Firm Management

Elon Musk Kills Twitter Site as He Confirms Domain Transition to X.com Is Now Complete

Elon Musk has completed the rebranding of Twitter, the social media platform he owns, as its website name or URL officially changes to X.com.


Stellantis Appoints New Leaders for Ram and Dodge Brands as Tim Kuniskis Steps Down After 32 Years

Tim Kuniskis, who has been with Stellantis for nearly 32 years and is CEO of the Ram and Dodge brands, announced his retirement on Friday...

OpenAI Risk Team Disband Update: Former Leader Claims Company Neglects Safety to Favor 'Shiny Products'

After disbanding the OpenAI risk team, its former leader blasted the AI company. Here's what he said...

Under Armour Is Laying off Employees, Re-Focusing on Core Men's Apparel

Under Armour said it's laying off employees and re-prioritizing its core men's apparel business as part of its restructuring effort...


Latest News

BOA CEO Moynihan Awarded With The Second Largest Pay Package After JP Morgan’s James Dimon
Brian T. Moynihan, the CEO of BOA has been awarded with a pay package of $16 million, a 23% rise from the previous year. However, the package will reach at maximum if BOA can touch 0.80% earning again
Soundcloud Reported Prolonged Losses, With 2014 Loss of $44 Million
Soundcloud's financial report revealed that the company is experiencing significant loss in 2014, and the losses had started from several years before. The 2014 loss was due to large expenses, even th
Time Inc. Acquired Viant, Which Owned MySpace and Other Ad-Related Business Units
Time Inc. was interested in big data owned by Specific Media when they acquired Viant, which owns Specific Media. Apparently, Viant also owned other business units, including social network Myspace. T
107 Yahoo Employees Received Layoff Notice As Part of The Planned 1,500 Job Cuts
Yahoo’s planned restructuring plan had started on Wednesday, whereas 107 employees had received a written notice that after 60 days they would have to leave the office. That would be the first batch o
Microsoft Announced Partnerships With 74 Android Device Makers
Microsoft announced that now the company has partnership with 74 Android device makers in 2015. The agreement says that the OEMs will have to pre-install Microsoft apps on their devices. Lately, Micro
DFJ Raises $350 Million Fund As Its 12th Fund
Draper Fisher Jurvetson (DFJ) has raised another venture capital fund. The firm raised $350 million as its twelfth fund. DFJ is interested to invest autonomous transportation, digital health, enterpri
Prudential Financial Going To Discuss Fourth Quarter Financials On Thursday Through Video Conference Call
Prudential Financial has announced its fourth quarter financials of 2015 on Wednesday. Assets under management have been amounted to be $1.184 trillion on December 31, 2015. It has been compared to $1
US Foods Files For Up To $100 Million IPO Under New York Stock Exchange
Sysco has initiated a process to acquire US Foods for $3.5 billion in 2013. The effort has been blocked by a federal judge under certain grounds. The debt burdened distribution giant has finally opted
Disclosure Of Fourth Quarter Earnings Slashes SolarCity Stock Prices By 33.59%
SolarCity Corp. has been displaying a tremendous growth during the last couple of years. The largest solar plant provider in the US has disclosed fourth quarter earnings during late hours on Tuesday.
Microsoft Acquired Music Player App "Groove"
Months after rebranding Xbox Music and relaunched it by the name Groove, Microsoft acquired a music player app that goes by the same name. The Montreal-based startup agreed to sell the name and techno
Real Time Analytics