Yahoo Inc. is proceeding with the spinoff of its stake in Chinese e-commerce giant Alibaba even without guarantee that it won't be taxed. In a regulatory filing, Yahoo says its board has authorized the transaction despite lacking an approval from the Internal Revenue Service. On news of the decision, Yahoo's shares rose Monday by as much as 4% in extended trading.
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'Black Mass' movie review: Will critics' approval help the film's box office performance?
'Black Mass' has garnered generally positive reviews, and has been lauded for the performance of its cast. The Johnny Depp-led movie had a drop from its strong opening weekend, but studio is not concerned.
Tekken 7 Rumored to Release on PS4, Xbox One Early 2016; PC Port To Might Have Caused the Delay?
Official release details of Tekken 7's console versions have been really scarce from the time Harada revealed that it will hit PS4 and Xbox One. However, rumors are rife among fans on online forums speculating that the game will not release in 2015 which maybe due to a PC port being developed for the game and will be delayed until early 2016.
Founder and CEO Ralph Lauren steps down; appoints Stefan Larsson as successor
Founder Ralph Lauren quit the position as the CEO of the Ralph Lauren Corporation. He will be replaced by Stefan Larsson in November. After five decades, the fashion industry veteran, Ralph Lauren steps down as the company's CEO. Mr. Lauren appoints Stefan Larsson to take over the position. All the same, the legendary designer will still lead Ralph Lauren Corporation as an executive chairman and chief creative officer, the Wall Street Journal reported.
British Actress Emma Watson Insist to stop Sexism in Hollywood, Promotes Gender Equality in the film Industry
British actress, Emma Watson feels Sexism is existing in Hollywood or in the film Industry. She feels it needs to stop, instead promote gender equality.
Latest News
James Gunn, writer and director, is currently occupied with the development of the "Guardians of the Galaxy Vol. 2". The team has arrived in Atlanta for a 10-month shooting.
“The Mummy” reboot will have a new director by the name of Alex Kurtzman and he will be partnered with Chris Morgan. Hopefully, their tandem will create a more thrilling and exciting motion picture for Universal, as new monsters will be introduced in the film set to be released on March 2017.
Sony's PlayStation is in the top three as the most intimate brands for millennials based on the research done by MBLM. The report will be released on October 6.
Recently, Thunder Road revealed that "John Wick 2" will start filming. The two directors promised the fans that the movie will make everyone love it more.
American rocker singer, Courtney Love did not know about her daughter, Frances Bean Cobain is going to have her secret wedding. However, the rocker mom still feel cool about it and says she understand her.
Castro knocks out U.S. trade embargo at UN. The Cuban President, Raul Castro spoke Saturday for the first time at the United Nations and salute renewed diplomatic ties with the U.S. as "major progress". However, he knocks out a US trade embargo as the number one hindrance to Cuba's economic development, as reported by MSN News.
‘Shaun the Sheep’ was a surprising box office hit, so much that it is getting a sequel. 120 Shaun the Sheep sculptures are currently displayed in Covent Garden, London, until October 8.
Chicago-based start-up lender Avant Inc has mobilized $325millions in its latest round of funding from a private equity (PE) firm General Atlantic and JPMorgan Chase & Co. Balyasny Asset Management and Tiger Global Management LLC are also investing in the round taking total fund-raising for Avant to $659mn till date. General Atlantic-led round is expected to close in October. With this fund-raising, the valuation of Avant is pegged at $1billion. The start-up firm is planning to use the mobilized funds to offer various financial products and fund its global expansion plan.
American Singer and Grammy Award Winner Lady Gaga was thanked by the four rape victims for her new song "Till it happens to you". The song was strongly address for rape victims, and is the theme song for the sexual violence-theme documentary film, The Hunting Ground.
