With the Delaware bankruptcy court judge having to balance the myriad what-ifs scenarios, this case makes an interesting read. A U.S. bankruptcy judge has given Elliott Management Corp eleven more days to formalize its plans to bid on Oncor Electric… Read More ›
Creativity
Fintech companies powering Britain’s growth despite Brexit
Fintech startups have drawn investments from venture capitalist companies, mainly based out of the U.S., and despite the uncertainty surrounding Brexit negotiations, the inflow of funds has placed Britain third in the global race to attract venture capital funds. A… Read More ›
U.S. auto regulators set to relax emission standards for the U.S.
The move could further pad the pockets of big oil and big auto and end up hurting U.S. consumers. The U.S. Transportation Department has disclosed it may revise auto fuel efficiency standards from the 2021 model year. The move comes… Read More ›
Viacom bids $10.6 billion for Scripps Networks Interactive
While the all-cash deal could potentially downgrade Viacom’s investment grade rating, which is already at the lowest level, it can also act as a cost saving measure and give it more headroom during negotiations with cable and satellite providers. According… Read More ›
Apple ordered to pay $506 million for infringing on a patent held by the University of Wisconsin-Madison
This will be Apple’s second appeal in this case, with damages continuing to pile up. U.S. District Judge Judge William Conley has ordered Apple Inc to pay $506 million for infringing on a patent owned by the University of… Read More ›
SimilarWeb raises $47 million in latest funding round
SimilarWeb’s expertise lie in evaluating the performance of websites and mobile apps. On Tuesday, SimilarWeb, an Israeli-U.S. tech firm whose platform helps track the performance of websites of companies and mobile apps disclosed it has raised $47 million in a… Read More ›
VW’s diesel cars lacking retrofitting updates will lose registration and be fined
If you own a diesel car from VW’s stables, you are likely to benefit reading this. The owners of Volkswagen vehicles that have been affected by the diesel emissions scandal please perk up and pay attention. The refusal to… Read More ›
Qualcomm states Apple and Computer & Communications Industry Association are misdirecting trade regulators
While Qualcomm arguments are focused on its patent regime, the arguments of the defendant appear to appeal to the emotional side of regulators. Qualcomm Inc fired back at Apple and at the tech lobby group which sided with Cupertino, saying… Read More ›
Citigroup revives Analysts and Investors conference
Although the event is invite-only, just about anyone with an internet connection can tune in to the event. Citigroup Inc will be holding a day-long investor conference on Tuesday. This is noteworthy since this will be the first time, since… Read More ›
Barnes and Noble scouting for a buyer
The move comes midst increased pressure from activist investor, Sandell Asset Management Corp. As per a report appearing in the Wall Street Journal, Sandell Asset Management Corp, an activist investor, is pushing Barnes & Noble to try and sell itself… Read More ›