Wall St Warrior

Amazon Shareholders Reject All Proposals… Again

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Amazon investors again reject all shareholder proposals

By Greg Bensinger (Reuters) -Amazon.com investors at its annual meeting again rejected all outside shareholder resolutions, including three meant to address the online retail giant’s impact on climate change. Voters approved the reelection of 12 directors and proposed executive compensation. Shareholders put forth eight proposals, all of which Amazon encouraged investors to vote against. Last…

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    Microsoft files legal action against information-stealing malware Lumma Stealer

    (Reuters) -Microsoft said on Wednesday its Digital Crimes Unit (DCU) filed a legal action against Lumma Stealer last week, after it found nearly 400,000 Windows computers globally infected by the information-stealing malware in the past two months. Lumma is capable of stealing data from various browsers and applications, such as cryptocurrency wallets, and installing other…

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      Wall St regulator defends steep staff cuts

      By Douglas Gillison (Reuters) -Wall Street’s top regulator remains capable of policing markets despite steep recent cuts to agency staffing, Paul Atkins, the newly installed chairman of the U.S. Securities and Exchange Commission, told Congress on Tuesday. Hundreds of SEC staff since January have taken the Trump administration’s early retirement and buyout offers, with key…

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      Andreessen Horowitz-backed studio Promise partners with Google on AI, adds investors

      (Reuters) -Generative AI studio Promise, backed by venture capital firm Andreessen Horowitz, said on Tuesday that it had partnered with Alphabet’s Google to use its AI technologies. The startup has also expanded its investor base, with new backing from Google’s AI Futures Fund, Crossbeam Venture Partners, and others, the company said in a blog. Former…

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      Microsoft to add Anthropic’s AI coding agent to its GitHub serviceĀ 

      SEATTLE (Reuters) -Microsoft said it will add an artificial intelligence coding agent from Google-backed startup Anthropic to its GitHub service. Coding agents can carry out software development tasks, such as fixing bugs, on a human developer’s behalf. Microsoft on Monday introduced its own coding agent to GitHub, a Microsoft-owned service that many software companies use…

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