A New GE CEO: Science Manufacturer Has Been Struggling, Can a New CEO Fix the Issues?
A new GE CEO has been announced today. GE (NYSE:GE) has replaced John Flannery, only a year into his role. Stocks have risen 14% in pre-market trading as a result. GE CEO GE has been in ... [Read]
Facebook Breach: Social Media Giant Discovers Security Issue, 50 Million Accounts Affected
Just breaking, Facebook (NASDAQ:FB) has found a security issue. The Facebook breach has exposed nearly 50 million accounts and used the ‘View As’ feature on Facebook to corrupt the platform. Sources suggest that upwards of ... [Read]
Tim Hottens? Yup, That’s Right. Knock-Off Coffee Shop in India a Little Too Obvious
Tim Hottens. I’m sorry, Tim Hortons. No actually, I was right the first time… Tim Hottens… A coffee shop in India is in a spot of bother after Canadian coffee-chain behemoth, Tim Hortons, noticed something ... [Read]
Uber to Pay $148 Million Fine for Covering Up 2016 Data Breach
The US government and 50 states have fined Uber $148 million. The reason? The company failed to expose an Uber data breach that occurred in 2016. Today, the company agreed to pay the fine to ... [Read]
Inspire Brands Inc, Owners of Arby’s, Has Bought Hamburger Chain Sonic
A Sonic acquisition has been announced today! Arby’s is buying the hamburger chain for $2.3 billion. Sonic Acquisition Inspire Brands Inc—a private equity-backed company that also recently bought Buffalo Wild Wings—is the parent company of ... [Read]
Dunkin’ Donuts will Rebrand to Just Dunkin’
A Dunkin’ Donuts rebranding has been announced today. In a bid to be seen as a “beverage-led” food retailer, Dunkin’ Donuts (NASDAQ:DNKN) will be dropping Donuts from its title. Moving forward, it will simply be known ... [Read]
Qualcomm Versus Apple: A New Lawsuit Added to the Fray
Qualcomm (NASDAQ:QCOM) has been embroiled in a bitter dispute with Apple (NASDAQ:AAPL) for years. A new court filing sees the Qualcomm versus Apple fight continue, and in fact, hit a new level of misdeed. So ... [Read]
Will Michael Kors Buy Versace? Rumors are Ticking Over
Premium clothing brand Michael Kors Holding Ltd (NYSE:KORS), most famed for its handbags and watches, is reportedly working out a deal to buy Gianni Versace SpA. Will we see a Versace acquisition this week? The ... [Read]
Pandora Acquisition: SiriusXM to Buy Pandora Media in $3.5 Billion Deal
It has been confirmed today that a Pandora acquisition is underway. Finally, the search for a buyer is over. Satellite radio SiriusXM (NASDAQ:SIRI) is to acquire the company in a deal estimated to be worth $3.5 ... [Read]
Adobe Acquires Marketo: A Big Take Over but Why Isn’t Share Price Rising?
Adobe acquires Marketo for a whopping $4.75 billion. Despite this news, the software giant is currently in the red, so are investors wary of this acquisition? Stocks are down -2.08%. But maybe that’s not such ... [Read]