Lola Murti / CNBC:
Snap shares soared 14% on Tuesday after activist investor Irenic suggested changes to increase the stock’s value 7x, such as cutting staff by 21% and ending specs.— Shares of Snap soared 14% on Tuesday after shareholder Irenic Capital Management sent a letter to CEO Evan Spiegel outlining changes…
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- Snap shares soared 14% on Tuesday after activist investor Irenic suggested changes to increase the stock’s value 7x, such as cutting staff by 21% and ending specs (Lola Murti/CNBC)
- Novo Nordisk launches Wegovy subscription for GLP-1 obesity drugs
- Google launches Veo 3.1 Lite, costing less than 50% of Veo 3.1 Fast and aimed at “high-volume video applications”, and affirms its commitment to video generation tools (Abner Li/9to5Google)
- Eli Lilly to acquire Centessa and sleep disorder drugs
- Google says all users in the United States can now change their Google account username; users are limited to one username change every 12 months (Kris Holt/Engadget)
- McCormick buys Unilever’s food business
- South Korean memory chipmakers have sufficient helium stocks until at least June, and a South Korean minister has ruled out any supply disruptions in the first half of 2026 (Reuters)
- Supply chain attack compromises Axios HTTP client with 100 million weekly npm downloads, introducing malicious dependency and deploying multi-stage payload (Socket)

