Adeia Inc. announced that CEO Paul Davis will step down by the fourth quarter of 2026 to focus on his health and personal pursuits. Davis, who has led the company for four years and been with its predecessors for nearly 15 years, will remain until a successor is found. The board has formed a Transition Committee to lead the search, aiming to continue the company's growth in semiconductor and media markets. Under Davis, Adeia expanded its patent portfolio, diversified revenue streams, and improved financial strength, positioning the company for future success.
During week 30 of 2026 (July 20-24), Sampo Oyj bought back a total of 1,352,794 of its A-shares at a weighted average price of €9.60 per share. This share buyback is part of a program authorized by the company's general meeting on April 22, 2026, wit...
On July 26, an attacker exploited owner privileges in WEMIX's stablecoin contract to mint about 5.23 million unauthorized WEMIX$ tokens, worth roughly $724,000 in converted assets. WEMIX responded by suspending bridges, liquidity pools, and related s...
Bitcoin exchange-traded funds (ETFs) attracted $33 million in net inflows last week, marking a reversal from earlier 2026 outflows. This renewed investor interest in Bitcoin through traditional markets suggests growing confidence in the asset. Market...
Charter Communications is currently valued below 1x adjusted EBITDA amid challenges like customer losses and fiber competition. However, growth in mobile subscribers and network upgrades support a positive long-term outlook. The company boasts a stro...
Elon Musk predicts that by 2036, money could become largely irrelevant as advances in artificial intelligence and robotics enable society to produce more goods and services than people can consume. This abundance could reduce the need for traditional...
