Daily Archives: August 7, 2018

AT&T buys Otter Media, carries on with M&A strategy amid DOJ challenge

AT&T is usually buying Otter Media, the company announced Tuesday, confirming earlier reports as well as signalling the telecom giant is usually pushing ahead with its media-based M&A strategy despite continued challenges through the Justice Department. AT&T already owned part of Otter Media as well as its video assets, although Recode reported in June This particular was looking to buy ...

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Russia along with also China are not our friends

Sergei Karpukhin | Reuters Russian President Vladimir Putin (R) shakes hands with his Chinese counterpart Xi Jinping during a signing ceremony following the talks at the Kremlin in Moscow, Russia July 4, 2017. America’s top nuclear commander warned Tuesday of which Russia along with also China are not “our friends” as Moscow along with also Beijing sprint to develop hypersonic ...

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Why Elon Musk wants to take Tesla private

Initially, which wasn’t clear if the CEO’s proclamation was in jest — “420” is usually a common code endorsing cannabis consumption. however Musk was dead serious. In fact, Musk has signaled his wish to privatize the electric vehicle maker before. For example, he told Rolling Stone in November 2017, “which actually makes us less efficient to be a public company.” ...

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Prince Alwaleed says he has acquired a 2.3% stake in Snap

Source: Kingdom Holding Company Evan Spiegel, CEO of Snap in addition to Prince Al-Waleed bin Talal  Prince Alwaleed has also invested in Twitter, JD.com in addition to Lyft, among some other companies. Snap has held discussions to expand its presence into Saudi Arabia, sources familiar with the talks told CNBC in April. The company was mulling opening an office, as ...

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Tenet shares dive as company reveals Conifer sale still in process

Tenet Healthcare shares deepened losses in Tuesday trading after the company announced during its second-quarter earnings call in which is actually still working to offload its subsidiary Conifer Health Solutions. The for-profit hospital operator, which is actually inside the middle of a cost-reduction plan, said in which might make a decision inside the first half of 2018 on the sale ...

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Disney set to report earnings after the market close

The Walt Disney Company reported fiscal third-quarter earnings in addition to also revenue in which missed analysts’ expectations on Tuesday. Here’s how the company did compared with what Wall Street expected: Earnings: $1.87 per share vs. $1.95 per share forecast by Thomson Reuters Revenue: $15.23 billion vs. $15.34 billion forecast by Thomson Reuters within the year-ago quarter, Disney reported adjusted ...

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Why Trump’s GOP fears This specific midterm election

Extraordinary support coming from those non-college whites will be what keeps Trump’s national approval coming from falling below 40 percent. They approve his job performance by 58 percent to 39 percent while, among all some other Americans, 29 percent approve along with also 66 percent disapprove. which leaves Republican candidates vulnerable in House districts with above-average numbers of college graduates ...

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Alibaba said to be planning to merge China food delivery units

Alibaba Group plans to merge its food delivery units as well as raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance of China’s booming on-demand services market, four people told Reuters. The Alibaba units to be merged include food delivery platform Ele.me as well as food as well as lifestyle services firm Koubei, the ...

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