Twitter wins more users in corona crisis

Twitter The short message service increases its sales, but makes a loss in the first quarter. (Photo: Reuters) new York Twitter has slipped into the red with the effects of the corona crisis. The short message service closed the first quarter with a loss of $ 8.4 million. A year earlier, there was a $ […]

ViacomCBS explores the sale of Simon & Schuster Publishing House

ViacomCBS Inc. He is looking to sell his book publishing business Simon & Schuster, said CEO Bob Bakish, an agreement that would provide the company with additional cash to spend on its video transmission efforts. The company will seek at least $ 1.2 billion for Simon & Schuster, according to a person familiar with the […]

US hedge fund Elliott joins Twitter

Paul Singer The head of the US hedge fund Elliott is known for his actionism. (Photo: REUTERS) new York Paul Singer struck again. The head of the US hedge fund Elliott Management is said to have bought a larger share of Twitter shares and is pushing for changes, US media reported over the weekend. Accordingly, […]

Elliott Management Nominates Four Directors to Twitter’s Board

Elliott Management Corp. has nominated four directors to the board at Twitter Inc., according to a person familiar with the matter, setting the stage for a potential showdown between one of the most prolific and pugnacious activist hedge funds and the influential social-media company . Elliott has taken a roughly $ 1 billion stake and […]

“Silver Lake” project: France wants to protect companies

Paris France’s Economics and Finance Minister Bruno Le Maire is committed to stabilizing the country’s major publicly traded companies. A new fund is to be launched as a suitable instrument in just over a month: “Lac d’argent”, Silbersee. The name will remind some of an opera by Kurt Weill, others of a youth book by […]

SAP increases dividend by five percent – share at record high

SAP executives SAP CFO Luka Mucic with co-bosses Jennifer Morgan and Christian Klein. (Photo: action press) Dusseldorf Despite the high costs of a restructuring program, SAP wants to increase the dividend for the 2019 financial year. On Wednesday, the supervisory board, in coordination with the board of directors, proposed to pay 1.58 euros per share […]

US exchange regulator SEC wants to re-regulate IPOs of cryptocurrencies

crypto currencies The market has practically come to a standstill since US regulators in particular have stepped up their action against the long unregulated ICOs. (Photo: Reuters) Washington The U.S. Securities and Exchange Commission SEC has presented a first draft for the use of cryptocurrencies for start-up financing, the Initial Coin Offering (ICO). Accordingly, trading […]

Wall Street is in positive territory – Tesla stock’s flight has stopped

Wall Street Traders on the trading floor. (Photo: AP) Frankfurt Encouraging economic data helped the US stock markets on Wednesday. Investors were pleased with the monthly job market report from the private employment agency ADP, which turned out to be better than expected. In addition, the ISM purchasing manager index for the US service providers […]

Why exchange operator ICE was interested in eBay

new York The exchange operator Intercontinental Exchange (ICE) has grown into one of the dominant providers in the market with a number of acquisitions in recent years. The latest planned acquisition did not work for ICE boss Jeff Sprecher. The parent company of the New York Stock Exchange (Nyse) was interested in the online department […]

The Bernie Sanders Moment – Morning Briefing

Good morning dear readers, he is 78 years old, another five years older than the incumbent US President, and yet young people cheer the candidate Bernie Sanders as if he was a rock star. Today the Democrats begin in the sparsely populated agricultural state Iowa with her Anti-Donald-Trump to elect and the senator out Vermont […]