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Samsung Electronics considers restructure following pressure from shareholders

Samsung Electronics has revealed that it is considering splitting the company into two following pressure from investors. Stakeholder Elliott Management last month criticized the Korean firm’s structure which it believes prioritizes the Lee family, which owns the Samsung Group, over its shareholders. In a statement released Monday, Samsung Electronics said it is assessing …

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Reid Hoffman and Josh Elman on where Greylock is (still) shopping

At Disrupt SF in San Francisco this morning, in front of a packed audience, Greylock investors Reid Hoffman and Josh Elman talked about some of the trends that they’re tracking in the startup universe. Among them: the opportunity to create technologies that enhance self-driving cars. “It’s clear that self driving revolution is upon us,” …

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Microsoft teams up with Elon Musk’s OpenAI project

OpenAI, the artificial intelligence research non-profit backed by Tesla’s Elon Musk, Y Combinator’s Sam Altman, a Donald Trump fan called Peter Thiel, and numerous other tech luminaries, is partnering with Microsoft to tackle the next set of challenges in the still-nascent field. OpenAI will also make Microsoft Azure its preferred cloud …

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