Tag Archives: Bid

Twitter Said to Be Suspending Over 1 Million Accounts Per Day in Bid to Battle Fake News

Twitter has sharply escalated its battle against fake and suspicious accounts, suspending more than one million accounts a day in recent months, a major shift to lessen the flow of disinformation on the platform, according to data obtained by The Washington Post. The rate of account suspensions, which Twitter confirmed to the Post, has more than doubled since October,… Read More »

Qualcomm Board to Discuss Broadcom’s Takeover Bid

Qualcomm said Wednesday its board would “promptly” consider a hostile $121 billion (roughly Rs. 7.8 lakh crores) takeover bid by Singapore-based Broadcomfollowing a meeting of top executives of the two computer chipmaking giants. “We met with representatives of Broadcom for two hours earlier today, and listened carefully to what they had to say,” Qualcomm said in a statement. “The Qualcomm board will… Read More »

Scotland puts bid for second independence vote on hold

Scotland’s devolved government has shelved its immediate plans to hold a second independence referendum until after the terms of Britain’s exit from the United Kingdom are clear, First Minister Nicola Sturgeon said on Tuesday. The Scottish parliament in March backed Sturgeon’s bid to hold a new referendum in 2018 or early 2019, but British Prime Minister Theresa May… Read More »

PepsiCo in bid to acquire Vita Coco owner – sources

Soft drink maker PepsiCo Inc (PEP.N) is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday. The acquisition would help PepsiCo diversify its offerings as it grapples with stagnant sales, amid a shift of many consumer… Read More »

Sky bid puts independent directors under pressure

Sky’s independent directors are under mounting pressure to secure a higher bid from Rupert Murdoch for the 61% stake in the satellite broadcaster it does not own. On Friday, 21st Century Fox announced a possible bid for Sky priced at £10.75 a share, valuing the company at £18.5bn. Investors are concerned that James Murdoch is both chairman of… Read More »

Pressure grows to refer Rupert Murdoch’s Sky bid to Ofcom

Ministers are declining to comment on the deal, but Bradley will have to take a quasi-judicial decision on whether to ask Ofcom for an adjudication within 10 days of being formally notified of the proposal. Matthew Hancock, Bradley’s deputy minister at the Department for Culture, Media and Sport, said he could only reassure MPs that the culture secretary… Read More »

Liberty House to submit bid for Tata Steel UK on Tuesday

Metals group Liberty House will submit a letter of intent to buy the British assets of Tata Steel on Tuesday, a spokeswoman said, in the first concrete bid since the Indian conglomerate put the business up for sale, threatening thousands of jobs. India’s Tata group announced plans to sell its entire UK steel operation in March, leaving the… Read More »

Twitter Hires New Executive in Bid to Win China Advertisers

Twitter introduced a new head of operations Friday for what it calls Greater China despite still being banned in the mainland, as it attempts to boost already booming advertising. While San Francisco-based Twitter is not allowed to operate in mainland China under the country’s strict Internet censorship, it does have an office in Hong Kong that courts advertisers… Read More »