Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "challenger"


25 mentions found


CNN —James Cameron isn’t just one of Hollywood’s most successful directors ever, he’s also a lover of deep sea exploration. Here’s what the director has said in the past about the deep sea exploration. Cameron took cameras to document the entire trek in the western Pacific. The sub’s just going like a bat out of hell.”Quickly, he said, he went past Titanic depth. I get to bear witness to a miracle that’s down there all the time,” Cameron told 60 Minutes Australia in 2018 of his deep sea explorations.
Persons: James Cameron isn’t, he’s, , Cameron, ’ Cameron, Playboy, , , ” Cameron, Jacques Cousteau’s, Joe MacInnis, MacInnis, Mariana Trench, Suzy Amis Cameron, Lizzy Calvert, you’ve Organizations: CNN, National Geographic, Royal Ontario Museum, Geographic, Australia Locations: Ontario, Canada, Toronto, Pacific,
The submersible was part of an eight-day journey conducted by OceanGate Expeditions. It’s still not clear what happened to the submersible, why it lost contact, and how close to the Titanic it was when it went missing. According to OceanGate, Titan is a 23,000-pound submersible made of carbon fiber and titanium. On Pogue’s trip, communications broke down during a dive and the submersible was lost for over two hours, he said. The US Coast Guard is coordinating the search with the US Navy, the Canadian Coast Guard and the Canadian military.
Persons: It’s, , John Mauger, Hamish Harding, Hamish, Harding, ” Hamish Harding, Facebook Harding, Paul, Henri, P.H, Nargeolet, Shahzada Dawood, Sulaiman Dawood, Dawood, Roger Chapman, Roger Mallinson, OceanGate, , David Pogue, CNN Thomas Shugart, didn’t bode, haven’t, they’d Organizations: CNN, Titan, OceanGate Expeditions, United Arab Emirates, Action Aviation, SETI Institute, Dawood Hercules Corporation, Dawood, Authorities, Coast Guard, National Oceanic, Atmospheric Administration, CBS, Titanic, US, Center, New, New American Security, US Coast Guard, US Navy, Canadian Coast Guard, Canadian, US Air, Wing, Navy Locations: United States, St John’s, Newfoundland, Canada, Cape Cod , Massachusetts, British, Pakistani, California, New American
[1/4] Tennis - - Nottingham Tennis Centre, Nottingham, Britain - June 18, 2023 Britain's Andy Murray poses with the trophy after winning the Nottingham Open in the final against France's Arthur Cazaux REUTERS/Andrew BoyersJune 18 (Reuters) - Andy Murray ramped up his preparations for Wimbledon by beating Frenchman Arthur Cazaux 6-4 6-4 in the Nottingham Open final on Sunday to lift a second successive grasscourt title after his victory in Surbiton last week. "It was a really good week, I really enjoyed my time here. The courts have played brilliantly, the groundstaff did an excellent job," Murray said. "I played really well and got better as the week went on and I'm glad to get through - on to Queen's. The 36-year-old Briton, who has resurrected his career after hip resurfacing surgery, skipped the French Open to focus on the grasscourt swing.
Persons: Andy Murray, France's Arthur Cazaux REUTERS, Andrew Boyers, Andy Murray ramped, Frenchman Arthur Cazaux, Murray, Aadi Nair, Ken Ferris Organizations: Nottingham Tennis Centre, Nottingham, Wimbledon, Surbiton, Queen's, Thomson Locations: Nottingham, Britain, Queen's, Nashik, India
The former world No.1 won his second consecutive tournament on Sunday to increase hopes of successful run at Wimbledon next month. During an on-court interview after the match, the 36-year-old said he hoped to see his children on Father’s Day, to which cries of “we’re here” could be heard. “They came last week for the final at Surbiton and they turned up and it started raining. “It’s great that they managed to come today.”Murray, a two-time Wimbledon champion, missed this month’s French Open to focus his preparations for Wimbledon. 38 in the ATP rankings following his win in Nottingham – he is currently 44th in the world.
Persons: Andy Murray, Scot, France’s Arthur Cazaux, , ” Murray Organizations: CNN, Wimbledon, Nottingham, Surbiton, Queen’s Locations: Nottingham, London, Nottingham –
CNN —It has been 40 years since Sally Ride became the first woman from the United States to travel into outer space. She was not open about her personal life, according to former NASA astronaut Steve Hawley, who was married to Ride from 1982 to 1987. However, the educational company she cofounded, Sally Ride Science, revealed more of her personal life in her 2012 obituary, recognizing her longtime partner, Tam O’Shaughnessy, after Ride died of pancreatic cancer. NASASherr’s book “Sally Ride: America’s First Woman in Space” was first published in 2014. A trailblazer’s legacyRide’s ambition and love of knowledge extended far beyond her role as an astronaut, Sherr noted.
Persons: Sally Ride, Steve Hawley, Sally, Tam O’Shaughnessy, Ride, NASA hasn’t, General, Christina Koch, Victor Glover, Artemis, NASA's, Lynn Sherr, , Sherr, ” Sherr, Dale Moore, , Billie Jean King, Martin Luther King Jr, , King Charles III, Prince of Wales, , Valentina Tereshkova, Svetlana Savitskaya, Ride’s, Lyndon B, Johnson, Gloria Steinem, Richard Drew, Tam O'Shaughnessy, Barack Obama, Kevin Dietsch, O’Shaughnessy, Charles Tasnadi, Eileen Collins, NASA’s Koch, Jessica Meir, , Rob Navias Organizations: CNN, NASA, Sally Ride, NASA’s, Space Center, CAPCOM, Johnson Space Center, ABC News, Ride, Edwards Air Force Base, Stanford University, Stanford Daily, Soviet Union, Girls Club of America, Magazine, White, UPI, Sally Ride Science, University of California, UC San Diego, Poets, State Department, United Nations Locations: United States, Houston, California, Soviet, New York, Washington ,, San Diego, Columbia
CNN —Russian President Vladimir Putin has warned there is a “serious danger” of NATO being drawn further into the Ukraine war if members of the alliance continue to supply military weaponry to Kyiv. “NATO, of course, is being drawn into the war in Ukraine, what are we talking here,” Putin said at the St. Petersburg International Economic Forum on Friday. While Ukraine is not a member of NATO, some NATO members have been supplying Kyiv with tanks, armored vehicles and other weaponry – prompting threats of retaliation from Russia. During his speech to the forum, Putin also suggested Russia’s large number of nuclear weapons would “guarantee” its security – noting that Russia had more such weapons than NATO countries. “Nuclear weapons are created to guarantee our security in the broader sense and the existence of the Russian state,” Putin said.
Persons: Vladimir Putin, ” Putin, American Bradley, Jens Stoltenberg, Putin, we’ll, , Organizations: CNN, NATO, St ., Economic, Atlantic Treaty Organization, British Challenger, Leopards, Arms Control Association, Foreign Ministry Locations: Ukraine, St, St . Petersburg, Soviet Union, Russia, American, Britain, France, Russian, United States
"The car didn't feel bad but I think we've definitely got some work to do," said Hamilton. "We've just got to improve our ride control and a bit of the balance through corners and I think we'll be alright. The upgrades in Monaco and Barcelona led to a double podium at the Spanish Grand Prix with Hamilton finishing second and Russell third behind race winner Verstappen. Even Allison could not bring himself to make any predictions beyond things finally are all pointing in the right direction. "Probably a little bit too soon to say that summer has arrived with that one swallow – but hopefully, we’ve turned a bit of a corner.
Persons: Gilles Villeneuve, Mercedes, Lewis Hamilton, Chris Helgren MONTREAL, Circuit Gilles Villeneuve, George Russell, Red, Max Verstappen, Sergio Perez, Hamilton, We've, Russell, James Allison, Allison, Bull, Verstappen, we’ve, Steve Keating, Grant McCool Organizations: Prix, Mercedes, Circuit, Spanish, Hamilton, Thomson Locations: Montreal, Canada, Hamilton, Monaco, Barcelona
It was by a young Chinese pitch invader, eager to meet his hero, the seven-time winner of the Ballon d’Or. Videos that have gone viral on Chinese social media show the young fan leaping from the stands before sprinting toward the Argentine striker – who like him was wearing the number 10 jersey – and giving him a hug. A Chinese fan runs onto the pitch to hug soccer superstar Lionel Messi during a friendly match between Argentina and Australia at the Worker's Stadium in Beijing on June 15. Ng Han Guan/APWith the crowd cheering three security guards then give chase, the first of them falling over as the young fan evades his grasp. On Chinese social media, many users – football fans or otherwise – celebrated the young fan’s sprint across the grass pitch as a liberating moment.
Persons: Lionel Messi –, , Messi, Lionel Messi, Ng Han Guan, Emiliano Martinez, , Thomas Peter, ” “ Messi, I’m, flailing, Organizations: Beijing CNN, Australia, Argentine, Workers, Global Times, Messi, Reuters, FIFA, De Football Association, Indonesia Locations: Beijing, Argentina, Australia, China, Jakarta
Disney CEO Bob Iger must decide whether to acquire all of Hulu and fold it into Disney+. By buying all of Hulu, Disney could integrate its content into Disney+, which would make the flagship Disney streamer a formidable challenger to Netflix. "You look at the Disney+ bundle with Disney+, Hulu, and ESPN+, and it's a pretty powerful combination," Nispel told Insider. Currently, the ad versions of Hulu and Disney+ each cost $8 per month while ad-free Hulu and Disney+ cost $15 and $11, respectively. The consensus among analysts about Disney's Hulu dilemma was neatly summarized by Barton Crockett of Rosenblatt Securities, whose price target implies 26% upside for Disney.
Persons: Bob Iger, Iger, that's, Joe Bonner, Brandon Nispel, Nispel, Disney's, Wells, Steven Cahall, Cahall, Hulu, Michael Morris, He's, Morris, Disney, Will Iger, Barton Crockett, Crockett Organizations: Disney, Hulu, Comcast, Netflix, Wall, Argus Research, KeyBanc, ESPN, TAM, Rosenblatt Securities Locations: Hulu
June 16 (Reuters) - Andy Murray is in the best shape since his hip surgery as the former world number one prepares for a run at Wimbledon, he said after cruising into the quarter-finals of the Rothesay Nottingham Open. "It is really hard to say if I'm playing my best level overall," Murray added. Murray added that he is giving his best as he bids to be seeded by the time of the grasscourt Grand Slam, which runs from July 3-16. "I am doing my best to give myself the best preparation I can for Wimbledon," he said. Murray will play Swiss eighth-seed Dominic Stricker later on Friday before returning to the Queen's Club Championships on June 19.
Persons: Andy Murray, Scot, Murray, Hugo Grenier, Dominic Stricker, Pearl Josephine Nazare, Conor Humphries Organizations: Wimbledon, Rothesay Nottingham, Queen's, Thomson Locations: Rothesay, Aix, Monte Carlo, Madrid, Rome, Bordeaux, Swiss, Bengaluru
However, “I didn't want to make people think that I was an expert,” said Spehar, who filmed the TikTok video from their home in Rochester, New York. Josh Helfgott, a TikTok user with 5.5 million followers, posts a recurring series of videos called “Gay News” discussing current events relevant to LGBTQ viewers. Meanwhile, TikTok is the fastest-growing social media platform for news, according to a report by the Reuters Institute for the Study of Journalism published on Tuesday. Twenty percent of 18-to-24-year-olds use TikTok to learn about current events, up 5 percentage points from last year, the report said. The benefit was mutual: Spehar learned how journalism is produced, while the publisher benefited from Spehar's TikTok skills.
Persons: Josh Helfgott, Magali, Read, Vitus, Spehar, , , Helfgott, Joe Biden, ” Helfgott, Kristy Drutman, TikTok, Lisa Remillard, Remillard, ” Remillard, Magali Druscovich, Sheila Dang, Kenneth Li, Matthew Lewis Organizations: REUTERS, U.S, Capitol, White, Human, New York Times, BuzzFeed News, Reuters Institute for, , Los Angeles Times, Thomson Locations: Los Angeles , California, U.S, Rochester , New York, Tallahassee , Florida, San Diego , California, United States
Intesa launches cloud-based Isybank in digital push
  + stars: | 2023-06-15 | by ( Vaibhav Sadhamta | ) www.reuters.com   time to read: +2 min
Isybank is powered by cloud technology provided by Britain's ThoughtMachine, a cloud-native banking technology firm. High-street banks globally face a big challenge in replacing their existing core IT infrastructure, known as mainframe, with cloud technology. Legacy systems pose a major hurdle, while the task is easy for challenger banks built from scratch on cloud technology. Intesa Sanpaolo has forecast its new digital bank would save around 800 million euros a year in 2026-2027, up from 600 million euros in 2025, according to a strategy presentation delivered in February last year. Isybank targets some 4 million Intesa customers who generate around 200 million euros in revenues a year and could become more profitable for the bank if shifted away from branches given they already only use digital bank services.
Persons: Britain's ThoughtMachine, Paul Taylor, Intesa, Intesa Sanpaolo, Carlo Messina, Stefano Barrese, Valentina Za, Conor Humphries Organizations: MILAN, Google, Thomson Locations: Italy's, Italy, Europe
With a $5 billion valuation, Zepz is one of the largest fintech companies in Europe, backed by leading investors including Accel, TCV and Leapfrog. The company enables users to send money from a smartphone or computer to people abroad, who can receive it in their bank account, mobile wallet, or as a mobile airtime top-up. Lenhard didn't identify which companies Zepz was looking to buy, but said the sharp slump in private fintech valuations made it an attractive time to kick off M&A exploration. A particular focus for Zepz product-wise in the near term is digital wallets, Lenhard said, with the company planning to launch its first digital wallet "imminently." He added that he hopes the company's upcoming digital wallet product will convince customers to rely more on Zepz, rather than using competing digital banks and other financial apps which have grown their services to offer a much wider range of products.
Persons: Mark Lenhard, Zepz, It's, Lenhard, Sendwave Organizations: Getty, CNBC, Accel, Bank of England, Sky News, PayPal Locations: Europe, Western Union
So far done this without using a ton of NATO weapons. One Ukrainian General Staff member even compared it to a game of chess, where you're trying to lure out the enemy and their reinforcements. So why is Kyiv going easy on the NATO weapons and not fully flexing their military muscle? So, it looks like the Ukrainian General Staff is taking it slow, launching attacks with relatively small units and limited gear. Two of these U.S. aircraft already made a cameo in a video produced by the Ukrainian forces for their offensive.
Persons: it's, , they've, George Barros, Ben Hodges, Nobody's, Stryker, Marder, They're, Stefan Korshak, Andrij Sybiha, General Hodges, Nobody Organizations: Service, NATO, Institute for, Ukrainian, Staff, Centre for, British Challenger, U.S, Stryker, Presidential Administration, Washington Locations: Ukraine, Russia, U.S, Europe, Sweden, Zaporizhzhia, Lyssychansk, Russian, Kharkiv, Ukrainian
Lionel Messi is already impacting US soccer
  + stars: | 2023-06-14 | by ( Matias Grez | ) edition.cnn.com   time to read: +7 min
CNN —Lionel Messi’s move to Inter Miami is yet to be finalized, but already his impact on Major League Soccer is being felt. “For those people who want to be able to say: ‘I was there at Lionel Messi’s first MLS game,’ demand will exceed supply. Before Messi, Pelé was arguably the most famous face to play soccer in the US. Inter Miami fans have had very little to cheer this season, sitting bottom of the Eastern Conference. CNN has reached out to Major League Soccer, Inter Miami, Messi’s representative, Apple and David Beckham, who is part of Inter Miami’s ownership team, to confirm the financial details.
Persons: Lionel Messi’s, David Beckham, Zlatan Ibrahimovic, Wayne Rooney, Messi, Jim Curtin, , Messi’s, Kieran Maguire, The Price, ” Maguire, He’s, Cruz Azul, , TickPick, StubHub, Pelé, George Tiedemann, Lionel Messi, Beckham, Maguire, , we’ve, Michael Reaves, Eddy, “ He’s, it’s Messi Organizations: CNN, Inter Miami, Major League Soccer, Philadelphia Union, ” Inter Miami, Football, University of Liverpool Management School, CNN Sport, Premier League, Arsenal, MLS, Inter Miami’s Leagues, Cruz, New York Red Bulls, Big Apple, Inter, Los Angeles FC, Eastern Conference, NFL, MLB, NHL, New York Cosmos, North American Soccer League, Argentine, Los Angeles Galaxy, NBA, , Miami, Apple TV’s, Apple, Leagues Cup Locations: Manchester City, Los, Miami, United States, USA, Canada, Mexico, States, Saudi, Saudi Arabia
(Reuters) - A U.S. Patent Office tribunal ruled for Intel Corp on Tuesday on the chipmaking giant’s bid to invalidate a patent that represented $1.5 billion of a $2.18 billion verdict it lost to VLSI Technology LLC in 2021. REUTERS/Dado Ruvic/Illustration/file photoThe Patent Trial and Appeal Board invalidated the computer chip-related patent after canceling another VLSI patent that accounted for the remainder of the Texas federal court verdict last month. A jury ruled for Intel in 2021 in another Texas patent case in which VLSI had sought $3.1 billion in damages. The patent board proceeding decided on Tuesday was initiated by South Dakota-based Patent Quality Assurance LLC. The case is Patent Quality Assurance LLC v. VLSI Technology LLC, Patent Trial and Appeal Board, No.
Persons: Dado Ruvic, Kathi Vidal, OpenSky, Benjamin Fernandez, Wilmer Cutler Pickering Hale, Dorr, Bruce Slayden, Slayden Grubert, Babak, Kenneth Weatherwax, Weatherwax Read Organizations: Reuters, U.S . Patent, Intel Corp, VLSI Technology, REUTERS, U.S ., Appeals, Federal Circuit, Intel, SoftBank Group Corp, Fortress Investment Group, Assurance, OpenSky Industries, Lowenstein, Tech Locations: Texas, Delaware, Northern California, South Dakota
Ukrainian soldiers are crouching in a dug trench, while two men stand at the edge. Ukrainian soldiers at a British training camp. Since 2015, after Russia annexed Crimea and began the war in the east of the country, London has been training Ukrainian soldiers. Among empty residential buildings, Ukrainian soldiers learn how to liberate an occupied building. Alina, the 28-year-old soldier, and the other newly trained Ukrainian forces at the military base are ready for their return.
Persons: , Mandoline, Alina, Putin, Rishi Sunak, James, London, Dmitry Medvedev, Alexei Leonkov, Truton, Truton Mandoline, Volodymyr Zelensky Organizations: London, Service, Nine, German Armed Forces, Command, EU, Patriot, Challenger, NATO, Twitter Locations: United Kingdom, Ukraine, WELT, England, Britain, Russian, British, Russia, Norway, Denmark, Sweden, Finland, Lithuania, Netherlands, Germany, Berlin, Crimea, London, Ukrainian, Moscow, United States, Great Britain, Kyiv
AMD Chief Executive Lisa Su will give a keynote address at an event in San Francisco on the company's strategy in the data center and AI markets. Analysts expect fresh details about a chip called the MI300, AMD's most advanced graphics processing unit (GPU), the category of chips that companies like OpenAI use to develop products such as ChatGPT. Nvidia dominates the AI computing market with 80% to 95% of market share, according to analysts. Last month, Nvidia's market capitalization briefly touched $1 trillion after the company said it expected a jump in revenue after it secured new chip supplies to meet surging demand. Kevin Krewell, principal analyst at TIRIAS Research, said AMD will have to catch up on both software and research trends.
Persons: Lisa Su, Su, Kevin Krewell, Krewell, Stephen Nellis, Leslie Adler Organizations: Devices, Nvidia Corp, AMD, Nvidia, Intel Corp, Systems, SambaNova Systems, Google, TIRIAS Research, Thomson Locations: San Francisco
Russia released a video claiming it captured German-made Leopard tanks and US fighting vehicles. The video, shared on Twitter by OSINTdefender, showed two captured Leopard 2A6 tanks and a few M2A2 Bradleys. The German-made Leopard tank is a capable third-generation main battle tank that was promised to Ukraine along with British Challenger tanks and American Abrams tanks and arrived in Ukraine in February and March. According to OSINTdefender, it's the first time Russia has released video footage of equipment it's claimed to have captured in battle. The video comes as Ukraine conducts counteroffensive operations in a few different areas of the front lines, including Zaporizhzhia.
Persons: ISW, , OSINTdefender, American Abrams, it's Organizations: Russian Ministry of Defense, Service, Bradley, Twitter, Leopard, British Challenger, OSINTdefender, Russian Defense Ministry, Reuters, Institute Locations: Russia, Zaporizhzhia, Ukraine, Ukrainian, American
The Patent Trial and Appeal Board invalidated the computer chip-related patent after canceling another VLSI patent that accounted for the remainder of the Texas federal court verdict last month. A jury ruled for Intel in 2021 in another Texas patent case in which VLSI had sought $3.1 billion in damages. The patent board proceeding decided on Tuesday was initiated by South Dakota-based Patent Quality Assurance LLC. An attorney for Patent Quality Assurance did not immediately respond to a request for comment. The case is Patent Quality Assurance LLC v. VLSI Technology LLC, Patent Trial and Appeal Board, No.
Persons: Kathi Vidal, OpenSky, Benjamin Fernandez, Wilmer Cutler Pickering Hale, Dorr, Bruce Slayden, Slayden Grubert, Babak, Kenneth Weatherwax, Weatherwax Read, Blake Brittain Organizations: Intel, USPTO, U.S . Patent, Intel Corp, VLSI Technology, U.S ., Appeals, Federal Circuit, SoftBank Group Corp, Fortress Investment Group, Assurance, OpenSky Industries, Lowenstein, Tech, Thomson Locations: Texas, Delaware, Northern California, South Dakota, Washington
The US is set to approve depleted-uranium tank shells for Ukraine, the WSJ said. The shells are capable of blowing up Russian tank armor. For several months the Biden administration has been debating whether to provide the shells to Ukraine following concerns over their environmental and health impacts, the outlet reported. When used in tank shells, the material is effective because its bulk can penetrate through enemy armor. The weapons could hand Ukraine an advantage in tank battles as it launches its campaign to drive Russian forces back from territory they occupy in south and eastern Ukraine.
Persons: , Biden, Jake Epstein, Vladimir Putin, Putin Organizations: Service, Wall Street Journal, White, EPA, United Nations Environment, Challenger, WSJ Locations: Ukraine, Russia, Netherlands
President Joe Biden, a Democrat, has repeatedly said he has no involvement in the case brought by the Department of Justice. Some 62% of respondents in the Reuters/Ipsos poll, including 91% of Democrats and 35% of Republicans, said it was believable that Trump illegally stored classified documents at his home in Florida as alleged by prosecutors. Some 43% of self-identified Republicans said Trump was their preferred candidate, compared to 22% who picked Florida Governor Ron DeSantis, Trump's closest rival. In early May, Trump led DeSantis 49% to 19%, but that was before DeSantis formally entered the race. A Reuters/Ipsos poll in March found that Republicans also saw that investigation as politically motivated.
Persons: Donald Trump, Trump, Joe Biden, Ron DeSantis, DeSantis, Mike Pence, Jason Lange, Andy Sullivan, Ross Colvin, Howard Goller Organizations: Reuters, Republican, U.S, Democrat, Department of Justice, Trump, Florida, DeSantis, U.S . Justice, Biden's, Republicans, Thomson Locations: Florida, Trump's, Miami, New York
Illumina CEO deSouza resigns after proxy battle with Icahn
  + stars: | 2023-06-12 | by ( ) www.reuters.com   time to read: +3 min
The Grail deal "has kept a lot of investors out of the stock" TD Cowen analyst Dan Brennan said. The company's shares have lost about 60% of their value since completing the Grail deal in 2021. Illumina shares closed at $200.53 on the Nasdaq on Friday. Icahn has said he wants former Illumina CEO Jay Flatley to return. He had secured more than twice the number of shareholder votes than his challenger received in the proxy vote, which could have given him enough legitimacy to hang on.
Persons: Francis deSouza, Carl Icahn, Icahn, Illumina, Charles Dadswell, DeSouza, deSouza's, Cowen, Dan Brennan, Francis, John Thompson, Andrew Teno, Jay Flatley, Vicki Hollub, Alan Jope, Management's Nelson Peltz, Lavanya, Caroline Humer, Michael Erman, Anirban Sen, Mark Porter, Marguerita Choy, Edwina Gibbs Organizations: Nasdaq, LinkedIn, Unilever Plc, U.S . Federal Trade Commission, Thomson Locations: Illumina, Occidental, Bengaluru, New York, New Jersey
Illumina CEO deSouza resigns after battle with Icahn
  + stars: | 2023-06-11 | by ( ) www.reuters.com   time to read: +3 min
Analysts said they expect the company's shares to trade up on Monday morning after deSouza's resignation. The Grail deal "has kept a lot of investors out of the stock" TD Cowen analyst Dan Brennan said. The company's shares have lost about 60% of their value since completing the Grail deal in 2021. Illumina shares closed at $200.53 on the Nasdaq on Friday. Icahn has said he wants former Illumina CEO Jay Flatley to return.
Persons: Francis deSouza, Carl Icahn, Illumina, Charles Dadswell, DeSouza, Icahn, deSouza's, Cowen, Dan Brennan, Francis, John Thompson, Andrew Teno, Jay Flatley, Vicki Hollub, Alan Jope, Management's Nelson Peltz, Lavanya, Caroline Humer, Michael Erman, Anirban Sen, Jason Neely, Jan Harvey, Mark Porter, Marguerita Choy Organizations: Nasdaq, LinkedIn, Unilever Plc, U.S . Federal Trade Commission, Thomson Locations: Occidental, Bengaluru, New York, New Jersey
Illumina CEO Francis DeSouza resigns after battle with Icahn
  + stars: | 2023-06-11 | by ( ) www.reuters.com   time to read: +2 min
June 11 (Reuters) - Illumina (ILMN.O) Chief Executive Officer Francis DeSouza stepped down on Sunday, the gene-sequencing machine maker said in a statement, ending a battle with activist investor Carl Icahn in which the company's chairman left the company earlier this year. Illumina said it named Senior Vice President and General Counsel Charles Dadswell as interim CEO. Icahn in a tweet said he is happy with the recent changes at Illumina and considers them a "very positive occurrence." Icahn has said he wants former Illumina CEO Jay Flatley to return. Vicki Hollub, for instance, remains Occidental Petroleum's (OXY.N) CEO after the company cut a deal with Icahn over board seats in 2020 and after Icahn cashed out two years later.
Persons: Francis DeSouza, Carl Icahn, Illumina, Charles Dadswell, DeSouza, Icahn, John Thompson, Andrew Teno, Jay Flatley, Vicki Hollub, Alan Jope, Management's Nelson Peltz, Lavanya, Caroline Humer, Anirban Sen, Jason Neely, Jan Harvey, Mark Porter Organizations: LinkedIn, Unilever, U.S . Federal Trade Commission, Thomson Locations: Occidental, Bengaluru, New York
Total: 25