News

Each day, DailyAlts tracks major developments across the alternative investment world. Our content is procured from primary contacts in the industry and secondary sources across the web. Our goal is to give readers the most up-to-date news and engaging experience to open new doors and areas of knowledge. Our stories cover nine separate verticals of the alternative investment industry.

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Artificial Intelligence: Marty the Robot Hunts for Spills in Supermarket Aisles

Marty the supermarket robot is rather smart. Armed with three high-resolution cameras, computer vision, navigation systems, numerous sensors, and smart AI software, Marty is able to sidestep shoppers and pinpoint spills. Marty is a social robot and the first of its kind to be deployed in a live customer environment in supermarkets.

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September 26, 2019

Jason Mudrick, manager of Mudrick Capital Management, has been one of the top industry performers in 2019. Now, he’s under pressure due to e-cigarettes.

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REIT CBL & Associates Attracts Activist Investor
September 26, 2019

Beleaguered mall REIT CBL & Associates Properties (CBL) has attracted an activist investor. Mall REIT CBL & Associates could face pressure in the board room. Noted distressed debt and restructuring…

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EQT Partners Stock Pops 25% in Debut
September 26, 2019

The markets are cheering the IPO of the private equity firm. EQT Partners stock surged more than 25% on the first day of trading in Stockholm. The firm now has…

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Juul Labs CEO Kevin Burns Steps Down (And Other People on the Move) – September 26, 2019
September 26, 2019

Juul Labs CEO Kevin Burns Departs the Business He Co-Founded Juul Labs CEO Kevin Burns stepped down Wednesday from his role. The announcement comes as merger talks between Altria and…

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M&A Deal News – September 26, 2019
September 25, 2019

M&A Deal News – September 26, 2019 Each day, we focus on M&A deal news in the private equity, real estate, AI and tech, and others impacting the alternative investment…

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Altria and Philip Morris call off $200B merger; Juul’s CEO replaced by Altria Exec
September 25, 2019

Juul, the maker of e-cigarettes, had its CEO replaced amidst the current controversy surrounding its products. A string of deaths, apparently due to the use of e-cigarettes, led Juul to…

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Elliott Management Tells Marathon Oil to “Split Into Three”
September 25, 2019

Paul Singer owned Elliott Management, an activist investor, sent a letter and presentation to Marathon Petroleum. Elliott Management demanded of Marathon’s board that the company split into three separate businesses,…

REITs Remain Undervalued, Misunderstood
September 25, 2019

Community Bank and REIT analyst Tim Melvin explains why you need to own more real estate.    

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Australian Watchdog Orders Audit of Paypal for Lapses in Money Transfers
September 25, 2019

Austrac suspects that Paypal had not met reporting obligations regarding anti-money laundering and counter-terrorism financing laws. An external auditor will conduct Austrac’s audit of Paypal and report to Austrac within…

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Activist Investors Push Out eBay CEO Devin Wenig
September 25, 2019

CEO cites disagreements with his board as activist pressures intensify Activist investors have pushed out CEO Devin Wenig. In a Tweet marked Wednesday, Wenig cited disagreements with fellow board members…

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