Company in United States

  • Spotify, Hulu target students with discounted bundle

    UNITED STATES, 2017/09/08 U.S. college students can buy Spotify Premium music streaming and Hulu TV streaming for a combined, deeply discounted $4.99 per month, in a new student subscription bundle the companies announced on Thursday to lure younger consumers. The entertainment bundle, $13 cheaper than the regular combined price, is the new effort in the industry to gain young millennial customers, who favor inexpensive online streaming and listening.
  • Equifax says hack potentially exposed details of 143 million consumers

    CANADA, 2017/09/08 Equifax Inc (EFX.N), a provider of consumer credit scores, said personal details of as a lot of as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be one of the major data breaches in the United States. The company’s shares were down 8.7 % at $134.16 in next-market trading on Thursday. The details accessed included names, social security numbers, and, in some cases, driver’s license numbers, Equifax said.
  • Qualcomm's profit slumps amid Apple battle

    UNITED STATES, 2017/07/20 Qualcomm Inc (QCOM.O) reported a 40 % slump in quarterly profit as its escalating patent battle with Apple Inc (AAPL.O) took a toll on its business. Shares of the company were down 2.3 % at $55.40 next the bell on Wednesday. The chipmaker said its results took a hit as Apple's arrangement manufacturers did not pay royalties due on sales of Apple products. There has been long-running tension between the company and the iPhone maker over Qualcomm's practice of taking a cut of the total price of the phone in exchange for modem chips, which connect phones to wireless networks.
  • Israel's Meir Brand Appointed Google VP

    UNITED STATES, 2016/11/02 Director of Google Israel since 2005 wins a top job in the world firm, CEO Sundar Pichai announced in an email sent out to employees. Meir Brand, CEO of Google Israel since 2005, was promoted last week to the role of vice president of the giant multinational technology firm.
  • SABMiller sales hurt by economic volatility in Africa

    UNITED STATES, 2016/07/22 Brewer SABMiller (SAB.L), in the process of being bought by Anheuser-Busch InBev (ABI.BR), reported lower quarterly revenue on Thursday, hurt by tough conditions in some African markets. The maker of beers such as Castle Lager, Peroni and Grolsch said group net revenue fell 4 % in its initial quarter, ended June 30, with volume flat. Excluding the impact of acquisitions, disposals and currency fluctuations, revenue rose 2 % as gains in Europe, South Africa and Latin America offset additional challenging conditions in other African markets, where volume was hurt by economic volatility and tough conditions.
  • VW says US 'Dieselgate' settlement not to be replicated in Europe

    GERMANY, 2016/07/04 Volkswagen's CEO has rejected calls for the carmaker to compensate customers in Europe over the 'Dieselgate' emissions scandal along the lines of its $15-billion transaction in the US, telling a German newspaper a similar settlement would be inappropriate and unaffordable. Europe's Industry Commissioner Elzbieta Bienkowska last week called on Volkswagen to as well compensate European owners of its diesel-powered cars, saying it would be unfair for them to be treated differently from US customers just because of a different legal system.
  • Harkand: Management buyout saves US and African businesses

    UNITED STATES, 2016/05/11 A team of former Harkand executives have agreed a management buyout of the defunct oilfield services firm’s US and African businesses – giving hope that 100 jobs can be saved. The team led by AJ Jain, Harkand North America managing director, has agreed a transaction with administrators Deloitte to acquire the North American and African business.
  • Yahoo To Alert Users Of Suspected State-sponsored Hacking Attacks

    UNITED STATES, 2015/12/26 Yahoo Inc. (YHOO) said it will presently alert its users if it "strongly suspects" their accounts have been targeted by national-sponsored actors. The Internet giant becomes the new tech company to say it will alert users of national-sponsored attacks, showing the increasing focus of companies on cyber security. Yahoo's Chief Data Security Officer Bob Lord said the company will provide specific notifications to enable targeted users to take steps to protect their accounts and devices from sophisticated attacks. However, Yahoo stressed that just because users are notified of a potential national-sponsored attack, it does not necessarily mean the account has been compromised.
  • Energy Fuels (NYSEMKT:UUUU, TSE:EFR) is bemused by the share price movement

    UNITED STATES, 2015/11/24 Energy Fuels (NYSEMKT:UUUU, TSE:EFR) is bemused by the share price movement that has seen one third wiped off the company's price in the last month. The company released a statement saying it was not aware of any undisclosed material change in the company's affairs that would precipitate an adverse share price reaction. The shares, currently trading at C$2.72 in Toronto, fell 4.2% on Thursday and have lost one-sixth of their price in the last week alone. The last public data released by the company was the third quarter update released on November 5, which showed gross profits of $7.23mln on revenues of $19.2mln.
  • Pfizer is set to buy Allergan for more than $150 billion

    UNITED STATES, 2015/11/23 Pfizer Inc was due to fasten formal board approval on Sunday for its acquisition of Botox maker Allergan Plc for additional than $150 billion, creating the world's biggest drug maker, according to people familiar with the matter. The transaction, the major ever in the healthcare sector, is sure to draw political ire in a U.S. presidential election year because Pfizer would redomicile to Ireland, where Allergan is registered, in a so-called "inversion" that would slash its corporate tax rate. It will as well reignite debate in the pharmaceutical industry over the role of research and development, with Allergan Chief Executive Brent Saunders, a prolific dealmaker and a skeptic of in-home drug discovery, joining the combined company in a position to influence its strategy. The transaction would involve Pfizer paying with 11.3 of its shares for each Allergan share, the people said. There will as well be a small cash component, accounting for less than 10 % of the price of the transaction, the people said.