The potential deal is likely to be structured using Reverse Morris Trust – a tax-efficient way that companies typically use to sell of large assets. The potential deal is likely to be announced in the coming days. As per a… Read More ›
Wall Street Journal
Bi-partisan bills targeting Chinese companies in non-compliance with U.S. sanctions or export control laws being introduced in the U.S
Headwinds facing Huawei Technologies and ZTE Corp is likely to shoot up to gale force. In a development that comes in the wake of federal prosecutors investigating alleged stealing of trade secrets by Huawei from T-Mobile and other businesses, a… Read More ›
Activist investor Hudson Executive Capital LP takes 3.1% stake in Deutsche Bank
Hudson Executive Capital LP led by former JPMorgan Chase’s CFO Douglas Braunstein feels that Deutsche Bank is “misunderstood and undervalued”. On Thursday, as per a report from the Wall Street Journal, New York-based hedge fund Hudson Executive Capital LP has… Read More ›
U.S. Securities and Exchange Commission files lawsuit against Tesla’s CEO
The highly unusual lawsuit is potentially aimed at gaining leverage so as to force Tesla Inc’s CEO Elon Musk to settle. According to Teresa Goody, CEO of law firm Goody Counsel, who is also a former SEC attorney, most such… Read More ›
Comcast weighing options to acquire assets from Twenty-First Century Fox: sources
Although Fox prefers a deal with Disney rather than Comcast, more clarity on the deal will emerge later this summer when Fox, in its regulatory filing, justifies the potential deal with Disney, to its shareholders. According to sources familiar with… Read More ›
Elon Musk’s Neuralink could interface your brain to a computer
Registered as a medical research company, Neuralink is currently hiring academics who are experts in this field. The Wall Street Journal has reported citing sources familiar with the matter at hand, that Elon Musk, Tesla’s and SpaceX’s co-founder has launched… Read More ›
Apple considering manufacturing in India: WSJ
This strategic move aims to tap Indian Prime Minister, Narendra Modi’s ‘Make in India’ incentive which states that foreign retailers will have to manufacture 30% of goods sold in stores locally. Local manufacturing could boost Apple’s market share in the… Read More ›
Comcast enters into preliminary talks to purchase DreamWorks Animation
Many have unsuccessfully tried to acquire DreamWorks Animation, will Comcast succeed where others have failed? The Wall Street Journal has reported citing sources familiar with the matter at hand, that the largest cable operator in the U.S., Comcast Corp, has… Read More ›
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