Only two days after proposing one of history’s biggest corporate mergers ever, consumer giant Kraft Heinz on Sunday abruptly called off its pursuit of Unilever. Only two days after proposing one of history’s biggest corporate mergers ever, consumer giant Kraft Heinz on Sunday abruptly called off its pursuit of... >>>
Some 29% of US broadband households get most of their news from social media platforms, such as Facebook and Twitter, although a slim majority of consumers feel that TV is more authentic than online video, a new study has found. Some 29% of US broadband households get most of their news from social media platforms,... >>>
A South Korean court approved on Friday the arrest of a billionaire heir to Samsung accused of bribery and other charges in connection to a massive corruption scandal, a stunning decline for the princeling of South Korea’s richest family. A South Korean court approved on Friday the arrest of a billionaire heir to Samsung accused... >>>
Facebook Inc Chief Executive Mark Zuckerberg laid out a vision on Thursday of his company serving as a bulwark against rising isolationism, writing in a letter to users that the company’s platform could be the “social infrastructure” for the globe. Facebook Inc Chief Executive Mark Zuckerberg laid out a vision on Thursday of his company... >>>
Snap Inc (SNAP.N), owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concern over its unproven business model, slowing growth and tight founder control. Snap Inc (SNAP.N), owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concern over its... >>>
Facebook has more than 65 million businesses using its Pages product, boasting that it’s cheaper and more sociable than maintaining a website. For the most part, companies have all that they need including marketing and interacting with their customers. But what about when it comes time to grow and bring on more employees? Having an... >>>
Time Warner Inc. shareholders were in a marrying mood Wednesday, voting to sell the entertainment company to telecommunications giant AT&T for $85.4-billion. Time Warner Inc. shareholders were in a marrying mood Wednesday, voting to sell the entertainment company to telecommunications giant AT&T for... >>>
Snap Inc, the owner of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering, the Wall Street Journal reported, citing sources. Snap Inc, the owner of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion... >>>
General Motors (GM.N) and PSA Group (PEUP.PA) posted weaker European sales in January than any other major carmaker as they discuss a possible purchase of GM’s European auto operations by PSA. General Motors (GM.N) and PSA Group (PEUP.PA) posted weaker European sales in January than any other major carmaker as they discuss a possible purchase... >>>
Profit and penetration were among the most important business metrics in the campaigns shortlisted for the 2016 IPA Effectiveness Awards, according to a new Warc report, while buzz and social media were the dominant soft metrics. Profit and penetration were among the most important business metrics in the campaigns shortlisted for the 2016 IPA Effectiveness... >>>
Facebook wants its users to upload and consume more videos, and it’s making a couple of changes to the way that it displays and distributes those videos. Today at CODE Media, Facebook VP of partnerships Dan Rose said the company would also launch a series of apps for Apple TV, Amazon Fire TV and Samsung... >>>
Trian Fund Management LP on Tuesday disclosed that it bought a $3.5 billion stake in Procter & Gamble Co, making it the second activist shareholder to take aim at the consumer products giant in the last five years. Trian Fund Management LP on Tuesday disclosed that it bought a $3.5 billion stake in Procter &... >>>
After a chaotic day of earnings, it’s become clearer Toshiba Corp. may soon end up a shadow of its former self. After a chaotic day of earnings, it’s become clearer Toshiba Corp. may soon end up a shadow of its former... >>>
Hard on the heels of Facebook’s announcement it is taking steps to improve cross-channel comparability and third-party verification of data, it has agreed to undergo audits by the Media Rating Council. Hard on the heels of Facebook’s announcement it is taking steps to improve cross-channel comparability and third-party verification of data, it has agreed to... >>>
Amazon Web Services is ruffling the feathers of the software establishment again. Amazon Web Services is ruffling the feathers of the software establishment... >>>
Disney has cut ties with YouTube’s most popular star after he posted a series of videos featuring anti-Semitic clips and messages. Disney has cut ties with YouTube’s most popular star after he posted a series of videos featuring anti-Semitic clips and... >>>
Apple shares cruised to a record-high close Monday, helping catapult the S&P 500 stock index over the $20 trillion mark in what amounts to a victory for plain-vanilla mutual funds over a bevy of hedge fund managers who recently backed away from the iPhone maker. Apple shares cruised to a record-high close Monday, helping catapult... >>>
Americans searching out news online turn equally to news websites and social media, and while most are aware of news sources a significant minority thinks that Facebook is a news outlet, research has shown. Americans searching out news online turn equally to news websites and social media, and while most are aware of news sources... >>>