US FDA approves three food colors from natural sources
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Reuters
27 minutes ago
- Reuters
Activist Starboard buys more Salesforce stock after first demanding change in 2022
NEW YORK, Aug 14 (Reuters) - Activist Starboard Value, one of the first investors to publicly push Salesforce (CRM.N), opens new tab to make changes three years ago, increased its stake in the U.S. software company by almost 50% in the second quarter, according to a regulatory filing on Thursday. The hedge fund reported owning 1.3 million shares in Salesforce on June 30, compared with 849,679 shares at the end of the first quarter when it boosted its stake by almost 52%. The move comes as the company's stock price has lost nearly 30% since January and is off nearly 9% over the last 12 months. Salesforce, which has a market value of $223 billion, came under intense pressure from a handful of activist investors in late 2022 and early 2023. But many who publicly pushed for changes cut their stakes or exited completely by the middle of 2023 after the company reported better results, added a new director to the board and made other changes. Now the pressure may be increasing again with Starboard, which is known to revisit earlier investments if the company is seen as backsliding on promises, loading up on the stock. While Salesforce's stock price gained nearly 100% in 2023, Starboard's chief executive, Jeffrey Smith, said late last year that the company still had room to become more efficient and profitable. A Starboard spokesperson could not be reached for comment on Thursday. The firm also increased its holding in drugmaker Pfizer (PFE.N), opens new tab by 10.5% to 8.5 million shares, less than a year after unveiling a $1 billion stake in the company and pushing it to improve performance. At Autodesk (ADSK.O), opens new tab, where the hedge fund settled its fight with the software design company in April, Starboard cut its stake by nearly 27%, the filing shows. While Thursday's filing is backward-looking, the so-called 13F filings, which detail what U.S. stocks a fund manager owned at the end of the previous quarter, are closely watched for possible investment trends.
Reuters
27 minutes ago
- Reuters
amp Launches AI Fitness Coach With Celebrity Partnerships
NEW YORK, NY, August 14, 2025 (EZ Newswire) -- amp, opens new tab, the fitness technology startup, announced the launch of its AI fitness coach, featuring partnerships with celebrity trainers including Chris Heria and Kinga Strogoff. The smart personal trainer combines machine learning with expert coaching to create personalized workout experiences that adapt in real-time based on user performance data. The AI fitness app represents a significant advancement in home gym technology, with plans for broader deployment throughout 2025. Initial rollout to beta users demonstrates the system's ability to process thousands of performance indicators per session, creating workout plans that evolve based on real-time movement analysis and individual progress patterns. "Most fitness apps treat every workout the same, but your body's capabilities change daily based on sleep, stress, and recovery," said a spokesperson from amp's product team. "Our AI fitness coach recognizes these fluctuations as essential data points rather than obstacles. By combining celebrity trainer expertise with machine learning that understands your exact strength levels and movement patterns, we're delivering truly personalized training that adapts to how people are performing each day." amp's AI Avatar technology applies coaching philosophy to individual user capabilities and limitations. The system processes biomechanical principles behind expert coaching decisions and delivers personalized guidance based on real-time performance analysis. The smart personal trainer will process data streams through computer vision technology currently in development and electromagnetic sensors. When form quality changes or movement velocity shifts in future updates, the AI coach will be able to adjust resistance, suggest technique modifications, or recommend rest periods. amp's home gym system features electromagnetic resistance that can be modified in real-time during exercises, enabling three distinct smart modes: band mode creates progressive tension, eccentric mode adds resistance during lowering phases, and fixed mode delivers consistent challenge throughout the full range of motion. The device requires approximately the space of a yoga mat when in use and includes five accessories — handle, dual handle, rope, T-bar, and ankle straps — that provide access to over 450 exercises targeting every muscle group. The system's compact design makes strength training accessible in various home environments. The AI fitness app features additional celebrity trainers, including Chris Heria and Kinga Strogoff, with plans to expand the coaching roster. The platform's machine learning capabilities process data from user populations and training patterns. "We're solving the fundamental challenge of making elite fitness expertise truly accessible," added a spokesperson for amp's product team. "Traditional strength training requires constant mental calculation about weight selection, rest periods, and form adjustments. amp's AI handles these decisions automatically, letting users focus purely on execution while receiving guidance that's fine-tuned to their specific capabilities and goals." The company offers the device at $1,795 with a monthly subscription of $23, which supports up to 15 household members. The subscription includes access to targeted exercises, expert-led workout programs, and gamified features including Tempo, drop sets, Tabata, and vertical jumps. About amp amp is a fitness technology company that combines AI, hardware design, and trainer partnerships to create hyper-personalized workout experiences. Founded by tech and fitness industry veterans, amp focuses on making strength training accessible through intelligent technology that adapts to real life. For more information, visit opens new tab. Media Contact Katerina Kugel katerinak@ ### SOURCE: amp Copyright 2025 EZ Newswire See release on EZ Newswire
The Independent
an hour ago
- The Independent
Social Security monthly payments expected to rise in 2026
The Senior Citizens' League predicts a 2.7 percent cost-of-living adjustment (COLA) for Social Security beneficiaries in 2026. This annual COLA aims to help seniors' benefits keep pace with inflation, though many beneficiaries believe it does not fully capture their actual cost increases. The predicted 2026 increase is slightly higher than the 2025 COLA, with the League noting that rising predictions point to risks of resurgent inflation. Experts anticipate inflation will rise later in the year, partly due to tariffs imposed by Donald Trump, which are expected to increase consumer prices on various goods. Despite White House claims that Trump's tariffs have not harmed Americans, a Yale Budget Lab study indicates consumers face the highest average tariff rate since the Great Depression.
