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Finance

The share purchase, along with an additional $1 billion direct investment in the company, would make the group one of Uber's biggest shareholders, according to sources who asked not to be identified discussing the private terms. These comments come on the heels of Uber's disclosure last week that it covered up a 2016 data breach which compromised data of some 57 million customers and drivers, prompting governments around the world to launch probes into the breach and Uber's handling of the ...
  • Mars, Cadbury, Adidas amongst brands to drop YouTube ads over paedophile fears

    Mars, Cadbury, Adidas amongst brands to drop YouTube ads over paedophile fears

    Finance

    At the heart of the matter are a glut of videos hosted on YouTube that feature predatory comments directed at children, as well as inappropriate videos that target and/or feature minors. "We are deeply troubled to learn that one of our advertisements was placed in a bad and inappropriate context", a spokesperson said in a statement emailed to CNBC.
  • Tumblr founder David Karp to step down

    Tumblr founder David Karp to step down

    Finance

    Karp was at the helm of the blogging site since its inception in 2007, and recently it struggled to stay relevant and profitable in a world where other social media giants add distinctive features regularly as they seek to captivate new audiences and keep old users.
  • Twenty-First Century Fox, Inc. (FOXA) PT Raised to $36.00

    Finance

    Private Management Group Inc sold 7,049 shares as the company's stock declined 1.27% while stock markets rallied. The VC is displayed as a number between 1 and 100. TRADEMARK VIOLATION NOTICE: "Yacktman Asset Management LP Trims Position in Twenty-First Century Fox, Inc ". Meanwhile, due to a recent pullback which led to a fall of nearly -33.68% in the past one month, the stock price is now with underperforming -58.88% so far on the year - still in weak zone.
  • Campbell Newman Asset Management Inc. Cuts Stake in Wells Fargo & Company

    Campbell Newman Asset Management Inc. Cuts Stake in Wells Fargo & Company

    Finance

    Sonata Cap Gp reported 6,200 shares or 0.26% of all its holdings. Amica Pension Fund Board Of Trustees has invested 1.58% in Wells Fargo & Co (NYSE: WFC ). Therefore 47% are positive. F5 Networks Inc. had 95 analyst reports since July 24, 2015 according to SRatingsIntel. During the last month, the stock has changed 4.31% and performed 7.81% over the last 6 months.
  • Deleted Footage From JUSTICE LEAGUE In One Video

    Deleted Footage From JUSTICE LEAGUE In One Video

    Finance

    Yes, Zack would've probably done things differently to how the film turned out, but thats it. The first movie this year received impressive ratings from movie critics. Writing on Change.org, Roberto Mata claimed that Whedon's reshoots "did Snyder a disservice" and that his work in post-production 'butchered Snyder's original cut'.
  • Baldwin Investment Management LLC Has $2.27 Million Stake in Amazon.com, Inc

    Baldwin Investment Management LLC Has $2.27 Million Stake in Amazon.com, Inc

    Finance

    Barclays Capital initiated the shares of BIG in report on Friday, September 23 with "Equal-Weight" rating. The firm earned "Sell" rating on Tuesday, August 25 by Zacks. Amazon.com earned a media sentiment score of 0.11 on Accern's scale. (NASDAQ: AMZN ) was sold by ALBERG TOM A . Van Eck Assoc Corporation reported 36,117 shares or 0% of all its holdings.
  • Donaldson Capital Management LLC Trims Stake in Exxon Mobil Corporation (XOM)

    Donaldson Capital Management LLC Trims Stake in Exxon Mobil Corporation (XOM)

    Finance

    About 5.84 million shares traded. Analysts are also projecting an Average Revenue Estimate for Exxon Mobil Corporation as $72.65 Million in the Current Quarter. Ontario - Canada-based Canada Pension Plan Inv Board has invested 0.02% in Dana Inc (NYSE:DAN). The shares of the corporation went up by 0.37% during the previous month.
  • Drilling Down Into Cisco Systems, Inc. (CSCO)

    Drilling Down Into Cisco Systems, Inc. (CSCO)

    Finance

    As per Thursday, August 18, the company rating was maintained by Barclays Capital. Bank of America downgraded the stock to "Neutral" rating in Tuesday, April 5 report. Vigilant Cap Management Limited Liability owns 8,604 shares or 1.36% of their U.S. portfolio. Us Bank & Trust De stated it has 4.20M shares. Manchester Capital Management LLC now owns 3,606 shares of the network equipment provider's stock worth $113,000 after acquiring an additional 350 shares during the period.
  • Sales of new USA homes rise to highest pace in a decade

    Sales of new USA homes rise to highest pace in a decade

    Finance

    Sales of newly built, single-family homes in October rose 6.2% from the month before to a seasonally adjusted annual rate of 685,000 units from a downwardly revised September reading of 645,000, according to new Commerce Department figures released Monday.
  • Budweiser has Grand Plans to Brew Beer on Mars

    Budweiser has Grand Plans to Brew Beer on Mars

    Finance

    Barley will be sent to the International Space Station and studied in the galactic environment. Budweiser wants to sell the first beer on Mars, and they are sending barley into space in preparation. The barley is to be carried on Space X's cargo supply mission, due to launch on 4 December from Cape Canaveral Air ForceStation, Florida. The innovation team of Budweiser along with its partner companies is all set to kick off two barley experiments.
  • TransCanada recovers 44000-plus gallons of oil from Keystone spill

    TransCanada recovers 44000-plus gallons of oil from Keystone spill

    Finance

    TransCanada Corp will restart its Keystone crude oil pipeline at reduced pressure on Tuesday after getting approval from US regulators, the company said on Monday. The cleanup "is going as fast as we would hope". As it happens, TransCanada's spill risk estimate for the KXL is also very low-2.2 leaks per decade with half of those at volumes of 3 barrels or less.
  • Back to school, back to work, back to rising gas prices

    Back to school, back to work, back to rising gas prices

    Finance

    The average price for a gallon of regular gas in the Bradenton-Sarasota-Venice market was $2.44 on Sunday, up 9 cents from a month ago and 40 cents above past year, AAA reported Monday. It's also 40 cents higher than the price in Rhode Island was a year ago at this time- $2.20 per gallon. AAA Northeast said Monday in its weekly survey that self-serve, regular unleaded is averaging $2.60 per gallon.
  • OneView Group's (LON:ONEV) Corporate Rating Reaffirmed at FinnCap

    OneView Group's (LON:ONEV) Corporate Rating Reaffirmed at FinnCap

    Finance

    GBX 91's average target is 5.34% above currents GBX 86.39 stock price. UBS maintained the shares of EZJ in report on Tuesday, September 27 with "Neutral" rating. As per Tuesday, October 17, the company rating was maintained by Canaccord Genuity. It has underperformed by 16.70% the S&P500. The firm's market capitalization is GBX 593.27 million.
  • Sensex down 78 points on S&P's sovereign rating

    Finance

    Another day of consolidation, as Nifty ended with modest gains. But sudden buying in the last one hour of trade saw it close higher by 45.20 points, or 0.13 per cent, at 33,724.44. But foreign portfolio investors net sold shares worth Rs 416.28 crore. A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India .
  • IShares US Energy (IYE) Declines 0.91% for Nov 27

    IShares US Energy (IYE) Declines 0.91% for Nov 27

    Finance

    The measure is commonly used to compare the performance of businesses within the same industry, since it is very hard for someone to obfuscate the cash flow figure. The Price to Book ratio for SPDR S&P 500 ETF Trust ARCA:SPY is 1.044660. Companies take on debt to finance their day to day operations. The Return on Invested Capital is a ratio that determines whether a company is profitable or not.
  • United Kingdom to give police new powers to ground drones

    United Kingdom to give police new powers to ground drones

    Finance

    The move will come as part of a new United Kingdom drone bill that the government plan to introduce. "But if we are to realise the full potential of this incredibly exciting technology, we have to take steps to stop illegal use of these devices and address safety and privacy concerns".
  • Turnbull Slammed Over NBN HFC Delay: 'What Have You Been Hiding?'

    Turnbull Slammed Over NBN HFC Delay: 'What Have You Been Hiding?'

    Finance

    The shift to a "multi-technology mix" for the National Broadband Network "has well and truly failed", the shadow communications minister said after NBN's CEO, Bill Morrow, announced that the company would cease activating new HFC premises while it works to address problems with performance and the migration process.
  • 'Walking Dead' Favorite Lennie James to Exit, Joins Spinoff 'Fear'

    'Walking Dead' Favorite Lennie James to Exit, Joins Spinoff 'Fear'

    Finance

    The Walking Dead tells the story of the months and years that follow after a zombie apocalypse, and follows a group of survivors, led by police officer Rick Grimes, who travel in search of a safe and secure home. "And I've said my goodbyes to the cast and stuff, and I've said my goodbyes to the crew". "It was also important too see Fear's world and characters through new yet familiar eyes".
  • Bitcoin cracks $9600 just hours after breaking $9000 level

    Bitcoin cracks $9600 just hours after breaking $9000 level

    Finance

    Aside from the shopping frenzy, Coinbase - the largest bitcoin exchange in the US - registered around 100,000 new accounts between Wednesday and Friday, with the new total of accounts breaching 13 million. The largest USA bitcoin exchange, Coinbase, added about 100,000 accounts before the weekend - to a total of 13.1 million, according to public data available on its website.