Tag: “Corporate”

Getty Images Stock Rises 83% on Plans to Merge With Shutterstock

Getty Images stock skyrocketed in premarket trading Tuesday after the company said it plans to merge with rival stock photography service Shuttershock.

US probing about 2.6 million Tesla vehicles over ‘Actually Smart Summon’ feature

The U.S. National Highway Traffic Safety Administration said on Tuesday it had opened a probe into about 2.6 million Tesla vehicles after reports of some crashes linked to its “Actually Smart Summon” driverless feature.

Micron may be a winner in the wake of Nvidia CEO Jensen Huang’s CES keynote

Huang’s hotly anticipated speech brought mention that Micron is providing memory for new Blackwell gaming chips

Ulta Beauty names insider Steelman as CEO, flags strong holiday sales

Cosmetics retailer Ulta Beauty on Monday forecast a strong fourth quarter and said insider Kecia Steelman will replace retiring CEO Dave Kimbell in the top role, sending its shares up 1.5% in extended trading.

Nvidia CEO Unveils Gaming ‘Blackwell’ Cards and Project DIGITS AI Supercomputer

On Monday, Nvidia unveiled its next generation gaming graphic cards at the CES tech trade show in Las Vegas. The company’s CEO, Jensen Huang, announced the coming RTX 5090 card and three other models, all of which will use “Blackwell” architecture chips.

Device maker Stryker strikes $4.9 billion deal for Inari Medical

Medical-device maker Stryker on Monday agreed to acquire Inari Medical, which makes devices that treat patients with venous diseases, in an all-cash deal worth $4.9 billion.

Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company

Shares of Chinese tech heavyweight Tencent Holdings tumbled nearly 8% in Hong Kong after the company was added to a list of “Chinese military companies” by the U.S. Department of Defense.

Aktor Group: Η προσαρμοσμένη τιμή της μετοχής και όλα όσα θα πρέπει να γνωρίζουν οι επενδυτές για την ΑΜΚ

Από σήμερα, η μετοχή της εταιρείας Aktor θα είναι διαπραγματεύσιμη χωρίς το δικαίωμα στην ΑΜΚ. Στην τελική ευθεία μπαίνει πλέον η αύξηση κεφαλαίου της Aktor Group, μέσω της οποίας θα αντληθούν 200 εκατ. ευρώ.

AST SpaceMobile Announces Agreement for Long-Term Access to up to 45 MHz of Premium Lower Mid-Band Spectrum in the United States for Direct-to-Device Satellite Applications

AST SpaceMobile, Inc. (“AST SpaceMobile”), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced an agreement for long-term access to up to 45 MHz of lower mid-band spectrum in the United States for direct-to-device satellite applications.

Foxconn beats estimates with record fourth-quarter revenue on AI demand

Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.

Xpeng, Volkswagen to build ultra-fast charging network in China

China’s Xpeng Motors and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast electric vehicle charging networks in China, the automakers said on Monday.

MicroStrategy Targets $2 Billion Capital Raise. It’s All to Buy More Bitcoin.

MicroStrategy is targeting a capital raise of up to $2 billion to continue to strengthen its balance sheet and acquire more Bitcoin, the business software company announced.

U.S. Steel and Nippon File Lawsuits After Biden Blocks Merger

The lawsuits challenge President Joe Biden’s final significant act of his tenure, calling his decision to block the buyout of the American steel maker by Nippon Steel an “unlawful political influence.

Tesla’s China sales hit record high in 2024, bucking global decline

 U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its annual global deliveries fell for the first time.

Skydance, Paramount dismiss objections to planned $8.4 billion merger

Skydance Media and Paramount Global on Thursday defended their planned $8.4 billion merger, urging the Federal Communications Commission to dismiss opposition from critics, calling them “unwarranted” and “meritless”.

Boeing Adds More Surprise Quality Checks in Its Factories

Boeing is conducting more surprise inspections at its factories as part of a broader plan to prevent manufacturing snafus like the one that led to a jet-panel blowout on an Alaska Air flight a year ago. 

Apple’s China troubles mount as foreign phone sales sink for 4th month

Shipments to China of foreign-branded smartphones, including Apple Inc’s iPhone, fell by 47.4% in November from a year earlier, according to data released on Friday from a government-affiliated research firm, down for the fourth month.

Stellantis Italy output falls 37% in 2024, car production hits 68-year low

Vehicle production by car maker Stellantis in Italy fell by 37% last year, hit in particular by a steep plunge in car manufacturing, union figures showed on Friday.

US FAA will maintain enhanced oversight of Boeing after door panel incident

The Federal Aviation Administration’s tougher oversight of Boeing will continue indefinitely, the agency’s outgoing head said on Friday, nearly a year after a door panel missing four key bolts flew off a new Alaska Airlines 737 MAX 9 in mid-air.

Apple to pay $95 million to settle Siri privacy lawsuit

Apple agreed to pay $95 million in cash to settle a proposed class action lawsuit claiming that its voice-activated Siri assistant violated users’ privacy.