Samsung and LG Unveil New Products
Samsung Electronics Co Ltd and LG Electronics Inc have recently unveiled devices, trying to keep up in the smartphone market. As an attempt to recapture their market shares, Samsung has…
Viacom Inc. in Deal with Snapchat
The Wall Street Journal has recently reported that Viacom Inc. is extending its deal with Snapchat to sell advertising on the mobile app’s behalf. The deal is a multi-year one…
Tweeting Their Way Out of Jobs
Of course, if you work for Twitter and you or your buddies are leaving, chances are you’re going to make that announcement with a tweet. And that’s just what happened…
Yahoo Shake-Ups?
While Yahoo spokeswoman Sarah Meron will neither confirm nor deny the rumors, it looks like Yahoo Inc. is planning to cut its workforce by at least 10%. This percentage translates…
10th Annual M&A Advisor Turnaround Awards Announced
The 10th Annual M&A Advisor Turnaround Awards were just announced by M&A Advisor and included awards in many categories. There were over 200 participating companies vying for awards in: Restructuring…
Nasdaq Gets a COO
Securities exchange operator Nasdaq Inc.’s Co-President Adena Freidman is being named the chief operating officer (COO) on the Nasdaq. She will become Nasdaq’s first COO, while also continuing to serve…
Wal-Mart Stores Inc. to Launch Cyber Monday Deals on Sunday
In an interesting move, Wal-Mart Stores Inc. is moving Cyber Monday to Sunday. This year, they will launch their Cyber Monday deals on the Sunday after Thanksgiving. Cyber Monday started…
Alibaba Buys China’s YouTube
On Friday, Alibaba bought China’s “YouTube” for about $3.7 billion. Youku Todou needed this partnership with Alibaba, according to Summit Research analyst Henry Guo. The current Youku Tudou Chief Executive…
Winterkorn Stepping Down from other Posts
The former Volkswagen chief executive, Martin Winterkorn, will be stepping down as the head of Porsche Automobil Holding SE. Chief Financial Officer of Porsche SE, Hans Dieter Poetsch, has been…
German Business Morale Surprisingly High
German business morale rose surprisingly for the third month in a row in September. This suggests that company executives in Europe’s largest economy are remaining upbeat even though there are…