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Category : Business (Archive for 2018-07-12) News by Google
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Bloomberg
Comcast Boosts Sky Bid to $34 Billion, Topping Murdoch's Offer
Bloomberg
Comcast Corp. increased its takeover bid for Sky Plc to $34 billion, topping an offer from Rupert Murdoch's 21st Century Fox Inc. and escalating a global standoff between the media giants. Comcast, the largest U.S. cable company, is now offering 14.75 ...

USA TODAY
Fallout swift for John Schnatter at Papa John's after he admits using N-word
USA TODAY
Papa John's founder John Schnatter is accused of using a highly offensive racial slur during a May conference call, according to Forbes. The Louisville-based pizza baron was asked to role-play through scenarios to help him learn how to handle tough issues.

Business Insider
One of Tesla's largest shareholders is urging Elon Musk to simmer down and focus after a tumultuous few weeks
Business Insider
Baillie Gifford, Tesla's fourth-largest shareholder, says it wants Elon Musk to put away the distractions and focus. James Anderson, a partner and portfolio manager at the asset management firm, pointed to the turmoil surrounding the Tesla CEO ...

Wall Street Journal
Twitter Follower Numbers to Drop as It Removed Locked Accounts
Wall Street Journal
Twitter Inc. TWTR 0.27% said it is subtracting some accounts it has flagged for suspicious activity from the follower numbers of its hundreds of millions of users, part of the social-media company's efforts to clamp down on abusive activity. Twitter is ...

Wall Street Journal
Broadcom to Buy CA Technologies for $18.9 Billion
Wall Street Journal
Broadcom Inc. AVGO -2.84% agreed to buy software company CA Technologies for $18.9 billion, a surprise move that would take the chip-making giant in a new direction. Broadcom is to pay $44.50 a share in cash for CA, formerly known as Computer ...

Bloomberg
Elon Musk Pledges to Pay for Clean Water to Homes in Flint, Michigan
Bloomberg
Billionaire Elon Musk pledged to pay to secure clean water for homes in Flint, Michigan, the city that fell into economic depression amid the decades-long decline of Detroit's auto industry and is still recovering from a major public health emergency ...

CNNMoney
The crippling US ban on ZTE is almost over
CNNMoney
ZTE shares spiked more than 20% on Thursday after the US government announced the Chinese company will soon clear the last major hurdle to removing a crippling ban. ZTE (ZTCOF), which makes smartphones and telecommunications equipment, has ...

CNBC
Spare oil capacity could be 'stretched to the limit' by OPEC's supply boost, IEA says
CNBC
OPEC's rejuvenated bid to tame crude prices could soon exhaust the world's spare capacity cushion, according to the latest monthly report from the International Energy Agency (IEA). The IEA's closely-watched report comes shortly after crude had its ...

Wall Street Journal
Uber Cuts More Test Drivers in Its Robot Car Operation
Wall Street Journal
Uber Technologies Inc. is cutting more than 100 test-driver jobs from its autonomous vehicle program in Pittsburgh and San Francisco months after a fatal crash involving one of the robot cars. Uber on Wednesday explained the move by saying it wants to ...

Forbes
Magic Leap's Developer Video Reveals The Chasm Between Promise And Reality.
Forbes
In its latest video (see here), Magic Leap has demonstrated some of the basic characteristics of how to create content in its system but also shown just how far away the experience is from what was promised a few years ago. Magic Leap is a secretive ...

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