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Danone takes step to sell Chinese step amid shareholder pressure, Reuters says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Retailers like Levi"s are finding early success selling products on TikTok — and say the video-sharing app could help bolster online sales amid coronavirus-related store closures
Levi's Retail beta partners of TikTok's Shop Now feature are finding early success tapping into the app's 800 million global users. In a blog published on Monday, Levi's said its TikTok campaign more than doub.....»»
The World Health Organization joined TikTok to post "reliable" advice about the coronavirus amid a stream of memes and misinformation
WHO/TikTok The World Health Organization joined TikTok on Friday, and is using the social video platform to share information about the coronavirus. It has so far posted two videos: one offering COVID-19 prevention t.....»»
Netflix subscriber forecast misses Wall Street estimate as market leader faces Disney
Netflix Inc missed Wall Street subscriber forecasts for the first quarter Tuesday, amid pressure from lower-cost services from Walt Disney Co and Apple Inc in the streaming video wars......»»
Chinese company ByteDance denies reports that it"s considering selling stake in TikTok as the company looks to repair its image in the US
ByteDance is rumored to be considering selling off TikTok stake, but the company told Reuters and confirmed to Business Insider that it had no plans to sell. TikTok is a short-form video app especially popular among Gen Z, and it ha.....»»
ByteDance has no sale plans for TikTok, media report untrue - internal note
Chinese social media firm ByteDance has no plans to sell part or all of its TikTok app, the short video platform's head said on Tuesday, denying a media report which said the company was currently weighing options to do so due to U.S. concerns......»»
TikTok"s chief is heading to Washington to defend the video-sharing platform against censorship and privacy concerns as lawsuits and investigations pile up
John Phillips/Getty Images for TechCrunch TikTok is facing mounting pressure over concerns that it censors content deemed offensive to the Chinese government, accesses users' data without their consent, and poses a threat to US national secur.....»»
ByteDance CEO urges TikTok diversification as U.S. pressure mounts: internal note
The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according to an internal staff note seen by Reuters, as it faces political pressure in the United States......»»
AT&T plans to sell its Puerto Rico business for almost $2 billion amid pressure from activist hedge fund Elliott Management (T)
Brendan McDermid/Reuters AT&T announced on Wednesday it plans to sell its Puerto Rico and US Virgin Islands business to Liberty Latin America for almost $2 billion. The.....»»
WeWork to sell 3 businesses on heels of delayed IPO and CEO"s ouster: Report
Efforts to sell the businesses surfaced just one day after WeWork founder and CEO Adam Neumann stepped down from his role amid mounting pressure from investors......»»
EBay CEO steps down, cites differences with board
EBay Inc Chief Executive Officer Devin Wenig stepped down on Wednesday, citing differences with the company's recently revamped board, which is looking to sell some of its businesses amid pressure from activist investors......»»
AT&T under pressure to sell DirecTV amid heavy subscriber losses
AT&T bought DirecTV in 2015, right before subscribers began fleeing in droves. AT&T bought DirecTV in 2015, right before subscribers began fleeing in droves......»»
Cathay Pacific CEO resigns amid Beijing pressure
It came after the firing of two Cathay Pacific pilots previously suspended for their role in the Hong Kong protests......»»
Cathay Pacific CEO Resigns Amid Pressure From Beijing Over Hong Kong Protests
The Hong Kong carrier faced pressure over employees' participation in protests (HONG KONG) — The CEO of Cathay Pacific Airways has resigned following pressure by Beijing .....»»
LTC/USD Down 8% In A Post-Halving Sell-Off
LTC/USD dips below $90.00 amid strong selling pressure. The initial support is created by $87.50 handle. read more.....»»
Amazon And Payments: The Sell-Side Evaluates How PayPal, Credit Card Issuers Could Be Impacted
Payment processor stocks were under selling pressure throughout Tuesday's trading session amid a Bloomberg report that Amazon.com, Inc. (NASDAQ: AMZN) is offering retailers on its platform a discount if Latest Ratings for AMZ.....»»
Rent-A-Center to Sell Itself to Vintage Capital
Rent-A-Center has agreed to sell itself to a Vintage Capital affiliate, following multiple offers from the investment firm amid investor pressure and poor financial results......»»
Why Campbell Soup, at 149 years-old, is at a crossroads
Campbell Soup has been a family business since the late 1800's. Now, amid drops in sales and its share price, the soup giant's heirs are facing pressure to sell their stakes in the company......»»
Amazon Removes Products Featuring Nazi Symbols
The retailer said it would not let third-party merchants sell goods with Nazi and white nationalist symbols on its platform, amid pressure from nonprofits and lawmakers......»»
Campbell Soup to sell units
Campbell Soup plans to sell its international and fresh refrigerated-foods units and, possibly, the rest of the company amid pressure from hedge funds. Fred Katayama reports......»»