Shares in French TV company M6 soar on takeover offers

Shares in French TV company M6 soar on takeover offers

A view shows French television group M6 headquarters in Neuilly-sur-Seine, near Paris, France, May 21, 2021. REUTERS/Sarah Meyssonnier Register now for FREE unlimited access to Register PARIS, Sept 26 (Reuters) – Shares in M6 (MMTP.PA), the French television unit German media giant Bertelsmann has put up for sale, rallied on Monday after reports that … Read more

Seven companies bid for new casino licenses in Macau

Register now for FREE unlimited access to Register HONG KONG, Sept 14 (Reuters) – Seven companies have bid for new casino licenses in the world’s biggest gaming hub, with new contracts set to start at the beginning of 2023, Macau’s government said on Wednesday. Macau, a special administrative region of China, is the only … Read more

Bond issuance spree as US companies rush before more rate hikes

Register now for FREE unlimited access to Register Sept 8 (Reuters) – Companies with the highest credit ratings in the world are engaged in a now-or-never US dollar bond issuance spree to get ahead of a continued spike in borrowing costs and as liquidity in the market is expected to dwindle in the next … Read more

Jack Dorsey says his biggest regret is Twitter became a company

Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. REUTERS/Anushree Fadnavis//File Photo Register now for FREE unlimited access to Register Aug 25 (Reuters) – Twitter (TWTR.N) founder and former chief executive Jack Dorsey tweeted Thursday that he regrets the … Read more

Ex-Twitter security head claims company misled regulators on bot accounts – reports

Aug 23 (Reuters) – Twitter Inc (TWTR.N) misled federal regulators about its defenses against hackers and spam accounts, CNN and the Washington Post reported on Tuesday, citing whistleblower disclosures by the social media company’s former security chief Peiter Zatko. In an 84-page complaint, Zatko, a famed hacker more widely known as “Mudge”, alleged Twitter falsely … Read more

Peloton to cut jobs, shut stores and raise prices in company-wide revamp

Aug 12 (Reuters) – Peloton Interactive Inc (PTON.O) said on Friday it would cut jobs, shut stores and raise prices on its exercise equipment including treadmills and top-end bikes as it undertakes a company-wide revamp to shore up its revenue and improve cash flow. Shares of the company surged about 11% in afternoon trade after … Read more

US FTC considers crackdown on how companies collect consumer information

WASHINGTON, Aug 11 (Reuters) – The US Federal Trade Commission (FTC) on Thursday said it was considering adopting new rules to prohibit harmful commercial surveillance and lax data security, saying American consumers are often unknowingly giving up personal information ranging from their menstrual cycles to how they pray. FTC Chair Lina Khan said “firms now … Read more

India nixes privacy bill that alarmed big tech companies, works on new law

NEW DELHI, Aug 3 (Reuters) – India’s government on Wednesday withdrew a controversial data protection and privacy bill which was first proposed in 2019 and had alarmed big technology companies such as Facebook and Google, announcing it was working on a new comprehensive law. The 2019 law had proposed stringent regulations on cross-border data flows … Read more

PayPal registers to Indonesia’s licensing rules, access unblocked

PayPal app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Register JAKARTA, Aug 3 (Reuters) – US payments firm PayPal (PYPL.O) has registered as an electronic systems operator in Indonesia and its customers can now access its services, the company said … Read more

Analysis: Food delivery companies revamp for cost-of-living crunch

AMSTERDAM/NEW YORK, July 25 (Reuters) – When food delivery service Grubhub struck a deal with Amazon (AMZN.O) earlier this month, offering Prime customers a year’s free delivery, shares in rivals slumped. The deal, a lifeline for Grubhub that will increase pressure on its competitors, was the latest example of a meal delivery company taking action … Read more