Recent Posts

Irenic takes a position at KBR. How the activist may improve shareholder value

KBR headquarters in Houston, TX. Courtesy: KBR Company: KBR Inc (KBR) Business: KBR provides scientific, technology and engineering solutions to governments and companies around the world. The company operates through two segments: Government Solutions and Sustainable Technology Solutions. Its Government Solutions (GS) business segment provides full life-cycle support solutions to defense, intelligence, space, aviation and other programs and missions for …

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Genshin Impact’s developer to pay $20 million fine to settle FTC charges

The Federal Trade Commission announced on Friday that Genshin Impact developer Cognosphere has agreed to a $20 million settlement and several restrictions on how it sells its loot boxes and manages children’s personal data. According to the FTC, the company “actively marketed” its loot boxes to children and misled players about their odds of winning prizes. Cognosphere allegedly also “deceived …

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