Activist Investor Elliot Management seeks to torpedo $5B Chevron-Noble deal
Activist investor Elliot Management Corporation reportedly bought shares of Noble Energy Inc. (NASDAQ: NBL) in an effort to torpedo an ongoing $5 billion acquisition deal...
Rochester Drug Co-Operative to pay $20 million to settle lawsuit over illegal distribution of...
Rochester Drug Co-Operative, one of the ten largest pharmaceutical distributors in the United States, agreed to pay $20 million in penalty to settle the...
SEC Investigating Former Nissan Chairman Ghosn
The United States Securities and Exchange Commission (SEC) is investigating Nissan over an executive pay scandal. Sources close to the SEC say they are...
Disney and Comcast in Bidding War for Fox
Disney and Comcast have competing bids for Twenty-First Century Fox. The media landscape is changing and big companies are now more involved in distributing...
Visa CEO: Bitcoin is Not a Payment System, it’s a Speculative Commodity
Alfred Kelly, the chief executive officer of Visa, does not consider bitcoin as a payment system. According to him, the largest world’s largest cryptocurrency...
UPWK revenue increased to $56.8M with increased GSV to $449.5M, beats projections
Upwork Inc. (Nasdaq: UPWK) released its third quarter 2018 financial results yesterday and has significantly beaten many of its previous projections.
Gross services volume...
Supreme Court to Hear Microsoft Digital Privacy Case
Microsoft will argue its digital privacy case in front of the Supreme Court on Tuesday, February 27, 2018. The case, United States v. Microsoft...
Bitcoin, Other Cryptocurrencies Rebound after Massive Sell-Off
Bitcoin, the world’s third largest cryptocurrency in terms of market capitalization, rebounded after suffering a massive sell-off.
On Wednesday, bitcoin declined nearly 50% from its...
Google Invests 1-Billion in New York City
Today Google announced they are investing 1-billion dollars for a new facility in New York state. This comes on the heels of an announcement...
Charter Communications Starts Issuing Refunds to Spectrum Customers in New York
Charter Communications, the largest internet service provider (ISP) in the State of New York, is now issuing refunds to Spectrum customers.
Last year, the company...