PSA shareholders approve merger with Fiat Chrysler
At a special shareholder meeting, the plan to form Stellantis was backed by more than 99 percent of the votes cast by the company's top investors, including the Peugeot family and Dongfeng Motor......»»
SpaceX fixes Crew Dragon toilet before this weekend"s launch
A SpaceX Crew Dragon capsule is slated to take a group of professional astronauts to space this weekend. But first, NASA must look over and approve some changes SpaceX made to address some issues with a key component — the toilet......»»
CM Group Merges With Customer Engagement Company, Cheetah Digital
CM Group, a portfolio of marketing technology companies focused on multichannel digital marketing, announced its merger with Cheetah Digital last week. Continue reading........»»
Trump to launch social media platform to compete with Twitter and Facebook
Former US president to go public with TRUTH Social via merger with SPAC. Enlarge (credit: Chris Delmas | Getty Images) Donald Trump is launching a social media platform called TRUTH Social, which will go public via a merger wi.....»»
Facebook fined $70 million by UK regulators for not cooperating on Giphy acquisition investigation
Facebook acquired Giphy over a year ago for an undisclosed sum, but some reports claim the deal was valued at around $400 million. Soon after the takeover, the UK antitrust watchdog opened an investigation concerning the merger due to how it could af.....»»
Bitcoin Tops $60,000, Rising 50% in 24 Days
Less than a month ago Bitcoin's price was $40,683. Last night it reached $61,369 — a gain of more than 50% in just 24 days. CNN attributes the October surge to "hopes that the Securities and Exchange Commission will soon approve a bitcoin fut.....»»
Tether Fined $41 Million For Lying About Fiat Currency Backing
An anonymous reader quotes a report from Bloomberg: Tether will pay $41 million to settle allegations it lied in claiming its digital tokens were fully backed by fiat currencies, putting a major compliance headache behind the world's biggest issuer o.....»»
Microsoft Agrees To Human Rights Review in Deals With Law Enforcement, Government
Microsoft, which has faced pressure from employees and shareholders over contracts with governments and law enforcement agencies, agreed to commission an independent human rights review of some of those deals. From a report: The move came in response.....»»
Shareholders pressure Microsoft into expanding its right-to-repair efforts
The promises are vague, but we should know more by mid-2022. Enlarge / The Surface Pro 8's replaceable SSD. (credit: Andrew Cunningham) Microsoft's Xbox and Surface hardware may be getting easier to repair, according to a pres.....»»
BrewDog Exposes Data of 200,000 Customers and Shareholders
An anonymous reader quotes a report from TechRadar: BrewDog, one of the world's largest craft beer brewers, has exposed personally identifiable information (PII) belonging to more than 200,000 of its shareholders and customers, according to cybersecu.....»»
Corporate insiders disguise share sales with cautious approach to deter predatory short sellers
Company directors, officers or major shareholders, worried that their personal share sales might trigger aggressive short selling from investors tracking their moves, are disguising their trades with a cautious, incremental approach often spread over.....»»
Can math make redistricting more fair?
Just before midnight on Tuesday, Sept. 28, an independent, bipartisan commission voted to approve a new map for Colorado's congressional districts––dividing the state into eight territories with roughly equal populations......»»
Chip M&A deals reach US$22 billion in first 8 months of 2021
After a record-high start in the first quarter of 2021, semiconductor merger and acquisition announcements cool off a bit without the "megadeals" seen in 2020, according to IC Insights......»»
Facebook paid FTC $4.9B more than required to shield Zuckerberg, lawsuit alleges
Shareholders say the overpayment was an "express quid pro quo." Enlarge / Facebook CEO Mark Zuckerberg testifies before a combined Senate Judiciary and Commerce committee hearing in the Hart Senate Office Building on Capitol Hill April 10, 2018.....»»
Manley"s return to retailing after merger surprises dealers
He kept the company going after Sergio Marchionne died and guided Jeep's growth as it became a global player that sells more than 1 million vehicles annually......»»
Jeep, Fiat, Ram to raise money for fighting pandemics in deal with Bono brand company
The Stellantis brands will release special edition vehicles as part of a multiyear partnership with Red, a brand licensing company that raises money to fight global health emergencies......»»
Gogoro will go public on Nasdaq after $2.35B SPAC deal
Gogoro is going public. The company, which is best known for its electric Smartscooters and swappable battery infrastructure, announced today it will list on Nasdaq through a merger with Poema Global, a SPAC affiliated with Princeville Capital. The d.....»»
ASC 100: SAT supplies car parts for OEMs and REMs
Somboon Advance Technology (SAT) was founded in 1995 by the Kitaphanichs and the shareholders of Bangkok Spring Industrial, and went public in 2005 in Thailand. The Kitaphanichs were the founders of the pioneer automotive spring maker Somboon Spring.....»»
Boeing"s Directors Are Now Facing an Investor Lawsuit Over Fatal 737 Max Crashes
Alain Williams (Slashdot reader #2972) brings this report from the BBC: Boeing's board of directors must face a lawsuit from shareholders over two fatal crashes involving its 737 Max plane, a U.S. judge has ruled. Morgan Zurn said the first crash wa.....»»
California utility regulators rule T-Mobile misled them during testimony over Sprint merger
Update (08/17/21): Shortly after publication, T-Mobile reached out to us to comment on the Commission's ruling. A spokesperson said that the company categorically disagrees with the Administrative Law Judge (ALJ) in this case, issuing the following s.....»»
T-Mobile Apparently Lied To Government To Get Sprint Merger Approval, Ruling Says
T-Mobile is having a rough week -- and it's only Monday. Earlier today, the company confirmed hackers gained access to the telecom giant's systems. Now, Ars Technica is reporting that the carrier "apparently lied to government regulators about its 3G.....»»