Investors have been increasingly vocal about their displeasure in the business decisions Yahoo has been making. Two decades ago, Yahoo was one of the hottest companies in Silicon Valley. Marissa Mayer took over the helm of Yahoo three years ago. She has repeatedly insisted that Yahoo is a very different […]
The mergers and acquisitions related fever in the healthcare sector is showing no signs of a slow down as evident from the fact that even smaller companies are catching on to the craze. The latest to jump on the mergers and acquisitions bandwagon is OPKO Health Inc. (NYSE:OPK), which went […]
Diebold had announced plans to acquire Wincor Nixdorf for about $1.8 billion in a cash-and-share deal. The American maker of automated teller machines and financial software offered the deal, including debt. Wincor Nixdorf is a German provider of information technology services to the financial industry and retailers. The merger would […]
The Internet of Things (IoT), as the name suggests, is the name given to the concept that everything should be connected through the Internet. Apart from gadgets and home appliances, people, animals, and even plants are part of this idea to be universally connected. The notion of linking everything through […]
In a video conference held after the company’s earnings call, some Netflix executives made cryptic comments that some interpreted to mean that the company is weighing entry into the news industry. Recent studies have shown that demand for news-related content is high. Speculation has swirled around what the entry of […]
French drug maker Sanofi (NYSE: SNY) witnessed a plunge in stock price after a decline in quarterly earnings was reported but also after a warning of pricing pressure on its US blockbuster diabetes treatment. Shares declined 8.4% to $96.97, surrendering gains prior to the announcement. Net profit also slipped by […]
credit card hackersHere we go again. Hackers have once again broken into the credit and debit card payment networks at two of the nation’s most popular supermarket store chains, Albertson’s and SuperValu. The breach was announced and includes sister stores Albertson’s Acme, Jewel-Osco, Shaw’s and Star Market supermarkets, as well […]
General Electric has announced that the planned sale of its appliance unit to Electrolux has been canceled. The companies agreed to the transaction in September 2014. Under the terms of the deal, Electrolux would had to pay General Electric a termination fee of $175 million. Shares of Electrolux fell 15 […]
