Elliott Investment Management has acquired a $4 billion stake in PepsiCo, citing an opportunity to reinvigorate the iconic snack and drink producer. The move underscores the activist investor’s confidence in PepsiCo’s potential to expand and innovate.

Meta Platforms has halted recruitment in its AI division, concluding a notable period of aggressive talent acquisition. This decision leaves many wondering about the company’s next strategy in the competitive world of artificial intelligence.