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Smartphone Giant Pivots From IPO to Buybacks Within Months

China’s Xiaomi is buying back stock barely six months after going public in Hong Kong......»»

Category: asiaSource: wsjJan 22nd, 2019

Alibaba stock suffering record drop after antitrust probe in China

Shares of Alibaba Group Holding Ltd. tumbled Thursday toward the lowest close in nearly six months, after Chinese regulators launched an antitrust investigation into the e-commerce giant......»»

Category: topSource: marketwatchDec 24th, 2020

California"s Attorney General is taking Amazon to court to force the retail giant to comply with a months-long investigation into if the company adequately protected workers from COVID-19

"It's critical to know if these workers are receiving the protections on the job that they are entitled to under the law," Xavier Becerra said. Kyodo News via Getty Images Califor.....»»

Category: worldSource: nytDec 14th, 2020

Emirates predicts 18-month lull in air demand

Gulf aviation giant Emirates said Sunday it would take at least 18 months for travel demand to return to "a semblance of normality", despite reporting bumper pre-pandemic profits. .....»»

Category: topSource: moneycentralMay 10th, 2020

Emirates predicts 18-month lull in air demand

Gulf aviation giant Emirates said Sunday it would take at least 18 months for travel demand to return to "a semblance of normality", despite reporting bumper pre-pandemic profits. .....»»

Category: topSource: moneycentralMay 10th, 2020

Despite China"s "Reopening", Global Smartphone Market Suffers Record Crash In Shipments

Despite China's "Reopening", Global Smartphone Market Suffers Record Crash In Shipments For months China has tried to con.....»»

Category: blogSource: zerohedgeMay 4th, 2020

Tech company pivots its household help network to deliver groceries

Six months after Umbrella raised $5 million from investors for its AAA-like membership service to help senior citizens with household tasks, Covid-19 disrupted its business model. Sending gig... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 2nd, 2020

Samsung warns Covid-19 will hit smartphone sales and 5G rollouts

Samsung is warning that the months ahead are going to be painful, as major markets around the world struggle to safely restart economies without sparking another coronavirus outbreak......»»

Category: topSource: moneycentralApr 29th, 2020

Brokerages tell clients - no buying oil for two months

Several brokerages, including discount giant TD Ameritrade Corp are restricting customers from buying new positions in certain crude oil contracts after an unprecedented sell-off that sent prices below negative-$40 on Monday......»»

Category: topSource: reutersApr 23rd, 2020

Google Stadia gains users after giving free access for two months

Google's cloud-based game streaming service, Stadia, has witnessed a surge in users after the tech giant gifted two months of free access to its premium version for gamers sheltering at home to curb the spread of the coronavirus......»»

Category: topSource: reutersApr 22nd, 2020

Netflix doubles expected signups, warns boost may fade

Streaming giant Netflix had double the number of expected subscribers in the past few months, but the company warns the boost may fade in the second half of the year. Gloria Tso reports......»»

Category: videoSource: reutersApr 22nd, 2020

SAP says one head better than two as software giant switches to sole CEO model to cope with pandemic

SAP scraps co-CEO structure as Jennifer Morgan leaves her role after just six months, leaving Christian Klein as solo head of the business software giant......»»

Category: topSource: marketwatchApr 21st, 2020

Google to waive ad serving fees for news publishers amid virus crisis

Alphabet Inc's Google would waive off the fee it collects from news publishers using its ad services for the next five months, the search giant said on Friday......»»

Category: topSource: reutersApr 17th, 2020

eBay names Walmart executive as new CEO after 6-month search

More than six months after eBay Inc. CEO Devin Wenig abruptly stepped down from the position, the San Jose e-commerce giant has named its next permanent chief executive: Jamie Iannone, the chief operating officer of Walmart eCommerce. Iannone is .....»»

Category: topSource: bizjournalsApr 13th, 2020

Google expands North San Jose footprint with latest property purchase

Google has bought another building formerly owned by San Jose-based Cisco Systems Inc., the fourth time in the last five months that the search giant has purchased a former Cisco property. Property details: Cisco Building K at 225 W. Tasman Drive, a th.....»»

Category: topSource: bizjournalsApr 7th, 2020

Giant Meteor 2020

FEEDI surrender. It’s quite evident that my pledge, months ago, to make S.....»»

Category: blogSource: slopeofhopeApr 6th, 2020

In quest to beat COVID-19, Bay Area biotech closes Big Pharma equity deal for $250M

Aiming to accelerate treatments against COVID-19 into mid-stage clinical trials in three to five months, Vir Biotechnology Inc. said Monday that it signed a collaboration with drug giant GlaxoSmithKline that includes a $250 million equity stake in t.....»»

Category: topSource: bizjournalsApr 6th, 2020

Developing a vaccine takes 10 years. Sanofi seeks to do so within 18 months

"I can assure you, for one of the leading companies like ourselves, we're doing everything we can to be there as fast as we can," said Paul Hudson, CEO of the French pharmaceutical giant Sanofi......»»

Category: topSource: madmoneyMar 27th, 2020

Unilever to shield workers from financial impact of coronavirus

Consumer goods giant Unilever Plc said on Tuesday it would protect its workforce from the financial impact of the coronavirus by continuing to pay contractors and other part time staff for up to three months......»»

Category: topSource: reutersMar 24th, 2020

Unilever to protect workers from sudden pay drop for up to three months

Consumer goods giant Unilever Plc said on Tuesday it would shield its workforce for up to three months from sudden drop in pay, resulting from market disruptions or an inability to perform their roles during the coronavirus pandemic......»»

Category: topSource: reutersMar 24th, 2020

Stock buybacks and cutting losses: SoftBank, the Japanese investment giant behind WeWork, is under immense pressure to shield itself from an upcoming downturn

Reuters SoftBank is selling key assets to buy back stock in an effort to cushion its stock, which has plummeted over 50% since mid-February because of fears over the coronavirus outbreak, the co.....»»

Category: topSource: businessinsiderMar 23rd, 2020