Tag Archives: Spin

CNBC: Sundar Pichai, CEO of Alphabet and Google being interviewed by Deirdre Bosa. CNBC Google has offered to split parts of its ad-tech business into a separate company under its parent company Alphabet to ward off a second expected antitrust lawsuit from the Department of Justice, The Wall Street Journal reported on Friday. Such a concession would keep the ad business under the Alphabet umbrella but still represent a significant change in the digital advertising landscape, in which Google is… Source link

By Michael Erman and Manas Mishra (Reuters) – Johnson & Johnson plans to spin off its consumer health division that sells Listerine and Baby Powder to focus on pharmaceuticals and medical devices in the biggest shake-up in the U.S. company’s 135-year history. The move by the world’s largest health products company follows similar announcements by conglomerates Toshiba https://www.reuters.com/technology/toshiba-set-announce-split-into-three-firms-shareholder-reaction-focus-2021-11-12 General… Source link

Earlier this month, Benoit Coeure, a well-known central bank policymaker, sounded an alarm for central banks to act now on minting their own central bank digital currencies (CBDCs).  In a speech, the former European Central Bank economist who leads innovation at the Bank of International Settlements (BIS) warned that rapidly mushrooming cryptocurrencies will challenge the business models of international banking — if monetary authorities don’t quickly act. As China moved on Friday to… Source link

Taco Bell (YUM) is stepping into the future latest restaurant design. Dubbed “Taco Bell Defy,” the food giant is doubling down on trends amplified during the COVID-19 pandemic, namely digital ordering and delivery. The location is expected to debut in Brooklyn Park, Minnesota, but won’t actually open its doors until the summer of 2022. According to the company, the new design concept was developed by Minneapolis-based Vertical Works, and includes a drive-thru experience with four lanes…. Source link

• The sticky stuff remains at the forefront of baseball, as this past week had the lowest spin rate of any this season, resulting in batting average being up and strikeouts down, as MLB’s planned crackdown on pitchers’ use of foreign substances is taking shape. Meanwhile, MLB’s spin leader Trevor Bauer was hit hard Saturday in a home start against a poor Rangers offense, and his stuff clearly hasn’t looked the same recently. Corbin Burnes, whose cutter is among the leaders in spin… Source link

Spin rate and the attempted crackdown against foreign substances is the biggest story in baseball right now. After Gerrit Cole’s spin rate was noticeably down during his (poor) last start, Trevor Bauer’s was way down during Sunday’s loss. He still managed to strike out Ronald Acuna with just one eye open, but this could have a real effect moving forward. There’s not much fantasy managers can actionably do at this point other than possibly include Dodgers pitchers in trade offers… Source link

(Bloomberg) — AT&T Inc. will offload its DirecTV operations in a deal with private equity firm TPG that values the business at about $16 billion, a fraction of what the telecom giant paid for the satellite-TV company in 2015. The move caps years of AT&T deliberating over what to do with DirecTV, a pay-television pioneer that had increasingly become a burden as it hemorrhaged customers. As part of the agreement, a joint venture with TPG will run DirecTV and AT&T’s other pay-TV operations,… Source link