Tag: company
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Exclusive-Activist Jana Partners has new stake in Everpure, sources
NEW YORK, June 30 : Activist investor Jana Partners has built a new position in technology company Everpure and is expected to soon announce the holding in a regulatory filing, according to two sources and documents reviewed by Reuters.The hedge fund began building its position in the first quarter of 2026 bu
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Exclusive-NBCUniversal may enter video game business after Comcast split, sources say
June 29 – NBCUniversal is eyeing opportunities in digital gaming and new entertainment franchises as the company weighs options for future growth after its planned spinoff from Comcast, according to three people with direct knowledge of the matter. Comcast’s cable and connectivity business, meanwhile, is r
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GameStop pledges to pursue its takeover offer for eBay despite rejection
June 26 : GameStop pledged on Friday to pursue its proposed takeover of eBay, even after the e-commerce firm rejected an unsolicited cash-and-stock offer of about $56 billion from the videogame retailer.The company also said in a short regulatory filing that this year’s earnings will be strong, helping push u
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Bayer: Why so many Roundup weedkiller lawsuits?
Bayer was sued for failing to add cancer warnings to its controversial pesticide Roundup, when US regulators opposed adding one. DW asks if the latest Supreme Court win will stop the chemical giant from paying billions.
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Russell rebalance could add to SpaceX volatility
June 26 : Even by SpaceX standards, Friday is shaping up as an eventful trading session as investment funds tracking Russell indexes prepare to add billions of dollars’ worth of Elon Musk’s internet and rocket company to their holdings.After a blockbuster initial public offering this month, SpaceX’s stock has
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Exclusive-Bumble dating app explores sale, sources say
NEW YORK, June 25 : Dating app Bumble is exploring a sale amid slowing growth in the online dating sector, according to three people familiar with the matter.The company, which gained recognition as one of the first major platforms to require women to initiate contact, is working with investment bankers at Mo
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Vimeo owner Bending Spoons seeks $1.62 billion US IPO, sources say
NEW YORK, June 22 : Bending Spoons, an Italian technology company that acquires and revamps software businesses, is seeking to raise as much as $1.62 billion in a U.S. initial public offering, according to two people familiar with the matter, in what would be one of the largest IPOs by a European company this year
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An ultra-rare Star Wars Lego collection went missing – it’s sparked viral conspiracies
Bricks & Figs shops around the US have been receiving threats due to the missing Star Wars Lego set, the company says.
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Exclusive-Meta head of product for ‘AI for work’ transformation is leaving company
NEW YORK, June 17 : A Meta executive overseeing a key piece of its restructuring around AI agents is leaving the company, according to an internal announcement seen by Reuters on Wednesday.Emily Dalton Smith, who has been with the Facebook owner since 2015, previously held roles as a vice president of product
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What happens when a company has no bosses? A Danish firm found out
At a Danish company that runs the country’s biggest network of electric-car chargers, the CEO made himself obsolete, and more than 500 employees now share responsibility for running the business.
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