(Bloomberg) — Amazon.com Inc. is planning to split its stock for the first time in more than two decades in a move that will end an era of four-digit stock prices for the biggest U.S. technology companies. Most Read from Bloomberg Amazon intends to boost its outstanding shares by a 20-to-1 ratio, under a plan disclosed late Wednesday, joining other technology giants like Alphabet Inc. and Apple Inc. who have turned to splits to make their stocks more attractive to retail investors. That news… Source link
Read More »Activist investor who shook up Bed Bath & Beyond agrees with GameStop chair’s plan
Activist investor Jonathan Duskin at Macellum Capital Management fought a failed management team at Bed Bath & Beyond and won big in 2019. Duskin — whose successful campaign led to a board overhaul and ultimately the addition of current Bed Bath & Beyond CEO Mark Tritton — tells Yahoo Finance Live what GameStop Chairman Ryan Cohen is doing with the home goods retailer makes sense. “Ryan has a great following and is very well respected,” Duskin says. “I think we’ve articulated there is a… Source link
Read More »With 1 Sentence, Google’s CEO Just Shared the Best Plan Yet for Returning to the Office
Over the past six months, one of the more interesting tensions to play out has been watching companies of all sizes try to figure out the best way to bring their employees back to the office. On the one hand, the pandemic has taught many of us that there are a lot of jobs that simply don’t require being in an office. At the same time, there are real benefits to having everyone together–even if not all the time. For example, teams develop relationships differently when they’re together in… Source link
Read More »NBA must plan for post-LeBron James era before it’s too late
CLEVELAND — He bathed in the applause, yelled to the heavens, earning the biggest cheers among all the current players in the All-Star Game. Later, when LeBron James stood among so many of the NBA’s greatest players in its 75 years, only a few could relate to being the face of the game. One by one, they all played a part in molding the game into what it is: the texture, the depth and even its warts. But being an ambassador is something different. Carrying the torch of what the NBA is… Source link
Read More »Delisting Does Not Indicate Plan To Sell Grubhub, Says Just Eat Takeaway CEO
Just Eat Takeaway.com CEO Jitse Groen said on Sunday the company’s decision to de-list its shares from the Nasdaq stock exchange should not be taken as an indication of plans to sell its Grubhub subsidiary. The company announced its intention to delist its US shares on Tuesday. Shares of the Amsterdam-based company remain listed on the Amsterdam and London stock exchanges. “This is a cost reduction measure,” Groen told Dutch television programme Business Class in an interview. He repeated… Source link
Read More »Google Has a New Plan to Kill Cookies. People Are Still Mad
“There are a couple of improvements in Topics,” says Hamed Haddadi, chief scientist at Brave, a privacy-focused browser and search engine. He says that under FLoC, people could have been grouped into more than 30,000 different categories, which would allow advertisers to gain specific knowledge of their interests. This information could then be combined with other data to build up an incredibly detailed picture of each and every one of us. This is less likely in Topics, as there are… Source link
Read More »German publishers oppose Google plan to phase out third-party cookies
Google is facing a fresh complaint from Germany’s largest publishers and advertisers, which are demanding that the EU intervene over the search giant’s plan to stop the use of third-party cookies. Axel Springer, the publisher of titles such as Bild and Politico, is among the hundreds of publishers, advertisers and media groups that have argued to the bloc’s competition chief, Margrethe Vestager, that Google is breaking EU law with its move to phase out third-party cookies from… Source link
Read More »VEON’s Beeline Teams Up with Yandex Plus to Launch First Joint Tariff Plan
VEON, a leading global provider of connectivity and internet services, recently announced that its Beeline mobile operator in Russia is to partner with Yandex.Plus for the launch of their first joint tariff plan. The plan, branded “People closest to you with Yandex.Plus”, is a single-payment tariff that includes a bundle of minutes, internet and unlimited messages, as well as giving access to Kinopoisk, Yandex Music and cashback points in Yandex services. The joint tariff plan… Source link
Read More »Browns plan to keep QB Baker Mayfield for 2022, per report
The Cleveland Browns have reportedly made a decision about quarterback Baker Mayfield. According to NFL Network’s Ian Rapoport and Tom Pelissero, the Browns plan to keep him as their starting QB for the 2022 season. This seems like a sensible decision for both parties, but it wasn’t a sure thing. Just one year after making the playoffs for the first time since 2002, the Browns are on the outside looking in once again, coming into the final week with a 7-9 record. They were eliminated from… Source link
Read More »GameStop’s reported NFT plan is ‘dead on arrival’: Analyst
GameStop’s (GME) reported plan to launch an NFT marketplace is “dead on arrival”, says one analyst. “NFT’s are a real thing…the problem is GameStop,” Wedbush’s Michael Pachter told Yahoo Finance Live. A Wall Street Journal report says the company hired more than 20 people to run the unit which will launch an NFT marketplace, a plan which the video game retailer has hinted at in the past. The report also states GameStop is working on creating partnerships with two crypto companies. “NFT’s… Source link
Read More »