TechCapsules

AI-summarised brief · reviewed before publication

Activist investor Jana, known for her aggressive campaign against underperforming companies, has targeted Fiserv, the U.S. payments and financial services firm, demanding a faster pace of cost‑cutting and the adoption of Palantir’s data‑analytics platform. Jana’s letter to Fiserv’s board cites rising operating expenses and a lagging digital transformation strategy as key concerns. She proposes a 15‑percent reduction in discretionary spending over the next 12 months and urges the company to integrate Palantir’s tools to improve risk management and customer insights. Fiserv’s board has acknowledged the letter and will review the recommendations in its upcoming quarterly meeting.