Elon Musk.Adrees Latif/Reuters Elon Musk could have to sell up to $10 billion in Tesla stock next week to complete his Twitter buyout, according to Dav Ives of Wedbush. “The more investors that bail on this deal is the more money that Musk needs to contribute and therefore sell more Tesla stock,” Ives said. Ives called Musk’s $44 billion deal for Twitter a “train wreck.” Elon Musk could be forced to sell $5 billion to $10 billion in Tesla stock next week as he prepares to complete a $44 billion… Source link
Read More »Yahoo, DirecTV STB data deal
Yahoo is expanding its partnership with DirecTV Advertising to include set-top box (STB) data, backed by privacy protection protocols. With the expanded partnership, Yahoo’s demand-side platform (DSP) customers can now activate TV usage data from millions of DirecTV households in the US to optimise planning, activation and measurement of digital campaigns across DirecTV and non-DirecTV inventory. Currently, Yahoo is the only omnichannel DSP to have access… Source link
Read More »MLB’s deal with CBD company Charlotte’s Web is a ‘game changer’: CEO
This week, Major League Baseball (MLB) became the first of the four major U.S. sports leagues to sign a CBD sponsor. The league is teaming up with Colorado CBD company Charlotte’s Web for a multi-year deal that includes a line of MLB-branded products. According to MLB, the deal will provide “increased CBD visibility to their professional athletes, millions of fans and communities.” Charlotte’s Web CEO Jacques Tortoroli joined finance to discuss the partnership, misconception about… Source link
Read More »Elon Musk tells Twitter he wants to go ahead with original deal
Elon Musk wants to own Twitter after all. The Tesla CEO has decided he wants to go ahead with the deal he originally struck to buy the social media company for $54.20 a share, Bloomberg reports. News of the proposal comes less than two weeks before the two sides were set to go to trial in Delaware’s Court of Chancery over Musk’s attempt to get out of that deal. He has cited concerns about the number of spam and bot accounts on Twitter, and later added allegations from the company’s… Source link
Read More »Yahoo! and Adsquare in DOOH Measurement Deal
Yahoo! and Adsquare in DOOH Measurement Deal October 3 2022 Yahoo! and audience data and targeting specialist Adsquare have partnered to help advertisers in EMEA markets develop their digital out-of-home (DOOH) campaigns, using Adsquare’s footfall measurement and audience scoring segments. Yahoo’s own Identity Graph is built on deterministic data from opted-in, consented consumer relationships across a range of omnichannel, cross-screen touchpoints including mobile app, search, owned… Source link
Read More »Amazon’s deal spree raises ‘No. 1 question’ from investors, tech analyst says
Amazon (AMZN) has telegraphed to investors and the world that deals are key to its future, but those transactions create antitrust risks — and investors are taking notice, Jefferies analyst Brent Thill told Yahoo Finance Live (video above). Amazon has made headlines for its big-ticket dealmaking in recent months. The company acquired both subscription health care provider OneMedical (ONEM) and Roomba-maker iRobot in quick succession, for $3.9 billion and $1.7 billion respectively. However,… Source link
Read More »Newly revealed private texts show Jack Dorsey tried to get Elon Musk involved with Twitter at least a year before the $44 billion deal. ‘I trust you,’ Dorsey wrote.
Dimitrios Kambouris/Getty Images for The Met Museum/Vogue/Joe Raedle/Getty Images Text messages between Elon Musk and various notables in tech and business have been released. In several private exchanges, Musk and Jack Dorsey discussed the platform and Musk’s involvement. “I trust you,” Dorsey said in one text to Musk. Elon Musk and Jack Dorsey texted privately about Twitter several times before and after the Tesla billionaire became financially involved in the company, newly revealed court… Source link
Read More »Elon Musk’s legal team is frustrated after Twitter’s CEO cancels his deal deposition on short notice
Kevin Dietsch/Getty Images Parag Agrawal canceled an interview with Elon Musk’s lawyer the day before it was set to take place. The CEO has yet to reschedule, although the interview is expected to happen. Musk is expected to be interviewed later this week as part of the ongoing lawsuit. Twitter’s Parag Agrawal canceled on short notice a scheduled deposition as part of his company’s lawsuit against Elon Musk, frustrating the billionaire’s legal team, people familiar with the case told Insider. The… Source link
Read More »Boxer Gervonta Davis set for Dec. trial after judge rejects plea deal for 2020 hit-and-run
Boxer Gervonta Davis and his lawyer are headed to trial on Dec. 12 after a judge rejected a plea deal in the case of a 2020 hit-and-run crash in Baltimore. In a hearing on Tuesday, Judge Melissa Phinn rejected the deal offered by prosecutors, which included a one-year suspended sentence, two months of home confinement, and zero jail time. Davis, 27, had already accepted that deal, which was not the first one he was offered. Prosecutors originally proposed a plea deal that included four months… Source link
Read More »U.S. signs deal with Google to develop chips for researchers
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 13 (Reuters) – The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s (GOOGL.O) Google to produce chips that researchers can use to develop new nanotechnology and semiconductor devices. The deal was signed between the Commerce… Source link
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