$7.2M Yearly Savings: Smith Micro Reduces Workforce by 30%, Board Forgoes $45K in Stock Award Fees
October 15, 2025 – 4:01 PM The company anticipates annual savings of $7.2 million. pittsburgh — (BUSINESS WIRE) — Smith MicroSoftware, Inc. (NASDAQ: SMSI) has announced that it is undertaking organizational changes aimed at enhancing operational efficiency and cutting costs. This aligns with the company’s broader vision for the future. The restructuring, which includes some […]
Pete Buttigieg Forgoes Senate Bid, Sparking Speculation of Potential 2028 Run
Former Transport Secretary Pete Battigigue has vowed to bid for the Senate in Michigan, sparking rumors that he will instead focus on yet another presidential election in 2028. Buttigieg, former mayor of South Bend, Indiana, was keeping an eye on Michigan Senate seats after Democrat Sen. Gary Peters (D-MI) made no demand for reelection. Sources […]
FEC forgoes new AI rulemaking ahead of election
A bipartisan panel of government campaign finance regulators voted Thursday to abandon new rulemaking on artificial intelligence, saying they lack the authority to limit or ban the use of the technology while it is still in development in federal elections. Public Citizen, a nonprofit watchdog group asked In May 2023, the Federal Election Commission (FEC) […]