelez is attempting another takeover of the chocolate company.

@cnbc.com can confirm an earlier report: Mondelez made a takeover overture to smaller Hershey; $HSY shares up double digits, posture of the controlling Hershey Trust unknown

www.cnbc.com/2024/12/09/h...

Intel’s search for new directors predated Gelsinger’s firing & the company’s board had been interviewing semiconductor executives for several weeks, sources say

@stevekovach.bsky.social has amassed too much influence and must be stopped

Hopefully more of a Culp than a Flannery...

Intel considers an outside CEO, taps headhunters, sources say Intel is considering tapping an outside hire as CEO, a nearly unprecedented occurrence, as the company reels from the ouster of Pat Gelsinger.

Intel is considering an outside CEO, sources say, a tacit admission that the company lacks the deep bench of talent it once had @cnbc.com

www.cnbc.com/2024/12/03/i...

Intel once again a sub-$100 billion company.

Follow my smart colleagues 👇

Intel CEO Pat Gelsinger is out Intel announced Monday that CEO Pat Gelsinger has retired from the company, effective Dec. 1.

Intel’s new executive chair has now been on the board for three failed CEO successions. @cnbc.com $INTC

www.cnbc.com/2024/12/02/i...

It is great if you want increased yield

But yield up means decreased flavor intensity :(

Elon Musk Buying MSNBC? A Difficult Feat, Because It Isn’t for Sale Owner Comcast considers the cable news channel to be crucial to a new spinoff venture.

Guys. It’s in the name. SpinCo, not SellCo. via WSJ

www.wsj.com/business/med...

Don’t think I’ve ever identified with a graphic more

Long live robotodd

Needs ticker support :(

Macy's says quarterly sales dropped, delays earnings release after employee hid delivery expenses Macy's delayed its results after it discovered an issue related to the reporting of delivery expenses.

Absolutely insane. An $M employee hid as much as $154m in delivery costs over roughly three years. Company says it didn't impact cash or vendor payments, which raises the question for my small brain: why?

www.cnbc.com/2024/11/25/m...

Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.

Intel is close to finalizing a roughly $8 billion CHIPS Act grant, source says

www.cnbc.com/2024/11/25/i...

Coming on Bluesky to report that Threads is not loading 30 minutes into its public launch

I laughed

Yep those lovely guys!

FTX a surprise for sure.

My profile picture emphasizes how chill and relatable I am

I can thank @kif.bsky.social for the invite.

hey boss