Tag Archives: buys

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 18 (Reuters) – Yandex Market, owned by Russian internet giant Yandex (YNDX.O), said on Friday it had agreed to buy up the remaining inventory of Swedish furniture giant IKEA (IKEA.UL), which has closed its shops in Russia. Yandex signed binding documents on Nov. 16 to buy more than 20 million IKEA products, from furniture to stuffed toys, left over from the final online… Source link

(Bloomberg) — A former hedge fund manager who shot to fame for a $2.7 billion volatility trading gain during the global financial crisis is buying the pound on a day when the currency slumped to an all-time low. Most Read from Bloomberg Stephen Diggle on Monday used 10% of the assets of a “small fund” to buy sterling to finance investments in the UK, especially stocks of companies that have earnings in the greenback but costs in the British currency, he said in an email. He didn’t… Source link

The Thompson Center takes up an entire city block.(Photographs by David Kidd/Governing) … Source link

Hello, friends! Welcome back to Week in Review, the newsletter where we quickly sum up the most read TechCrunch stories from the last sevenish days. The goal? Even if you’ve had a busy week, a quick skim of WiR should keep you in the (tech) loop. Want it in your inbox every Saturday? Sign up here. This week was a bit all over the place, with another big story breaking every couple hours. Let’s just drop right in, shall we? most read Cutbacks at Area 120: Area 120 is Google’s… Source link

Yahoo has acquired The Factual, a company that uses algorithms to rate the credibility of news sources, Yahoo president and general manager Matt Sanchez told Axios. Why it matters: The deal could provide Yahoo News’ 200 million+ monthly visitors with ratings for the thousands of news sources Yahoo aggregates on its site. “One of the biggest things that we hear from our users is that they’re worried about bias and how to understand the content that they’re consuming,” Sanchez said. Details:… Source link

Dan Loeb is once again bullish on Disney (DIS). According to a letter the activist investor sent to CEO Bob Chapek, Loeb’s Third Point has repurchased “a significant stake” in the media giant, causing shares to rise 2%. Loeb, who previously held a stake in the company from 2020 to early 2022, praised Disney’s positive Q3 earnings results, citing strength in Disney’s streaming business. “We’re particularly pleased to see the strength in DTC subscriber growth, the key driver of Disney’s… Source link

SG Americas Securities LLC raised its stake in Yandex (NASDAQ:YNDX – Get Rating) by 24.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,440 shares of the information services provider’s stock after purchasing an additional 11,304 shares during the quarter. SG Americas Securities LLC’s holdings in Yandex were worth $862,000 at the end of the most… Source link

Topline Google bought a downtown Chicago building from the Illinois state government for $105 million, the parties announced Wednesday, delivering a much-needed symbolic victory for Illinois after three of the state’s largest companies announced plans to move their headquarters away from the state. The James R. Thompson Center, pictured in 2009. Getty Images Key Facts Google said it plans to occupy the James R. Thompson Center, formerly home to state government… Source link

A man in Phoenix is losing hundreds of dollars each day after shaving nearly 50 cents off per gallon at his gas station to help customers weather skyrocketing fuel prices. Jaswiendre Singh, who runs the business at the corner of Osborn Road and 20th Street, showed Arizona’s Family on Wednesday that he buys gas from a supplier for $5.66 per gallon but sells it for just $5.19 per gallon. Singh started offering discounts as early as March, decreasing the gas station’s purchase price by 10… Source link

Google has been on an audio startup buying spree: It’s undertaken four separate transactions over the past 15 months, spending tens of millions of dollars to acquire IP, tech and talent in the field of audio hardware. These acquisitions could help the company beef up its wireless earbuds, and possibly defend itself against future patent litigation. A Google spokesperson declined to comment. Google kicked off its audio hardware-buying binge in December 2020, when it inked a deal with longtime… Source link