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On This Day in History, June 27: World's first ATM installed, Peter the Great wins at Poltava, Atari founded, Djibouti gains independence, first colour TV demo and moreOn This Day in History, June 27, history spans military victories, political change, scientific innovation and technological breakthroughs....- Mark Mobius, pioneer of emerging markets investing, dies at 89Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed op...
- Disney to cut target for Disney+ streaming subscribersWalt Disney Co. is expected to fall short of its subscriber target for the Disney+ streaming service. The goal of 215 million to 245 millio...
- S&P 500 ends higher as jobs data fuels rate-hike optimismWalt Disney dropped 2.4% and Charter Communications fell 3.6% after the companies traded salvos over an unresolved distribution agreement a...
- Elon Musk says he was left with ‘no choice’ on Twitter sackings, claims firm was losing $4 million dailyNearly 180 of its 230-odd employees in India have been given marching orders. The layoffs were spread across content, partnerships, content...
- Wall Street mixed after September jobs missSix of the 11 major S&P sectors declined, with defensive real estate, healthcare and utilities among the top losers.
- SoftBank bets $3.9 billion on US giants from Amazon to TeslaSoftBank founder Masayoshi Son is expanding the company’s investment activities from private startups to publicly traded equities at a time...
- SoftBank is targeting over $10 billion in public investingIn recent years, SoftBank has painted itself as a champion of innovative startups, led by its $100 billion Vision Fund.
- RCom conducts second CoC meeting to discuss updates, appoint other advisorsThe dedicated bankruptcy court had appointed Deloitte as the RP for RCom and its units -Reliance Telecom and Reliance Infratel on June 21.
- Buffett adds more Apple, reduces IBM stake by another thirdBuffett plowed more than $10 billion into IBM in 2011, making it one of his co’s largest investments.
- What does AT&T’s M&A dance with Time Warner mean for the media industryAT&T wants to produce and own TV shows and movies to distribute to its pay-TV and mobile customers. Rivals Comcast and Verizon have taken s...
- AT&T ready to acquire Time Warner for $86 billion to address new-age needs for the Internet customerThat logic is driving Dallas-based AT&T’s effort to buy Time Warner as two storied companies respond to changes reshaping the entertainment...
- Charter to buy Time Warner Cable in a $78.7-billion dealThe deal values each Time Warner Cable share at about $195.71 based on Charter's closing price on May 20, the companies said.
- Vodafone-Essar FDI issue: Govt to take a call on Aug 5The Finance Ministry will take up 40 proposals of FDI, including that of Vodafone-Essar and Walt Disney Company India on Friday.
- Heard on the StreetShares of Tata Communications rose 2.8% to Rs 289.20 on Wednesday in a weak market on speculation the company is close to announcing a join...
- Microsoft co-founder Paul Allen diagnosed with cancerAllen ,one of the wealthiest men in the world, has non-Hodgkin's lymphoma.
- Forex profit and loss may show up in P&L accountCompanies may soon be forced to reveal losses from foreign exchange fluctuations in their financial results as the government is likely to ...
- Cash-strapped Fort Ticonderoga weighs selling artFort Ticonderoga, one of the nation's oldest and most significant historic sites, is so financially strapped that its trustees are consider...
- Special immigration counters for high-flying corp biggiesAfter showering India Inc with Padma awards, the government is considering setting up a facility for corporate jet setters at airports.
- Now, employee is centre of actionToday, HR is a tool for influence, communication, innovation and invention as discovered and debated by the powers-that-be S Ramadorai, CEO...
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