Tag Archives: ownership

By Sheila Dang and Greg Roumeliotis (Reuters) – Elon Musk has taken ownership of Twitter Inc with brutal efficiency, firing top executives immediately but providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. “The bird is freed,” he tweeted after he completed his $44 billion acquisition on Thursday, referencing Twitter’s bird logo in an apparent nod to his desire to see the company have fewer limits on content that can… Source link

By Sheila Dang and Greg Roumeliotis NEW YORK (Reuters) -Elon Musk has taken ownership of Twitter Inc with brutal efficiency, firing top executives but providing little clarity over how he will achieve the ambitions he has outlined for the influential social media platform. “The bird is freed,” he tweeted after he completed his $44 billion acquisition on Thursday, referencing Twitter’s bird logo in an apparent nod to his desire to see the company have fewer limits on content that can be… Source link

I’m not sure how you can profess to be “light-years ahead of probably every other team in structure, in planning, in how we’re going to go about things” and complain about the rules governing the structure and planning that all NBA franchises are subject to, but Golden State Warriors owner Joe Lacob is sure trying. Lacob will have you believe it’s “very unfair” that the Warriors have to pay escalating taxes in order to keep a championship team together, when his unique ability to rage… Source link

Charles Robinson and Eric Edholm Rapper, actor, mogul & Big3 founder Ice Cube joins Posted Up with Chris Haynes for the second time–fresh off a major announcement from his 3-on-3 league. Listen to the whole podcast here Chris Haynes & Ice Cube talk about the Big3’s move to a decentralized ownership strategy, allowing fans and investors to own a piece of Big3 teams, have a vote in league decisions, special access to practices and other unique benefits. Later in the podcast, Chris &… Source link

If you want to know who really controls Yandex N.V. (NASDAQ:YNDX), then you’ll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Warren Buffett said that he likes “a business with enduring competitive advantages that is run by able and owner-oriented people.” So it’s nice to see some insider ownership, because it may suggest that management is owner-oriented. … Source link

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here. Morgan Stanley analyst Luke Holbrook reiterated an Overweight rating and $90.00 price target on Yandex (NASDAQ: YNDX) after the company bolstered its stake in the Uber JVs with a $1bn deal, resulting in Yandex owning 100% of the SDG, Yandex.Eats, Lavka and Delivery, plus 4.5% of the MLU JV (ride-hailing). The analyst stated “We think the market will view a further option to… Source link

MOSCOW (Reuters) -Russian internet giant Yandex said on Tuesday it would buy Uber’s stakes in their joint foodtech, delivery and self-driving businesses, and increase its stake in a mobility-focused joint venture as part of a $1 billion deal. The company added that it had received a call option to purchase Uber’s remaining stake in mobility businesses for up to $2 billion. The restructured joint venture MLU will continue to focus on mobility businesses, including ride-hailing and car… Source link

An Uber logo is seen during the global outbreak of the coronavirus disease (COVID-19), in Redondo Beach, Los Angeles, California, U.S., November 2, 2020. REUTERS/Lucy Nicholson MOSCOW, Aug 31 (Reuters) – Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber’s (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses, and increase its stake in a mobility-focused joint venture as part of a $1 billion deal. The company added it had received a call option to… Source link

Jeff Bezos said in a court filing that Michael Sanchez tried to avoid paying a defamation judgment. The filing accused Sanchez of transferring his California residence to a limited liability company. Thursday’s court filing marked the latest development in an ongoing legal battle.  See more stories on Insider’s business page. Amazon CEO Jeff Bezos on Thursday said in a court filing that his girlfriend’s brother tried to avoid reimbursing his legal fees by hiding his ownership of a $2.5 million… Source link

The Conversation Why white supremacists and QAnon enthusiasts are obsessed – but very wrong – about the Byzantine Empire Inspiration for a mob of angry white men? Getty ImagesFrom Charlottesville to the Capitol, medieval imagery has been repeatedly on show at far-right rallies and riots in recent years. Displays of Crusader shields and tattoos derived from Norse and Celtic symbols are of little surprise to medieval historians like me who have long documented the appropriation of the Middle… Source link